Learn more about equity in the workplace
What is workplace equity?
Workplace equality means providing all employees with the same opportunities, resources, and level of support. While this may seem like the fair and right thing to do, equal distribution can exasperate disparities by advancing those who are already ahead.
Workplace equity, however, creates a truly fair and equal workplace by first recognizing that everyone has different circumstances, lived experiences, and needs. Equity, therefore, takes into consideration the needs of individuals and allocates resources and opportunities in a way that will even the playing field and ensure all employees can thrive.
The benefits of equity in the workplace
Beyond the clear moral case for supporting the careers of all women, workplace equity is increasingly in demand from candidates and consumers alike. Workplace equity is therefore a prioritiy for most organizations in 2022, both in terms of employer and overall company branding.
The business case for equity in the workplace is extremely strong. An equitable workplace allows for employees to thrive, which allows for businesses to thrive. It’s also an essential foundation for creating a diverse and inclusive workplace, which — as academic and industry research continues to prove — positively impacts the bottom line for businesses.
To find the facts and figures around achieving the benefits of a diverse, equitable, and inclusive workplace, take a look at our list of recommended reading and resources.
How to create equity in the workplace
There are many causes of inequity in the workplace, including sexim, ageism, ableism, and racism. Discrimination can be overt and intentional, or hidden deep within your company’s culture, structures, and systems. And for many, the workplace barriers increase as several different types of discrimination intersect and compound with one another.
Achieving workplace equity is complex and needs well embedded objectives at every leel of the organization. A great place to start is capturing and understanding the voice of your employees – particularly those from traditionally under-represented communities.