Diversity, equity, and inclusivity (DEI) in an organization help bring unique perspectives and ideas to create more innovative, productive, and resilient enterprises. Additionally, it contributes to equality of opportunity and treatment at all phases of the employment relationship, including recruitment, retention, promotion, remuneration, and training.
Gender gaps in organizations have narrowed over the past three decades due to labour mobility worldwide. There has been an increasing global awareness that all workers have a right to a dignified and respectful workplace irrespective of their sexual orientation and ethnicity, which helps to promote an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. Globally, women's employment declined by 5% in 2021, compared with around 4% for men, according to the International Labour Organization (ILO).
Technology companies are working towards closing the gender gap and enhancing inclusivity. Technology companies must create flexible work and well-being programs such as free mental health counseling and childcare to promote positive work culture.
Alphabet Inc (Alphabet), the holding company of Google, is a global technology company. In 2022, the technology giant reported 33.9% women participation in its workforce, an increase of 1.4 percentage points over 2021. In leadership roles, the representation of women globally increased to 30.6% by 2.5 percentage points over 2021.
In 2022, the representation of Asian employees in the Alphabet was 43.2%, an increase of 0.9 percentage points over 2021. Hispanic & Latinx and Black employees represented 6.9% and 5.3% of the workforce.
Google invested $50 million in American historically black colleges and universities in 2021 to address the diversity gap in the tech sector.
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