Diversity, equity, and inclusivity (DEI) at the leadership level promote innovative thinking, a wider range of skill sets, and advanced company culture. 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. Active discussion of race in the workplace, revisiting the hiring process, investing in BAME employees’ career progression, and establishing a culture of mentoring are a few ways by which to enact change in racial diversity in the workplace.
The gender gap in organizations has narrowed over the past three decades, giving easier labour mobility worldwide. There has also been an increasing global awareness regarding the right to a dignified and respectful workplace irrespective of the sexual orientation and ethnicity of the employees, which promotes an open and inclusive workplace. However, labour market disruption due to the COVID-19 has had devastating consequences globally. According to International Labour Organization (ILO), women’s employment declined by 5% globally in 2020 compared with around 4% for men.
The technology industry is working towards closing the gender gap and enhancing inclusivity in the years ahead. Technology companies must create flexible work and well-being programs such as free mental health counseling and childcare to promote positive work culture.
Microsoft Corp (Microsoft) develops, licenses, and supports software products, services, and devices. In 2021, the representation of Asian employees in the US Microsoft office was 34.9% which remained unchanged from 2020. Black & African American and Hispanic & Latinx employees represented 5.6% and 6.9% of the workforce, respectively.
In leadership roles (executive) at Microsoft’s US office, the representation of Asian employees increased to 23.3% by 1.8 percentage points over 2020. Black & African American employees represented 5.6% and Hispanic & Latinx employees represented 3.7% at senior levels in the US workforce in 2021.
Microsoft is adding a $150 million investment to strengthen inclusion and double the number of US Black and African American, and Hispanic and Latinx people managers, senior individual contributors, and senior leaders by 2025.
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