HR Outlook

Our Picks

LGBTQ+ Adults May Leave Employers Cutting DEI, Says Human Rights Campaign

A recent Human Rights Campaign (HRC) survey revealed that nearly 1 in 5 LGBTQ+ employees would consider quitting or looking for new jobs if their employer rolled back diversity, equity, and inclusion (DEI) programs. The survey, conducted among over 2,400 LGBTQ+ adults, found that 72% of respondents said they would feel less included or accepted in their workplace if such changes were made. This highlights the critical role DEI initiatives play in fostering a sense of belonging within organizations.

In addition to workplace sentiment, the survey also explored consumer behavior, revealing that 80% of respondents would boycott a company that reduced its DEI efforts. Many would also take active measures to encourage others to join them in these boycotts, including posting negative reviews and using social media to spread their message. This suggests that scaling back DEI programs can have serious implications not only for employee morale but also for a company’s reputation and customer base.

Over the summer months, several high-profile brands—including Lowe’s, John Deere, Ford, Harley Davidson, and Brown-Forman (the company behind Jack Daniel’s whiskey)—announced cuts to their DEI programs. The specifics of these rollbacks varied, but common trends included discontinuing policies that linked executive compensation to DEI-related goals and scaling back identity-based employee resource groups (ERGs) and DEI training programs.

Another major move from these companies was their decision to stop voluntarily participating in the HRC Foundation’s Corporate Equality Index (CEI), which scores businesses on their LGBTQ+ inclusion efforts. While participation in the index is typically voluntary, HRC still ranks all Fortune 500 companies, regardless of whether they actively engage with the CEI process. Companies that opt out of participation will still receive a score, but their rating is likely to be lower. According to Lauren Gray, HRC’s Senior VP of Communications and Brand, these lower scores could lead to significant workforce and financial consequences.

In conclusion, the rollback of DEI programs by major companies risks alienating not only employees but also consumers. With strong sentiment from the LGBTQ+ community against these reductions, companies may face challenges in maintaining a positive work environment and customer loyalty if they continue down this path.

Trending

Continue Reading

70% of Employers Prioritize Healthcare Cost Controlling Expenses

Employers grapple with rising healthcare costs while prioritizing employee well-being, a Willis Towers Watson (WTW) report notes. As 69% of U.S. employers focus on managing healthcare expenses, strategies to navigate this challenge are multifaceted. Courtney Stubblefield, WTW's Managing Director of Health and Benefits, emphasizes the complexity each employer faces in balancing costs and...

Survey Reveals Entry-Level Employees Seek Clarity on Leadership Vision

Planning the future of workplaces has HR pros and bigwigs scratching their heads, and a study by GE and Ipsos has unearthed a major hitch. Turns out, senior execs and fresh faces in the office aren't seeing eye to eye on how leadership is flaunted in companies. GE and Ipsos did the snooping,...

Over 50% of Older U.S. Workers Report Ageism Affects Their Job Prospects

A recent report from CWI Labs revealed that ageism...

Bank of America Raises Minimum Hourly Wage to $24

Bank of America is set to raise its minimum...

In-Demand Jobs: Top Careers to Watch

India is emerging as one of the fastest-growing economies...

Understanding the Gig Economy: Worker Rights and Legal Protections

Gig Economy is a free market system in which temporary...