The Importance of Inclusion and Diversity in the Workplace

Inclusion and diversity are a huge part of company culture. People are a massive part of that.

What qualities come to your mind when you think of an ideal workplace? Is the office spacious and comfortable? Does it have state of the art amenities like ping-pong and free lunches that employees can use? While these may be some things that pull a hire in, they won’t keep anyone at their job and are far from being the only ones.

Apart from good infrastructure, the people who populate the workplace play a large role in determining a company’s success. An ideal workspace needs to be both diverse and inclusive. 👏 Diversity and inclusion give rise to fresh ideas that energise the office and break the monotony of the job. But what exactly do these terms mean?

Inclusion and diversity 🤝

The concepts of inclusion and diversity, while similar, are far from interchangeable.

  • Diversity signifies the presence of a diverse group of people in the office. People from different creeds, genders, geographic and economic backgrounds populate a truly diverse office.
  • Inclusion measures how well the contributions of diverse groups of people are acknowledged and encouraged in the office. The presence of a diverse group of people in the workplace won’t be effective unless their voices are properly heard.

Diversity cannot be considered inclusive by default and vice-versa. Maintaining diversity and inclusion requires conscious efforts. Many countries around the world have laws that aim to protect workplace diversity. For example, UK laws (the 1990 alteration to the Sex Discrimination Act, if you’re looking to read more on it) suggest all transgender individuals are protected under the same equal pay laws that are applicable to women.

Benefits in the workplace

Inclusion and diversity are about more than just social consciousness. Of course, it is crucial to protect the social and financial well-being of marginalised communities, but that’s not the only purpose these concepts serve. Inclusive and diverse workplaces are also helpful because they lead to a significant rise in productivity and office morale.

Data shows that diverse workplaces find better solutions to problems. What could be the reason for this? We believe it’s the wide range of ideas that are born out of different upbringings and backgrounds. A diverse group of people bring in different world-views. 🌍 These people see problems from different cultural lenses and can come up with different solutions for them.

Apart from this, inclusion and diversity are also great for office morale. When people from diverse sections of society find representation, they feel heard. When an employee feels heard, they produce better results for the company. Diverse workplaces are known for fewer instances of employee burnout and below par productivity.

Conclusion

Workplace diversity is about more than just social or corporate consciousness. It is about employees feeling like the company actually cares and they are truly seen and heard. We believe that a diverse workspace is, in fact, the ideal workspace.

Workplace diversity can be actively encouraged in many ways. You can check your company’s by-laws for inclusion and diversity clauses and see if they are set according to competent standards. If not, it’s time to request a change!

One way to encourage diversity is through group insurance. Bequest offers its employees individual life insurance paid for up to a certain amount. Did you know that your workplace can do the same? 🤺 Everyone is unique and at different ages and stages in life, so why are people still doing group insurance? As a company, you can protect the team as a whole, but they pick the type, size and length of cover that’s right for them and their family. Isn’t that amazing?! 🥳 To find out more, please get in touch! alexa@bequest.com

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FF Bequest Limited, trading as Bequest, is authorised and regulated by the Financial Conduct Authority with firm reference number 923791. You can check our authorisation on the FCA Financial Services Register by visiting the following website: register.fca.org.uk . We are registered in England and Wales, Registered office address: Founders Factory, Northcliffe House, London, United Kingdom, W8 5EH. Company Number 12367897.

Regulated by the Information Commissioner's Office (ICO) [ZA662891]. “Bequest" is trademark protected by FF Bequest Limited (UK00003452648). FF Bequest Limited is registered in England and Wales, No 12367897.

0203 916 5433

FF Bequest Limited, trading as Bequest, is authorised and regulated by the Financial Conduct Authority with firm reference number 923791. You can check our authorisation on the FCA Financial Services Register by visiting the following website: register.fca.org.uk . We are registered in England and Wales, Registered office address: Founders Factory, Northcliffe House, London, United Kingdom, W8 5EH. Company Number 12367897.

Regulated by the Information Commissioner's Office (ICO) [ZA662891]. “Bequest" is trademark protected by FF Bequest Limited (UK00003452648). FF Bequest Limited is registered in England and Wales, No 12367897.

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