The importance of having diversity metrics

The importance of having diversity metrics
In order to be perceived as a global organization that believes in equal opportunities, organizations must proactively have metrics in place related to the composition of their workforce.

Inthe past few articles we have shared various elements of diversity ,as well as the importance of diversity audits. While our country does not make diversity a legal compliance area, in order to be perceived as a global organization that believes in equal opportunities, organizations must proactively have metrics in place related to the composition of their workforce. This kind of periodic
monitoring assists organizations in ensuring that close any glaring gaps which are leading to some kind of diversity imbalance at a particular location or business unit or management level. These metrics should also cover the board, since the diversity at the board levels is fast becoming a highly critical issue.

While on one hand tracking diversity metrics is important, comparing it against the diversity goals is also essential to track progress. Further to that, using the metrics, to come up with an action plan with clear timelines and goals, ensures that the organization has a committed approach to creating a diverse workforce.

Here are some important metrics that need...

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Simran Oberoi

is Associate Director, Human Capital Analytics at Aon India. She has close to two decades of experience, in HR Advisory, Knowledge Development and Research across areas such as Compensation & Rewards, Diversity & Inclusion, Leadership Development, HR and Tech, across India and Asia Pacific, with leading consulting firms. She has published over 200 articles. She is also a Visiting Faculty for Diversity and Inclusion in the Workplace in various management institutes.

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Author

Simran Oberoi

is Associate Director, Human Capital Analytics at Aon India. She has close to two decades of experience, in HR Advisory, Knowledge Development and Research across areas such as Compensation & Rewards, Diversity & Inclusion, Leadership Development, HR and Tech, across India and Asia Pacific, with leading consulting firms. She has published over 200 articles. She is also a Visiting Faculty for Diversity and Inclusion in the Workplace in various management institutes.

April 2024

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