{"id":8197,"date":"2019-02-25T09:08:49","date_gmt":"2019-02-25T17:08:49","guid":{"rendered":"https:\/\/www.knowledgecity.com\/blog\/?p=8197"},"modified":"2024-09-17T09:24:43","modified_gmt":"2024-09-17T16:24:43","slug":"diversity-training-pays","status":"publish","type":"post","link":"https:\/\/www.knowledgecity.com\/blog\/diversity-training-pays\/","title":{"rendered":"7 Reasons Diversity Training Is Critical in Compliance"},"content":{"rendered":"

There\u2019s a lot of talk about diversity in our culture – especially in the workplace. Diversity seems to be the new business buzzword with companies increasingly eager to show their commitment to the idea of a diverse workforce by providing diversity training and initiatives. This commitment to diversity extends far beyond compliance to deliver real business impact and measurable return on investment.<\/p>\n

\"Diverse<\/a>
\nWhile diversity training is a mainstay in any compliance program, the changing workforce is helping drive the push to adopt more inclusive procedures and policies. As millennials<\/a> have become the dominant generation in the workforce, they are demanding businesses prioritize diversity and inclusion as a required benefit<\/a>.<\/p>\n

What exactly is workplace diversity anyway? According to Workology<\/a><\/em>,<\/em> it is the bringing together of a variety of people in one workplace. That sounds simple enough, and one could argue workplaces have always brought different people together.<\/p>\n

However, true diversity training and initiative goes beyond just ensuring your organization is meeting compliance guidelines. It also includes:<\/em><\/h4>\n
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  • Experience<\/strong> \u2013 considering different levels and types of educational and professional experience<\/li>\n
  • Background<\/strong> \u2013 considering skill sets and personal employee stories that can enrich the workplace<\/li>\n
  • Characteristics<\/strong> \u2013 race, ethnicity, gender, religion, age, disability, sexual orientation and other areas<\/li>\n<\/ul>\n

    A diverse workforce is critical to recruiting and retaining millennials and the upcoming generation of workers, Generation Z<\/a>.<\/p>\n

    There are also other benefits for companies to invest in a more diverse workforce:<\/em><\/h4>\n
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    • Provide a fresh perspective to established business processes<\/li>\n
    • Maximize productivity<\/a> and outperform less diverse companies by 35 percent<\/li>\n
    • Have 3% more cash flow<\/a> over three-year period<\/li>\n
    • Seventy percent<\/a> capture new markets<\/li>\n<\/ul>\n

      These are all irrefutably great benefits for your company. But does diversity training for existing employees make a real difference? According to Dr. Phyllis Wright<\/a>,<\/em> everyone has biases, either conscious or unconscious. Bias is normal. But sometimes, it is inappropriate, leading to the wrong conclusions or actions. Inclusion and diversity training can help raise awareness and abate the negative aspects of bias. Since only 20 percent of information we use to create our opinions comes from newly acquired outside influence, it is imperative that excellently designed inclusion and diversity training target reforming the remaining 80 percent.<\/p>\n

      A fantastic way to get your team up to speed and make sure that initiatives and ideas stick is to provide online diversity training. Not only can employees absorb the learning in bite-size chunks. They can do it anytime they need a refresher on important concepts and ideas in your diversity training. KnowledgeCity <\/a>has an excellent diversity course to help get you started with continual learning.<\/p>\n