In an organization, diversity, equality, and inclusiveness (DEI) assist bring diverse viewpoints and ideas to build more innovative, productive, and resilient businesses. At all stages of the employment relationship, including hiring, retaining employees, promoting them, compensating them fairly, and giving them access to training and skill development, it also helps to ensure that everyone has the same opportunities and is treated fairly.
The gender gap in organizations has narrowed over the past three decades, given easier labour mobility worldwide. There has also been an increasing global awareness regarding the right to a dignified and respectful workplace irrespective of 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 thrives to create flexible work and well-being programs such as free mental health counseling and childcare to promote positive work culture.
NVIDIA Corp (NVIDIA) designs and develops graphics processing units, central processing units, and system-on-a-chip units for gaming, professional visualization, data center, and automotive markets. In 2022, the technology company reported 19% women participation in its workforce, a decrease of 0.1 percentage points over 2021. At the senior management level, representation of women globally increased to 12% by 0.7 percentage points over 2021.
In 2022, the representation of Asian American employees in the US NVIDIA workforce was 49.2% which increased 2 percentage points from 2021. Black & African American and Hispanic & Latino employees represented 2.4% and 3.3% of the US workforce, respectively.
NVIDIA has doubled the representation of Black and African American employees in its workforce since 2020. Women continue to be promoted at an approximately equal rate to men in the company.
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