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New Salary.com Survey Reveals Failure of Companies to Act on their Good Intentions to Bring Diversity, Equity & Inclusion to their Organizations

HR Tech Outlook | Tuesday, June 08, 2021

Many respondents stated that their organization wants their DE&I leader to have access to top leadership and financial resources but are not yet there. Furthermore, many believed they had little influence on the diversification of their Board of Directors.

FREMONT, CA: With the events of the previous year instilling a sense of urgency in Corporate America's efforts to achieve Diversity, Equity, and Inclusion (DE&I) within their businesses, Salary.com set out to track the progress being made in this crucial and challenging endeavor. A recent study of 1,442 human resource professionals in U.S. firms examined the discrepancies between corporate goals on Diversity, Equity, and Inclusion (DE&I) and current activities. The overall poll results show that people are eager to discuss these challenges and have excellent intentions for closing gaps in businesses of various sizes, industries, and geographies. Regardless of how the survey data was disaggregated, respondents' intentions outweighed their actions.

Many respondents stated that their organization wants their DE&I leader to have access to top leadership and financial resources but are not yet there. Furthermore, many believed they had little influence on the diversification of their Board of Directors.

Only 23 participants were certain that they were meeting their DE&I objectives. These 23 people account for less than 2 percent of the total number of participants. In addition, 23 other organizations stated that they were working together to make progress on their efforts. Alternatively, 37 respondents stated that they have no DE&I policies in place.

"As with other cultural and economic movements in our country's past, the concrete actions taken are lagging behind the good intentions of corporate leadership and HR teams," stated Chris Fusco, Senior Vice President of Compensation at Salary.com. "The positive takeaway from Salary.com's data is that good intentions lead to more action, so companies stand to make significant progress before the year is out."

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