Diversity, equity, and inclusivity (DEI) in an organization help bring unique perspectives and ideas to create more innovative, productive, and resilient enterprises. It also contributes to equality of opportunity and treatment in the workplace at all stages of the employment relationship, including recruitment, retention, promotion, remuneration, and access to training and skills development.
Over the past three decades, the gender gap in organizations has narrowed, attributed 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. Women’s employment declined by 5% globally in 2020 compared with around 4% for men according to International Labour Organization (ILO).
The technology industry is working towards narrowing the gender gap and increasing inclusivity in the years ahead. The companies in the industry must create flexible work and well-being programs such as free mental health counseling and childcare to promote positive work culture.
HP Inc (HP) is an information technology company that offers a wide range of products, technologies, software, solutions and services. In 2021, the company reported 37.3% women participation in its workforce, an increase of 0.4 percentage points over 2020. At the senior management level representation of women globally increased to 32.5% by 2.8 percentage points over 2020.
In 2021, the representation of Asian employees in the US HP office was 13.6% which increased 0.7 percentage points from 2020. Black & African American and Hispanic & Latinx employees represented 4.5 % and 9.6% of the US office, respectively.
HP has set a goal to achieve 50-50 gender equality in the company leadership by 2030. The company also aims to double the number of Black/African American executives by 2025, from a 2020 baseline.
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