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Gender diversity in companies leads to improved reputation both directly and indirectly. Directly, companies with a higher percentage of women board directors are favorably viewed in sectors that operate close to the final customers and are more likely, for instance, to be on Ethisphere Institute's list of the "World's Most Ethical Companies".
The demographic diversity of members of a team describes differences in observable attributes like gender, age or ethnicity. Several studies show that individuals who are different from their work team in demographic characteristics are less psychologically committed to their organizations, less satisfied and are therefore more absent from work. [2]
The workplace diversity can be categorized into single-gender and mixed genders. [9] It focuses on mostly "identity-based differences among and between two or more people". The multicultural organization not only contains many different cultural groups or different genders, but it values this diversity.
Flyer supporting equity, diversity, and inclusion in 2016. Diversity, equity, and inclusion (DEI) are organizational frameworks which seek to promote the fair treatment and full participation of all people, particularly groups who have historically been underrepresented or subject to discrimination on the basis of identity or disability. [1]
A diversity charter, within the context of a workplace or a group of people, is a document that recognizes diverse attributes within a collective of individuals and is founded on six key pillars: race, age, gender (gender diversity), religion, sexual orientation (sexual diversity), and cultural background (cultural diversity). [19] [20] [21] [22]
While companies are shifting toward greater gender diversity in the workplace, it is still necessary to identify and rectify why women are not gaining leadership positions, even though equal pay for equal work exists. Evidence shows that organizations that play an active management role in diversity in the workplace have positive results.
Diversity of age, gender, and race are considered to be the most important demographic factors resulting from team composition. [6] Surface-level diversity reflects differences that are more readily observable (e.g., race, gender). Deep-level diversity reflects differences that are less visible (e.g., personality, values).
Increased awareness of gender inequality in the workplace has increased women's salaries by 1.6% between 2016 and 2017. Women's annual salaries have continued to slightly increase in the years following this change. [86] One of the biggest factors that creates this economic inequality is parenting. While many white women are staying home to ...
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