Categories
Diversity, Equity, Inclusion, & Belonging

The benefits of ERGs and how to best leverage them

Employee resource groups (ERGs) have long been a mainstay of diversity, equity, and inclusion programs. These employee-led collectives are organized around elements of identity, whether race, gender, military status, etc., and are designed to help better support their members in the workplace. More than 90% of Fortune 500 companies have employee resource groups, highlighting the clear value of these associations. That said, it’s one thing to know ERGs are valuable, while it’s another completely to figure out how to build them effectively at your company. It’s important to first know the benefits of ERGs and what you’re looking to get out of them in order to chart a clear map for success.

Although every company will be different, there are some important steps that all organizations can take to position themselves to capitalize on the full benefits of ERGs. This is also why we built the Global ERG Network, in order to help every company move forward faster on diversity, equity, and inclusion by optimizing their ERGs, BRGs, and Diversity Councils. Read on to learn more about how to build your ERGs so they’re primed for maximum impact, ensuring your team can enjoy all the many benefits of ERGs and affinity groups.

What we currently know about the benefits of ERGs

While the hard research on ERGs is a bit slim (for now), it’s easy to see how they can impact your organization by simply looking to fundamental human psychology. The largest bucket above the most basic needs on Maslow’s Hierarchy is ‘belongingness and love needs’. Everyone wants to feel that they have a community, no matter whether it’s at work or out in their personal lives. For employees from underrepresented backgrounds though, they may be the only person with that identity on their team, making it easy to feel alone and potentially even excluded. Having the opportunity to connect with others who share similar backgrounds across the organization through an ERG can make a big difference towards helping them feel at home in the company.

This increase in interpersonal inclusion and belonging is certainly one of the key benefits of ERGs, but there are also a number of positive outcomes from the company standpoint as well. For instance, by building community and spearheading events and programming, ERGs can help to drive employee engagement, a chronic challenge for most companies. In addition, they can increase retention by adding the prospect of losing this community to the list of reasons why employees would stay. ERGs can help companies to recruit more top talent from underrepresented backgrounds by clearly demonstrating that people who share their identity make up a significant and valued part of the company.

Last but certainly not least, we know that the benefits of ERGs extend into the realms of professional development and innovation as well. ERGs can provide much needed career support and development opportunities to members, ensuring that employees who might not have access to the same chances to advance receive an additional boost through dedicated programming. Similarly, they can drive business innovation by offering crucial insight into business plans and new opportunities. For instance, an ERG catering to people with disabilities might help ensure a new product is accessible before launch, or a Latinx ERG might help their company enter into a primarily Spanish-speaking market where they previously had no presence. The potential benefits of ERGs are many, but as with most efforts, what your company gains will ultimately come down to what you put into it.

How to ensure your ERGs succeed and confer the maximum benefit

Now that you know about the potential benefits of ERGs, how do you go about ensuring that you obtain them for your company? At a high level, it really comes down to just three key steps:

  1. Ensure your ERGs are built on strong foundations. Don’t leave your ERGs up to chance. Create a template charter for all of your ERGs so that they start off on the right foot. As part of the charter process, your founding ERG leadership team should establish their mission, vision, and values; set out short, medium, and long-term goals; decide on meeting schedules and the types of events or initiatives the group will hold or participate in; and develop a transition plan so that when a founding team member leaves, the entire group doesn’t fall apart. In addition, they should also create any membership requirements and/or expectations. By developing a clear plan from day one, it will be much easier for your ERGs to stay on track and ensure they’re driving real impact.
  2. Give them the tools and power to drive change. ERGs that aren’t empowered to act within their companies often end up being merely social organizations that arrange happy hours and other one-off gatherings. While there is certainly still value in events like these, if you truly want your ERGs to deliver on business outcomes, it’s crucial that you give them the tools and power to succeed. On the tools front, ERG leaders are at extremely high risk of burnout, so don’t make their job any more difficult or time-consuming than it has to be. Ensure they have access to a streamlined way to manage and track the success of their group, whether it’s through a dedicated system like Workrowd or an internal system that doesn’t require them to fumble across multiple different spaces. This will also help with member engagement and increase visibility for employees looking to join new groups. Similarly, make sure they have the authority to actually do things. If you don’t allow your ERGs to schedule meetings during work hours, advertise through work channels, or otherwise take up space, you severely cripple their ability to drive impact. Give your ERGs the power to do what they need to do, then support them on their road to success.
  3. Involve them in your business decisions. Don’t forget to leverage your ERGs when it comes to actual business efforts, too. As mentioned above, ERGs can be crucial tools to promote cultural competency and innovation in your business. ERGs help encourage diversity across your organization, and companies that report high levels of diversity are 70% more likely to have captured a new market in the past year. Firms with higher ethnic and racial diversity also report two times more innovation revenue. While some of this will come naturally from having more diverse teams throughout your organization, inviting ERG members to assist on strategic initiatives to ensure a wider diversity of perspectives is essential if you want to unlock the full benefits of ERGs.

Making the most of your ERGs is critical if you want your diversity, equity, and inclusion efforts to drive real outcomes in 2021. In order to access the full benefits of ERGs, take steps to prioritize the tips listed above, and make sure you’re not sidelining these powerful collectives. Having thriving ERGs is a great way to boost your employer brand, so if you’re looking for new ways to recruit and retain top talent, look no further than employee resource groups. The Global ERG Network has best practice templates and toolkits if you need them, and we encourage you to explore what other external resources might be available to you. Lastly, if you want to equip your ERGs with a full suite of tools to manage, monitor, and measure their success, drop by our site and check out Workrowd. We’ve got everything you need to supercharge your ERGs and then some.

Categories
Employee Retention

Corporate alumni networks – 3 reasons to start one today

Experts are warning of a ‘turnover tsunami’ poised to hit the U.S. in the coming months as businesses reopen and the economy rebounds. As part of this shakeup, employers will lose a wealth of institutional knowledge, but may have the opportunity to acquire some new skills they found it difficult to recruit for prior to and during the pandemic. One thing that’s for certain is that many employers will have to say farewell to some star players. This goodbye doesn’t have to be forever, though. The opportunity to rehire some of these individuals may present itself down the line, especially if the company invests in a corporate alumni network.

Just as community and communication are absolutely critical for current employees, keeping former employees connected to colleagues and company news is similarly important. Corporate alumni networks are the easiest way to achieve this, and you may even find that employees have already built one or more informal communities that you can tap into to get started. Read on to learn more about the benefits of corporate alumni networks and the first steps you should consider when looking to start one.

3 reasons why starting a corporate alumni network is one of the best decisions you can make this year

Recruiting top talent is an expensive endeavor. Estimates suggest that the cost to hire a new employee can stretch from the mid-four-figures all the way up into the tens of thousands of dollars. Accordingly, it can be quite a blow when a star player chooses to leave your organization after all the time and money you’ve invested in bringing and keeping them there. As mentioned above though, all of that work doesn’t have to go to waste. You can leverage a corporate alumni network to keep your top performers in the company loop so that when it’s time to make their next move, you’re the first place they think of going.

If former employees maintain strong relationships with current staff, and frequently see exciting updates about your company’s progress, they’ll be much more likely to tire of being on the outside looking in and want to return to the team. In other words, corporate alumni networks are a great way to build FOMO, or a fear of missing out among those who have left, in order to passively encourage them to return. Approximately 15% of employees say they’ve boomeranged back to a former employer, and 40% say they would consider it. This number is heavily skewed towards younger generations, with 46% of Millennials saying they would consider boomeranging back to a company they previously worked for, while just 33% of Gen X-ers and 29% of Baby Boomers reportedly said the same.

Bringing back top talent after they’ve been with another employer for a period of time has numerous benefits. You already know they can be successful with your organization, so it greatly derisks the hiring process. Furthermore, while they may have been stars when they were initially with your company, they’ve now had the opportunity to learn new skills and systems, so they’ll be even better equipped this second time around. They’ll also likely need less training because they’ll already know how a lot of things work at your organization. Last but certainly not least, they’ll likely appreciate all the great things about your company culture more than ever after having seen what else is out there. While every situation will differ, from a high-level perspective there are almost no downsides to bringing former colleagues back onto the team. Running a corporate alumni network helps ensure that you keep in touch with these employees to help facilitate their return, no matter what they do next.

Another benefit of keeping former employees involved through a corporate alumni network is for employer branding purposes. More than 60% of GEN Z jobseekers prefer to hear about opportunities directly from a current or former employee. When looking to recruit from this demographic, the more employee ambassadors you have on the ground, the more successful you’ll be. Sharing positive company updates with former team members will ensure they keep your company in mind when speaking with potential jobseekers, and will set them up to make a strong pitch.

How to get started with building a corporate alumni network

While it can confer many benefits, launching a corporate alumni network doesn’t have to be difficult. In fact, it can be pretty straightforward. Follow the steps below and you’ll be off to a great start:

  1. Update processes to collect the necessary data. In order to cultivate a robust corporate alumni network, you’ll need email addresses for employees after they’ve left the company. You may choose to ask employees for their email address as part of the off-boarding process, or you could even set up a system to provide employees alumni addresses as many universities do. In theory, you could also keep the email address the employee originally applied to your company with, however that may have changed in the time since they started. Regardless of which method you choose, having a way to contact employees after they’ve left is key to your corporate alumni network’s success.
  2. Ask employees about existing networks. Former employees may have already assembled somewhere whether over WhatsApp, LinkedIn, Slack, or elsewhere. Tap into these networks, and if it makes sense, explore potentially formalizing them. In other words, if there is already a solid base of alumni congregating on LinkedIn, then it probably doesn’t make sense to reinvent the wheel. Just put some power and time into ensuring consistent activity in the LinkedIn community, and you can ramp up much more quickly than if you started from scratch.
  3. Pick your platform. If there isn’t an existing community you can tap into, then you’ll need to decide where you want to host your network. The options above are a start, or there is even dedicated corporate alumni network software you can purchase. Workrowd can actually fulfill this use case as well, by simply having a private krowd where you invite past employees to join with their non-company email addresses. Whatever you choose, make sure that it’s flexible to meet your needs, and above all, user-friendly. If your platform is clunky or difficult to use, former employees won’t make the time to learn it.
  4. Identify your manager. Few communities actually run successfully on their own, so you’ll need to dedicate at least part of an employee’s time to managing and maintaining the corporate alumni network. This individual should be in charge of inviting new employees as they leave, making sure they get signed up, updating information and ensuring everything stays fresh, etc. Without someone whose job it is to keep the community running, these spaces can stall and grow stagnant quite quickly, so don’t overlook the importance of assigning someone this role.
  5. Invite former team members. Last but certainly not least, reach out to as many former team members as you have contact information for in order to start building up your network. While you may not be able to reach everyone, and not all of those whom you do reach will be interested if it’s a long time after they left, starting with a solid base of members will help set your corporate alumni network up for success.

Staying in touch with employees after they leave is an important piece of the talent management puzzle in today’s economy. If you’re not keeping star players connected to your company’s ecosystem, you’re wasting crucial dollars between the investment you made to bring them to the team in the first place combined with the money you could save by rehiring them down the line. If you’d like to explore Workrowd’s solution for a corporate alumni network that you can manage in the same place as your communities for current employees, drop us a line at hello@workrowd.com. We’d love to hear from you.

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Diversity, Equity, Inclusion, & Belonging

From diversity, equity, and inclusion statement to action

Just as it’s important for organizations to have a mission statement that guides their work and decisions, it’s useful to have your company’s stance on diversity, equity, and inclusion (DEI) written out for both internal and external parties to view. In today’s talent market where nearly 90% of job seekers say that diversity is important when evaluating prospective employers, it’s crucial to be clear and upfront about how your company approaches DEI. Solidifying a diversity, equity, and inclusion statement is just the first step however, in an essential, ongoing process to drive real impact on DEI within your organization.

With statement in hand, it’s time to move towards action. Words only go so far, and if your employees and recruits find out that your statement has no teeth behind it, your company culture and employer brand will suffer the consequences. Developing an effective DEI strategy can be challenging though, and the steps required will vary depending on where your company is starting from and where you want to go. Despite that, there are some broad commonalities, so we’ve assembled a list of 3 best practices every organization can utilize regardless of circumstances to help move their diversity, equity, and inclusion efforts from statement to action.

How to craft an authentic diversity, equity, and inclusion statement

As with so many things that tie into a company’s employer brand, developing a strong diversity, equity, and inclusion statement starts off with examining your organizational culture. For instance, while it might make sense for a direct to consumer tech startup to use slang or other more casual language in their statement because that’s how their brand interfaces with employees and consumers, a law firm might take a more formal approach. Consider what makes sense based on your company’s norms, and don’t try to force it. Presenting an inauthentic diversity, equity, and inclusion statement has the potential to be more damaging than not posting one at all.

Next, take a look at your values. Hopefully if you’re here you already understand the far-reaching benefits of diversity and inclusion work, so perhaps DEI is already explicitly included in your values. If so, leverage that in your diversity, equity, and inclusion statement. Let everyone know that DEI is baked directly into your guiding principles and explain how that drives your approach to making sure everyone feels that they belong. Similarly, if one of your values deals with respect, consider noting that as part of your goal to respect everyone, you strive to be inclusive and respectful of all people, regardless of background or circumstances. Grounding your statement in your company values will ensure it is well aligned with your culture and operations, and will prevent it from ringing hollow.

Lastly, and perhaps most importantly, be sure to include your ‘why’. It’s great to say that you are inclusive of everyone, but people want to know what’s driving your focus on inclusion. Explaining your motivation also helps boost the level of authenticity your statement conveys, and makes it easier for people to feel connected with it. It may be related to your product ‘e.g. we build our products to democratize access to XYZ, so we’re committed to that same level of access and inclusion in everything we do’; it could be related to your people ‘e.g. the diverse perspectives of our employees are what keeps our company at the forefront of innovation, so we actively seek out and support people with an array of identities and lived experiences’; or it could just be that you want to be a part of creating a better world. If you don’t know your ‘why’, figuring that out should be your first step.

Once you’ve checked in on your culture, values, and ‘why’, it’s time to get writing. Don’t do it alone, though! In order for employees to truly buy into your diversity, equity, and inclusion statement, you have to practice what you preach and include them in the process of crafting it. Bringing your employees into the conversation will help ensure your statement is something that the whole company is committed to executing on, and leads nicely into our next section: translating your DEI statement into action.

3 key strategies for moving from diversity, equity, and inclusion statement to action

Diversity, equity, and inclusion statements are important for letting current and prospective employees and customers know your stance on these crucial topics. While writing one is a valuable first step though, it’s not enough to convince most people unless it’s backed up by real action. In order to help you transition from talking about DEI to actually succeeding at DEI, we’ve collected the following suggestions:

  1. Set measurable goals. While your diversity, equity, and inclusion statement should summarize your blue-sky vision, in order to come anywhere near achieving it you’ll need to set concrete goals. Moving the needle on DEI is a marathon, not a sprint, so it can help to start off with a medium to long-term goal, then break it down into more bite-sized pieces. Consider what you want to achieve during this year, or even this half of the year, and identify metrics to help measure your success. It’s also crucial that you don’t get discouraged and give up if progress isn’t coming as quickly as you would like. The only way you’ll ever reach your goal and deliver on your diversity, equity, and inclusion statement is if you keep putting in the work on an ongoing basis.
  2. Identify your employee champions. Succeeding at DEI is an example of an effort where it truly does ‘take a village’. DEI isn’t something that can be decreed or enforced from the top down; it has to be cultivated from the bottom up as well. While realistically, driving DEI should be the responsibility of everyone in the organization, it’s also useful to identify those employees who are particularly passionate about it so that you can empower them to share their enthusiasm with their colleagues. These people may already be spearheading efforts including leading employee resource groups or other networks, or you may need to look a bit harder or simply ask for volunteers. Having a ‘street team’ to be the eyes, ears, and voices of your DEI efforts on the ground can truly make the difference between initiatives that energize employees, and ones that fall flat.
  3. Invest. You wouldn’t expect to scrimp on your sales budget and still bring in massive deals, so you shouldn’t assume that approach will work with DEI, either. You have to invest early and often in DEI in terms of both time and money in order to be successful. Given that companies with gender diverse executive teams are 25% more likely to see above average profitability, and those with ethnically diverse teams are 36% more likely, the business case is strong to make and maintain these investments, even during downturns. It’s a classic case of ‘you have to spend money to make money,’ and this is clearly an investment that’s well worth making. From recruiting and retaining the best talent, to fostering a strong company culture, to maximizing employee productivity, diversity, equity, and inclusion work can pay off in spades, but you have to put in the effort first.

Writing a compelling diversity, equity, and inclusion statement for your company can seem daunting, but it’s certainly achievable, especially with the tips included in this post. When you’re ready to start putting your statement into action, give us a shout at hello@workrowd.com. We’ve got tools and templates to help you make the most of your efforts, and lessons learned at other companies we can share to help you supercharge your progress. If you’d prefer to be connected with other companies directly in a community dedicated specifically to DEI and employee resource groups, we encourage you to drop by the Global ERG Network website and take a look around. We’ve got best practice resources, monthly live events, 24/7 networking and knowledge sharing, and much more, some of which is free to the public, so check it out today!

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Employee Engagement

5 engagement drivers crucial to business success in 2021

If there’s one thing we can all agree on about the COVID-19 crisis, it’s that it irrevocably changed the world of work. By digitalizing so many aspects of the workday virtually overnight, the pandemic also transformed employees’ needs and expectations. Pile on to this the amount of stress, grief, and trauma everyone has suffered over the past 12+ months, and we’re staring down a vastly different talent landscape than at this time last year. As the economy begins to rebound, employers will have to rise to the occasion and transform the way they drive engagement in order to attract and retain the best talent.

While there continue to be a multitude of different engagement drivers that impact the employee experience, there are a few key elements that are newly crucial in 2021. If you want to ensure that you’re meeting employee needs regardless of whether your team members are returning to the office, remaining remote, or doing a mix of both, you have to be prepared to address new concerns in the aftermath of the pandemic. Read on to learn more about engagement drivers and what you can do to ensure your team members remain engaged now and into the future.

What are engagement drivers and why are they so important

Engagement drivers are the key aspects of your workplace that make employees love working there. These can range from physical elements including having a comfortable workspace, to emotional elements including feeling respected and valued, to technological elements including having the tools and access needed to succeed. Engagement drivers, or the lack thereof, form a big part of why employees choose to stay with their organization year after year, or why they decide to move on to another employer. At their best, they provide a strong framework for a positive employee experience. At their worst though, they’re superficial incentives that are misaligned with employees’ actual wants and needs, draining both the business and team members alike.

For many years pre-pandemic, companies invested in fun perks such as gaming tables in the office, free food and drinks, and parties, believing that they were central to employee engagement. Unfortunately, if you subscribe to Maslow’s hierarchy of needs, you’ll find that these efforts barely scratch the surface of what actually motivates people. With so much emphasis on ineffective engagement drivers, it’s no surprise that employee engagement levels failed to exceed 35% at any point in the years leading up to 2020. When employers started actually paying attention to employees’ health and safety, need for remote work options, and more at the beginning of the pandemic, engagement shot up to 40% for the first time ever, only to drop back down to where it had been as companies began to shift focus back away from employee support and wellbeing. If your company wants to reap the far-reaching benefits of an engaged workforce across retention, productivity, and more, it’s important to invest in engagement drivers that actually make a difference.

What engagement drivers matter most to employees in 2021

With so much upheaval over the past year, employees’ approach to work and life has changed. People have changed. The world has changed. Accordingly, employers would be extremely shortsighted to not similarly change their approach to engagement. Here are the top broad areas companies should be targeting this year to ensure they’re investing in effective engagement drivers, rather than superficial and/or outdated ones:

  1. Autonomy and flexibility. Employees want to feel trusted and empowered by their employer, not monitored and micromanaged. Much has been written about the negative effects of surveilling employees, including its impact on engagement. Employers that assume their employees will slack off without the oversight provided by an office environment demonstrate that they would rather invest in tools to make their employees more robot-like, rather than investing in actual human beings. Similarly, employees have other things going on in their lives beyond just work. They want to know that they can live their lives in addition to and alongside being high-performing team members, which means they’ll be considerably more engaged if you provide them the flexibility to work where, when, and how is best for them. Focus on making the workplace fit the employee, rather than the other way around.
  2. Digitalization and accessibility. Orient your systems and processes around usability and ease of access, and watch your engagement numbers skyrocket. Employees want to be empowered to do their best work, and then be able to disconnect and enjoy their non-work time. They don’t want to be aggravated by a tangle of systems or constantly struggling to find the information they need. After the whirlwind of the past year, it may be time to step back and take a holistic look at your technology and collaboration ecosystem and ensure that it’s optimized to provide employees a positive experience. Do you have 4 different instant messaging apps employees have to check on an ongoing basis in addition to their email? This may be contributing to disengagement as stress compounds with each message that arrives.
  3. Equity and inclusion. In addition to the pandemic, the past year has seen a reckoning with diversity and inclusion on a scale that hasn’t been reached in decades. Today, three out of four jobseekers say that the diversity of a potential employer’s workforce is important to them when evaluating opportunities. It has been an emotionally exhausting year, even more so for folx from underrepresented backgrounds whose communities continue to bear the brunt of the dual epidemics of COVID-19 and institutional racism and violence. Employees don’t want to come to work and see and experience exclusion and microaggressions. They want to work for employers whose values align with their own. Investing in making your employees feel heard, welcomed, and valued is a crucial, and too often overlooked engagement driver.
  4. Connection and wellbeing. The past year has also brought the fragility of good health into stark relief. Watching young, healthy, able-bodied people succumb to the coronavirus in a matter of days has reminded us all that our health is not something to be taken for granted. Neither is the company of good friends and colleagues. Offering usable wellness benefits, making time and space for bonding with coworkers, and other efforts that promote connection and wellbeing will go a long way towards ensuring your employees want to work their hardest for your company.
  5. Rewards and recognition. Last but certainly not least, employees want to be acknowledged for the value they bring to the organization. Let them know you appreciate them through shout-outs, bonuses, and other incentives and you’ll be paid back in increasing engagement levels. Employees are working more hours than ever, all while juggling myriad personal responsibilities and challenges, so don’t let their work go unrecognized. Make sure that managers are acknowledging their team members for jobs well done, and if you can spare the cost of a gift card here and there, remember that that could make a big difference for an employee who may have experienced changes in household income or who just needs a pick-me-up. Recognition, when delivered in ways that matter to the individual employee, is a critical engagement driver that should be a key part of every company’s strategy.

Identifying engagement drivers and effectively targeting them has been an ongoing struggle for many employers. We can make 2021 the year that changes. By following the tips above and incorporating the right systems and tools, you can hone in on the most important engagement drivers for your workforce, and significantly improve your employee experience. If you’re considering bringing in software tools to assist you in this process, we encourage you to check out Workrowd, the all-in-one platform for managing employee engagement and company culture across both on-site and remote workers. As you’re researching, don’t forget to check out the Global ERG Network as well, and feel free to reach out to us at any time to learn more or just to chat at hello@workrowd.com.

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Company Culture

How the culture of a company spurs the employee experience

As the U.S. begins to discuss reopening offices, it’s time to take stock of how your company culture has fared over the course of the pandemic so far. The culture of a company sets the tone for virtually everything that occurs both inside the organization with the employee experience, and outside the company with customer and employer brands. From the way that employees treat each other to the level of customer care that’s provided, company culture can be a make or break issue.

If your company wasn’t quite where it wanted to be on the culture front before and/or during the pandemic, returning to the office offers an exciting opportunity to reimagine how you approach culture building. The culture of a company is not something that can simply be decreed from the top down; your culture stems from your values, which need to be practiced every day, in every interaction. We know this may sound daunting, which is why we’ve assembled some quick tips to help you make the most of this moment to transform the culture of your company into one that everyone loves.

What is company culture and how does it impact business outcomes

The culture of a company powers a number of significant business outcomes including recruitment and retention, engagement, and productivity. Since company culture impacts employees’ experiences every single day, it’s absolutely crucial that organizations dedicate sufficient attention towards ensuring that it thrives. Ultimately though, unlike sales or marketing, it can be difficult to know just how to build a positive and productive company culture, or even what comprises it.

Company culture starts with your organization’s values. What do you, as an organization, believe in and why? Now that we’re entering a new phase of the pandemic, it may be time to reassess your values and determine whether they’re still aligned with how your company operates. For instance, if your organization has historically placed a high value on face-time, but you’re going to be transitioning to a hybrid model of working, it might be time to shift how you’re communicating that.

Similarly, your interaction norms should stem directly from your company values, and provide a structure for how employees should treat one another. As an example, one of your company’s values may relate to respect. As part of this, your interaction norms should place respect on the highest pillar, and encourage everyone to treat all others with dignity regardless of their role, background, or any other factor. 

Beyond values and interaction norms, the culture of a company stems from a wide variety of different components related to how employees and customers are treated including benefits and perks, team structures, learning and promotion opportunities, client support, and more. Due to the fact that it intertwines through so many different elements, approximately half of job seekers list company culture as being very important when considering potential employers, and nearly 90% say it’s at least somewhat important. Perhaps more worrisome is the fact that nearly half of job seekers also noted that company culture was the reason they were looking to leave their current employer. Employees who are unhappy with their company’s culture are 24% more likely to quit. Perhaps that’s why more than 90% of managers say that a candidate’s alignment with the culture of the company is more important that their skills or experience.

How you can leverage company culture to supercharge your employee experience

Based on the data above, it’s unsurprising that 88% of employees and 94% of executives believe that a strong company culture is key to business success. Accordingly, how can you take advantage of this crucial moment to elevate your company’s culture and ensure a world-class employee experience? We’ve collected some quick tips below, but as noted above, it really comes down to how you treat your employees. At this point in the COVID-19 crisis, people want to know they have job security, to feel like they have the autonomy to get their work done on their own terms, and to know they have the ability to take care of themselves and their families, financially, health-wise, time-wise, and beyond.

Ensuring you’re supporting employees from the organizational level, and training and equipping managers to support their teams at the individual level, is a guaranteed way to start your culture revamp on the right foot. From that point, the following strategies can also help enhance the culture of a company:

  • Communicate clearly and consistently. Transparency and consistency in all your communications provides a strong foundation for your company culture. Employees who don’t have to worry about what something meant or what they’re not being told are inherently happier and more productive by virtue of having these distractions eliminated. By ensuring everyone feels included and in the loop around what’s happening with the company, you’ll foster more openness and collaboration between employees, and more loyalty to your organization as well because team members know they’re valued.
  • Prioritize deeper needs over superficial perks. Among the mainstays of the old approaches to company culture and employee engagement are superficial office perks such as foosball tables and free beer. While these were never particularly effective to begin with, the rise of remote working combined with the level of burnout brought on by the pandemic has rendered them wholly obsolete. Employees want to know that their companies see them as whole people with needs both in and outside of the office, so things like expanding your paid family leave policy, offering coverage for more mental health services, and mandating time off for team members to recharge will do a lot more for your culture than keeping the communal trail mix well stocked.
  • Double down on diversity, equity, and inclusion. Nothing is more toxic to the culture of a company than enabling exclusion and microaggressions to flourish unchecked. The overwhelming majority of people are part of an underrepresented group in some aspect of their life whether it’s their gender, race, sexual orientation, caregiving role, veteran status, etc. This means that when you create or allow environments that are unwelcoming for some people, you’re making the overall culture unwelcoming for many knowing that they too might be made to feel less than simply for their background or circumstances. Make sure you’ve got an effective, long-term diversity, equity, and inclusion strategy in place, and infuse this work throughout all areas of your company’s operations.

Your company culture essentially dictates whether the employee experience will be positive or negative. While it’s important to streamline systems and processes and otherwise make employees’ day-to-day easier, if the culture of a company is poor, employees will inevitably have a poor experience working there. If you’re looking for ways to improve your company’s culture at this crucial time as more and more people are getting vaccinated, consider checking out Workrowd’s platform. We offer an all-in-one solution for managing employee engagement and company culture across both on-site and remote workers. You’ll gain access to a central hub for all your employee initiatives, best practice resources to support employee culture leaders, analytics, and much more.

If you’re specifically looking to ramp up your diversity, equity, and inclusion efforts, Workrowd also powers the Global ERG Network. We’re working to build a comprehensive ecosystem to support company culture and employee engagement in order to meet the needs of today’s organizations. Drop us a note at hello@workrowd.com if you’d like to be part of the movement.

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Diversity, Equity, Inclusion, & Belonging

5 tips to maximize the impact of employee affinity groups

Employee affinity groups may just be the most underrated element in your company’s employee engagement toolbox. Are you ready to change that? If so, you’ve come to the right place. Employee affinity groups can serve a multitude of purposes, and especially now during a time of such rapid and stressful change, they can help ensure that your efforts to support employees remain agile and responsive.

Employee affinity groups are collectives of colleagues organized around commonalities including interests, backgrounds, field, and demographics. Affinity groups can be focused on a range of topics such as diversity, equity, and inclusion (in this case they’re often called employee/business resource groups), social impact, career development, and wellness. Even if your company hasn’t formalized any official groups, there may be grassroots efforts that are active within your organization. If you’re interested in leveraging them to supercharge company culture and employee engagement this year, read on to learn our five top tips for maximizing the impact of employee affinity groups.

How affinity groups meet crucial needs and what that means for your business

Aristotle first noted that ‘humans are social animals,’ and the statement is no less true today than when it originated. Even among introverts, having positive social interactions and a reliable support system of relationships is critical for wellbeing. In fact, one study found that feeling lonely and socially isolated is as detrimental to a person’s health as smoking an entire pack of cigarettes per day. This need translates to the workplace as well. The average person will spend 90,000 hours of their lives working; that’s a full third of their time on Earth. With nearly 4,000 days of heavy smoking – over a full decade – at stake, do your employees and your business a favor by taking steps to encourage productive connections between team members.

On that note, the evidence is clear that building strong relationships between your employees can be a boon to your bottom line. Studies have shown that workers who lack colleague friendships are significantly more likely to be disengaged and to wind up leaving the company. Another study found that 70% of employees believe that having friends at work is the single biggest contributor to a happy work life. More than half of the respondents also reported that they would decline a higher-paying job opportunity if it meant they wouldn’t get along with their colleagues, presenting a challenge to companies looking to attract and retain top talent. Poor colleague relationships and exclusion in general contribute to lower productivity and a negative company culture, both of which result in reduced business success. Luckily, employee affinity groups can counter all of this.

Top tips for ensuring your affinity groups drive positive business outcomes

At their worst, employee affinity groups exist as social organizations that may ramp up or down in activity based on who is leading them at any given time. We use the term ‘worst’ here very lightly, as even social groups can have significant positive impacts on employee morale and wellbeing. At their best however, affinity groups provide crucial support, especially for employees from underrepresented backgrounds, drive business outcomes, and enhance employer brands. The tips below will help you ensure your groups fall in the latter category, rather than being purely social.

  1. Listen to employees. In order for employee affinity groups to reach their full potential, employers must follow workers’ lead. Determining what groups will be offered through a top-down process without employee buy-in will hinder your program from the very start. When initiatives are launched at employees rather than with them, things wind up feeling forced and inauthentic. Consulting employees from day one on the other hand, ensures employee investment from the very beginning, enabling you to build successful programs grounded in a strong base of employee support and participation.
  2. Provide formal support. Once you’ve empowered your employees to determine what affinity groups should be created and who will run them, it’s time to put your money where your mouth is. Support doesn’t have to come in the form of a large amount of money, or even be monetary at all though; just ensure that your employees have the tools and autonomy to accomplish their objectives. Ideally, give each leader a budget and an executive sponsor, equip them with group management and marketing tools, and ensure every employee knows that active participation is both allowed and encouraged.
  3. Integrate them into business efforts. Employee affinity groups have helped companies move into new markets, launch new lines, and ensure that their products and services are inclusive for all desired customer segments. If you don’t give your groups a seat at the table, you’re missing out on a wealth of input and ingenuity. Ensure you keep your various affinity groups in mind when mapping out strategies, and don’t hesitate to consult them where relevant. This will also make them feel recognized and valued, leading to increased employee engagement and productivity.
  4. Champion their accomplishments. Building on the recognition piece mentioned in the previous bullet, don’t let your affinity groups go unappreciated. Not only does this demotivate group leaders and members, but it prevents you from reaping the full extent of the employer branding benefits these groups can confer. Advertise your groups on your website, share their work internally, and don’t forget to tell potential recruits about them. Give your groups the attention and acknowledgement they deserve, and you’ll be rewarded in kind.
  5. Connect them to a wider ecosystem. Leading employee affinity groups can be tiring. There’s member recruitment and retention, initiative planning and management, marketing and communications, and more to think about, and that’s all work that often goes uncompensated on top of an employee’s core job responsibilities. Unsurprisingly, there’s a high degree of burnout associated with running an affinity group. Accordingly, it can help to connect both leaders and members to internal and external resources to help them succeed without running themselves ragged. Provide access to internal tools that can make the job of member management, promotion, etc. easier, along with outside resources like the Global ERG Network to further support them.

Employee affinity groups are critical tools in your employee engagement, company culture, and diversity and inclusion arsenals; don’t underestimate their value. If you’d like to learn more or explore opportunities to better support or expand your affinity group program, drop us a line at hello@workrowd.com. Our all-in-one platform for supporting employee affinity groups is simple to implement, and offers a wealth of tools and resources to help you drive impact.

Categories
Hybrid/Remote

Employee engagement strategies for hybrid offices

Employee engagement has been a chronic issue in the talent world, and the challenge has only intensified now that many employees are working remotely. For at least two decades now, the percentage of employees who are considered engaged in their jobs has hovered around the 30% mark. At various points, this metric has budged a few points above or below, but in general it has remained largely unchanged despite extensive efforts and myriad employee engagement strategies designed to increase it.

During the pandemic, we finally saw some degree of movement as employers stepped up at the outset, driving engagement to a new high of 38%. As the racial injustice protests swelled, engagement dropped back down to 31%, only to rise again to a record peak of 40% in late June to mid-July 2020. Unfortunately, by September, it had dropped back down to just slightly above normal levels at 35%. Clearly traditional employee engagement strategies are only effective with a small subset of workers, but when employers make a concerted effort as they did in the early COVID-19 days, they can move the needle considerably. With many workforces transitioning to a hybrid model, it’s high time for some new approaches.

Why the new world of hybrid work requires a revamped approach to engagement

Employees’ expectations have shifted after more than a year of pandemic living. We’ve all been changed by this experience, and with new and different responsibilities on their plates, employees’ priorities have changed as well. That doesn’t mean that employee engagement can take a backseat though. Disengaged employees cost U.S. employers between $450 and $550 billion each year. Highly engaged teams show 21% greater profitability with 41% lower absenteeism and 59% less turnover. Businesses truly can’t afford to deprioritize employee engagement strategies.

Furthermore, the majority of employees want some say in where they work, meaning that for employers looking to attract and retain top talent, remote work in one form or another is here to stay. Deloitte found that 94% of the US professionals they interviewed believed they would benefit from having the option to work from home at least part of the time. Moreover, nearly one-third of employees say they would go so far as to quit their job if they weren’t allowed to continue working remotely. With just one in ten companies planning to require all employees to return to the office, the ascent of hybrid and fully remote workforces is assured. Accordingly, employers need to redesign their employee engagement strategies to accommodate this shift as soon as possible.

3 keys to building a hybrid workforce engagement strategy that drives impact

Employee engagement is a tricky issue, as evidenced by its immovability over the preceding twenty years. Adding to the challenge is the fact that not all employee engagement strategies will apply to all companies. In efforts to make this post as helpful as possible across different industries and situations, we’ve selected our top tips for ensuring you can keep employees engaged and productive no matter where they work:

  1. Prioritize transparency and accessibility
  • Provide all team members visibility into the full slate of employee programming you offer. Keeping everything within one system will promote inclusion by ensuring people don’t miss out on the initiatives that are relevant to them.

E.g. flyers in the lunchroom may have previously been a straightforward way to advertise an event, but now everything needs to be easily available via digital outlets.

  • Deliver your programming through multiple channels to ensure equitable access. To the extent possible, all initiatives should be available to all employees, regardless of where they work. Consider making as many events as possible fully digital, in order to level the playing field between on-site and remote employees.

E.g. if you’re running an in-person event, make sure that there is also an option to dial-in to any presentation, and provide breakout rooms for folks who can’t attend in person to still get the benefits of interacting with colleagues.

  1. Empower employees to lead
  • Your employees know what they need to feel happy and engaged, so make sure you’re asking them early and often, and truly listening to what they say. This will pay off doubly in the engagement department, as your programming will be targeted directly to employee needs, and team members will feel heard and acknowledged.

E.g. conducting quarterly surveys to solicit employee input and identify gaps and/or opportunities for improvement in your programming will help ensure your efforts deliver results.

  • Collecting employee feedback is a great first step, but there’s also an opportunity to let workers take the reins. Empowering employees to launch efforts that are important to them, from volunteering, to employee resource groups, to sports leagues and beyond, takes the burden off of People teams and shows your workers you trust and value them.

E.g. setting up a process for employees to apply to start an employee group or hold an event makes it easy to offer even more engaging programming with minimal additional overhead.

  1. Ground your efforts in data
  • We know that what gets measured gets managed, so why would you invest in employee engagement efforts without tracking outcomes? Make sure that you’re surveying employees after events and initiatives to see what they thought and how you can do better in the future, in addition to tracking interest and participation levels.

E.g. schedule short employee surveys to go out at the time events and trainings are set to end to collect just0in-time feedback.

  • As we mentioned at the beginning of this section, there are a lot of factors that influence employee engagement, so it’s important to set up holistic tracking mechanisms that acknowledge intersectionality and capture a more complete picture. Understanding who is participating in what and how active they are, as well as measuring things like belonging and employee Net Promoter Score over time can help you see what’s going well and what needs some extra attention.

E.g. creating dashboards to track various metrics across the membership in different groups or programs can help you understand what you should be doing more of and/or who might be struggling.

If you’re looking for employee engagement strategies to drive impact for a hybrid workforce, we encourage you to check out our new infographic with stats and programming suggestions to help guide your planning. Some of the information in this post is included there as well so you can have one-stop shopping. On that note, if you want your employees to have one-stop access to all of your employee engagement and company culture initiatives to ensure transparency and access across a variety of locations, check out Workrowd’s platform. We make it easy to keep all your team members connected and thriving through our innovative platform oriented around employee communities. Visit us at workrowd.com or drop us a line at hello@workrowd.com.

Categories
Diversity, Equity, Inclusion, & Belonging

Global ERG Network–HQ for employee resource groups

It’s been a while since we posted an update about the Global ERG Network here, and with a jam-packed new cohort launching soon, we figured it was probably time to change that. For those of you who are new to the Workrowd world, the Global ERG Network is a cross-company community of diversity, equity, and inclusion champions working to drive measurable change within their organizations. Oriented around employee-led collectives including employee resource groups, business resource groups, diversity councils, and sub-committees, the Global ERG Network, or GEN as we call it, provides 24/7 networking and knowledge sharing with peers alongside best practice templates and toolkits, monthly educational events, and much more.

We’ve got our largest group of new members yet coming onboard in just a few weeks so there’s still time to get involved. While we do have the option for new members to sign up at any time, joining this new cohort will mean you and your resource group and council members can hit the ground running with all of the onboarding activities we have in store. You’ll be in good company with fellow members including Philip Morris International, Experian, and more. If you don’t want to get left behind on diversity, equity, and inclusion this year, read on to learn more about this growing movement and check out the tips we’ve included at the end to supercharge your resource groups regardless of whether you decide to join GEN.

Why outside support for employee resource groups is so important

The superheroes who lead and support resource groups and councils typically do so on a volunteer basis on top of their primary job responsibilities. They toil off-hours, on nights and weekends, rushing to squeeze prep work in between back-to-back meetings, and generally put in a lot of time that goes unacknowledged by the company. This of course presents a number of issues, including being overlooked for promotions due to having commitments external to their role, and being at significantly higher risk of burnout. Through our conversations with DEI champions across the globe, we’ve learned that the average tenure for resource group and council leaders is just 1-2 years.

Add on top of this the fact that underrepresented employees are already saddled with an additional ‘emotional tax’ in the workplace, and it’s easy to understand why providing support for resource group leaders should be top of mind. A Bloomberg article from last month defines this ‘tax’ as “the heightened experience of being treated differently from peers due to race/ethnicity or gender, triggering adverse effects on health and feelings of isolation and making it difficult to thrive at work.” A Catalyst survey found that 3 out of 5 men and women of color have experienced this burden. Black employees and employees with multiple intersecting identities are especially at risk of suffering from this emotional tax. Combining the increased workload mentioned above with the emotional tax, othering, microaggressions, and general bias that employees from underrepresented backgrounds experience makes the need for the Global ERG Network all the more urgent.

How the Global ERG Network is helping companies better support resource groups

Knowing the toll that running an employee resource group or similar effort takes on employees, we knew we wanted to do something to help. We had a number of companies ask us for help in starting employee resource groups early on in Workrowd’s history, and since we didn’t have the expertise for that we set out to find people who did. In the course of our search, we found an organization similarly looking to help companies supercharge their resource groups. We decided to team up, with Workrowd covering the technology side, and our partner bringing their diversity, equity, and inclusion expertise. Together, we launched the Global ERG Network earlier this year.

Based on our market research with DEI leaders, resource group leaders and members, HR professionals, executives, and other stakeholders, we’ve equipped the Global ERG Network with the following features:

  1. Best practice templates and toolkits. Today, most resource group and council leaders are effectively stuck reinventing the wheel when they want to do something. They have to search around on the web for activity ideas, recreate documents that their predecessors made but may not have saved properly, and try to stay up on language and law changes as well. They have to do all of this in a very limited timeframe as we explained above, so it only made sense to build a central repository of resources for them to refer to and draw upon.
  2. Monthly webinars and activities. GEN is not just for group and council leaders, though; it’s for everyone involved in employee resource groups in their various forms. Accordingly, we’ve got monthly webinars and activities to keep all members engaged and learning. Spanning career development, DEI and ERG-specific topics, and more, these sessions are designed to provide additional, specialized support for employees from underrepresented backgrounds that they may not be receiving through their companies.
  3. 24/7 networking and knowledge sharing. The experience of being in a minority group in your workplace can be a draining and isolating one. This is especially true when you’re dealing with a problem and you’re not sure any of your coworkers will understand. Luckily, GEN is here to help on that front as well, connecting individuals across companies so that at any time, members can pose questions to the collective brain trust. Particularly after a year that was so challenging in so many ways, having access to a focused community of peers can be a big help.
  4. Analytics dashboards for administrators. For some reason, there’s still debate over whether investing in DEI delivers value to the business. Anyone involved with resource groups and councils is hopefully well beyond the point of asking that question, but as long as there are doubters, DEI leaders will be asked to demonstrate the ROI of their work. For those situations, we give you on-demand analytics dashboards that show members’ usage alongside metrics like engagement and employee Net Promoter Score. Want a clear-cut investment that will show you the value being delivered? GEN’s your buy.
  5. On-call support. If we have learned anything from the box-ticking efforts of the preceding decades, it’s that a one-size-fits-all approach to DEI doesn’t work. While we are doing our best to build up a flexible repository of materials to support a wide variety of organizations and situations, we know that there will inevitably be things we didn’t cover. For those instances, we have easily locatable request buttons for users to let us know what resources they need and events they would like to see. This makes GEN akin to a concierge service for your ERGs, BRGs, diversity councils, and sub-committees, and ensures that the value of the community continues to increase and evolve well into the future.

GEN is a dynamic, first-of-its-kind community dedicated to helping every company move forward on diversity, equity, and inclusion faster by connecting internal DEI champions to a vast ecosystem of resources and support. New companies are reaching out to join every week, so if you want to establish your organization as a DEI leader and ensure your employees from underrepresented backgrounds have what they need to succeed, there’s no time to waste. Visit us at globalergnet.com, or reach out directly to info@globalergnet.com to learn more today.

Categories
Hybrid/Remote

Drive informal communication among remote employees

With a shred of light beginning to show at the end of the COVID tunnel, many companies are concerned about how they will manage company culture not just for employees who will be returning to the office, but also for those who will remain at home. Company culture is impacted by a lot of different factors, and it incorporates many components across the continuum of the employee experience. While chat applications, video calls, and virtual events can all help to keep employees connected even while they’re distanced, those moments of informal communication or ‘water cooler conversations’ are often what team members miss the most.

Over the past several years, there’s been a significant shift towards aiming to deliver more and more elements of the employee experience ‘in the flow of work’. Josh Bersin coined the term in 2018 when he wrote about “Learning in the Flow of Work”. Streamlining the employee experience is undoubtedly important, but it doesn’t always provide space for the informal communication that is so crucial to driving employee happiness and belonging. As this is the first time many companies are dealing with remote and/or hybrid working on a wide scale, we’ve assembled some tips for enabling informal communication and connection for all employees, no matter where they’re based.

The crucial role that informal communication plays in company culture

Boston Consulting Group conducted a survey of 12,000 professionals across the U.S., Germany, and India last summer seeking to understand some of the early impacts of the COVID-19 pandemic on employees. They found that respondents missed “being able to spontaneously walk to a coworker’s desk and discuss an issue” as well as “social gatherings at work”. In other words, they missed moments of informal communication. Interestingly, their level of satisfaction with their social connectedness with coworkers was highly correlated with their productivity when compared to before the COVID-driven transition to remote work. Employees who were satisfied with their social connectivity were 2-3 times more likely to report being as or more productive than before the switch to working from home.

In addition, both physical and mental health have suffered during the pandemic. Chatting with friends is scientifically proven to increase happiness, self-confidence, and self-worth, as well as reduce stress. It also helps to build resilience, belonging, and purpose. Employees can benefit from these improvements at all times, but especially now, when there is so much on everyone’s minds. Informal communication provides employees an opportunity to share their struggles and feel supported by a community of colleagues, without feeling that their comments may have an adverse effect on their career prospects.

How to foster informal communication for remote and flex work employees

In addition to the benefits listed above, opportunities for informal communication at work provide important time for cross-departmental relationship building, as well as the chance for junior employees to interact with and get to know more senior colleagues. It’s a crucial dynamic that makes employees feel more at home in and tied to your company, driving business outcomes like retention. Now that we’ve laid out all the reasons you need to cultivate moments of informality for all your employees, no matter where they work, let’s explore some strategies for doing so:

  1. Coffee chats. Connecting employees for one-on-one or small group sessions where the goal is simply to chat and get to know each other can help set an expectation that it’s okay to engage socially. New and/or remote employees are particularly at risk of feeling that they have to be always on and can’t risk chatting or they’ll be presumed to be slacking off while they’re not physically at a desk in an office. Scheduling chats like these will also help to build stronger relationships across departments and teams, making the whole organization more cohesive and productive.
  2. Drop-in rooms. Consider hosting a 24/7 conference room for which all employees are given credentials. The goal is to effectively provide a virtual water cooler space that employees can drop into to just take a breather. Historically, if employees had just finished a task or needed to step away from what they were working on for a moment, they could go to the kitchen or water cooler, and maybe encounter some colleagues along the way for a quick chat. Invite employees to treat the drop-in room in a similar fashion. While they will have to walk to their home kitchen to grab a drink first, they should feel free to bring it with them to the digital drop-in and enjoy it there with whomever else is in at the time.
  3. Dedicated culture spaces. Many organizations have culture channels and groups all mixed in with their other virtual workspaces. While this violates the ‘in the flow of work’ goal, we would argue that it’s actually better to separate out your culture and engagement initiatives into a separate space. The goal here is to have a dedicated place where employees can engage with all the things they love about the company and their colleagues, without it being surrounded by all of the things they’re stressed about. Part of the beauty of water cooler moments is that they give employees a chance to step away from the onslaught of responsibilities. Additionally, this enhances transparency and access to these initiatives across the organization.

Creating opportunities for informal communication is critical for organizations looking to maintain and build upon company culture for all employees. While this may be a bit more difficult when it comes to team members who are remote either all or part of the time, there are still plenty of strategies you can undertake to include them. We’ve listed a few above, but consider surveying or gathering some of your employees to ask them what approaches would most appeal to them/be most effective.

If the idea of a dedicated digital culture space appeals to you, we encourage you to check out Workrowd’s platform. We centralize all of your engagement and culture initiatives in one place, making it easy for every employee to get involved in the programming that most interests them from day one. You can find us online, or email us directly at hello@workrowd.com.

Categories
Diversity, Equity, Inclusion, & Belonging

DEI Budget 101: 4 tips for making the most of your funds

As the George Floyd trial gets underway in the wake of the first anniversary of Breonna Taylor’s murder, it’s important that we take stock of how much progress we have and haven’t made since last summer’s widespread uprising against systemic racial injustice. While we saw marches and protests on an unprecedented scale, and more people than ever before took up the mandate to educate themselves about the history and continuing struggle with racism in the U.S., what has actually changed? One positive is that we saw more companies step up and take concrete strides to advance diversity, equity, and inclusion in their organizations, including creating or increasing their DEI budget.

While it is likely too soon to tell if and how this shift will impact the workforce, especially as organizations seek to emerge from remote working, prioritizing additional funds for DEI is a critical step in the right direction. Unfortunately, figuring out how to spend those precious dollars is far from straightforward. Our post from late last year on budgeting for diversity and inclusion in 2021 has seen consistently high traffic from those looking to make the most of their DEI budget. Seeing as that post is more of a high-level overview rather than a guide per se, we felt it was time to offer something a bit more concrete to support those looking to drive real impact on diversity, equity, and inclusion.

Why diversity, equity, and inclusion will be more important than ever post-COVID-19

Diversity, equity, and inclusion efforts and discussions have historically centered primarily around two issues: race and gender (and typically only cis). These are undoubtedly both very important. On the subject of gender, while women make up 48% of entry-level employees, just 38% of managers are female, and the gender gap only widens as you move further up the seniority scale. Moreover, 64% of women face microaggressions in the workplace, and they’re also twice as likely to be mistaken for someone in a junior position. On the race front, 42% of American workers say they have experienced or seen racism at work, which is 12% higher than the average when comparing France, the U.K., Germany, and the U.S. Furthermore, more than three-quarters of jobseekers now report that having a racially diverse workforce is important when evaluating potential employers and job opportunities.

Gender and race remain extremely important pieces of the diversity, equity, and inclusion equation. However, as we emerge from the pandemic, there are numerous other identities that should be incorporated into DEI efforts. Child and elderly caregivers have had an extremely difficult time during the pandemic and will need additional support to be able to bounce back and succeed in the workplace. Additionally, more people than ever live with a person with a disability, or now have a disability themselves after COVID-19 left many with chronic health issues. Last but certainly not least, those with mental health challenges, or who developed them for the first time during/as a result of the pandemic, will have special needs as well. All of these groups deserve to be factored into your DEI programming, as many of these roles and struggles are especially prevalent among people who are already marginalized due to race, gender, or both.

How to allocate your DEI budget to drive maximum impact

None of the information in the previous section should have come as a surprise to those tasked with managing a DEI budget. Regardless, it is important to ground this discussion in both the full breadth and depth of the issue, as well as the crucial importance of this task. We know that DEI budgets can vary wildly in size, so in efforts to make this list relevant to most readers, we’ve limited our recommendations to efforts that are applicable across a variety of circumstances:

  1. Invest in employee resource groups. We cannot stress this enough. If you can only put your DEI budget towards one initiative, it should be this. Employee resource groups should be the lifeblood of your DEI program, and can help you drastically increase the impact of your dollars. Employee resource groups are voluntary, employee-led collectives organized around identities or affinities (e.g. Veterans at Initech). Conduct a survey and organize focus groups to determine which group or groups you should start with, and identify your employee champions. Then invest in them. Give your employee leaders a budget to run events, trainings, etc., and watch your DEI program take off.
  2. Explore ongoing, behavior-based training options. One-off trainings don’t work as a way to sustain DEI impact over time. You can’t pay for an unconscious bias facilitator to come in and do a presentation once per year and expect your workforce to be transformed. In order to see progress, you need actionable DEI training delivered on an ongoing basis. There are a number of DEI services and tools currently on the market that deliver bite-sized lessons and nudges, so do a bit of research and see if any of them might be right for your organization.
  3. Make sure managers are on board. Our workplaces are a reflection of society at large, which means that systemic prejudice pervades our conference rooms just as much as our town squares. In many ways, managers can be the key or the curse when it comes to DEI. Requiring managers to undertake training above and beyond what the average worker receives will help guard against biased and toxic supervisors who, whether they mean to or not, create exclusive and at times outright hostile experiences and environments for employees from underrepresented groups. Investing in training and support to get managers up-to-speed on DEI and encouraging them to set a strong example will help to distribute the benefits of your funding across the entire organization.
  4. Transform your hiring & promotion practices. The average hiring and promotion processes are riddled with bias and other built-in issues that prevent people from marginalized communities from succeeding at stepping onto and climbing the corporate ladder. If you have additional funds left over after addressing the first three points on this list, consider investing in software to help you eliminate bias from the recruitment and interview process, hire an outside party to review your hiring and promotion practices, or even simply assemble an employee task force to highlight issues of equity and propose solutions. Striving for inclusive practices during the early touchpoints of the employee journey will provide a strong foundation for any other DEI efforts.

Determining how to allocate your DEI budget can be difficult, especially when we know there is so much work to be done on this front. Luckily, there are some proven strategies that can help you magnify the impact of your dollars, several of which we’ve listed above. If you’re wondering how to get started in pursuing these efforts, we hope you’ll check out Workrowd, as well as the Global ERG Network for some tips. We’re building the future of the employee experience grounded in diversity, equity, inclusion, and belonging, and we’d love to welcome you as a valued member of our knowledge-sharing community. Reach out to hello@workrowd.com if you’d like to connect and learn more.