Brianna White

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Jul 30, 2019
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Global interdependence isn’t a new concept, but companies are just beginning to realize the importance of building diverse teams. Diversity, equity and inclusion (DEI) initiatives are at the forefront of hiring conversations these days. Industry innovation requires a variety of perspectives from both leaders and employees—and you can achieve that by committing to an open-minded and inclusive hiring process and workplace culture that welcomes new opinions, experiences and cultural backgrounds.
While many businesses are working toward equity and inclusion, minorities continue to face challenges in the tech industry. Although companies spend about $8 billion a year on DEI training, 68% of business leaders recognize a lack of diversity in their tech workforce.
Women and people of color remain underrepresented in tech—and those in the industry are getting paid less than their Caucasian male counterparts. In 2020, Hired reported that 63% of the time, men were offered higher salaries than women with the same job titles and at the same companies. While wage gaps have improved, Hired’s 2021 study found that Black and Hispanic women continue to see the widest wage gap in tech.
These numbers are disappointing, but they are forcing the industry to take action. For example, in response to recent negative press, companies like Google are working to improve their employee representation for women and people of color.
Continue reading: https://www.forbes.com/sites/forbesbusinesscouncil/2022/11/15/the-importance-of-dei-initiatives-in-tech/?sh=7afa3cf150cb
 

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