Does workplace diversity actually improve productivity?
In the last few years, major multinationals such as Google, Apple, HP, and Facebook have evidently increased their efforts to strengthen diversity in the workplace. Enhancing diversity and inclusion is the highest priority for over a quarter of leaders, as organizations seek to improve workplace culture in a stringently competitive recruiting market. Given the scenario of the hiring industry at present, it’s no surprise that businesses, other than maintaining a positive workplace culture, are taking additional steps to ensure they remain attractive to not only potential employees but also aspirants belonging to institutes offering high-end specialized courses like post-graduate diploma in human resource management and diploma in financial management among others. The important question that strikes our mind is, does diversity impact business? It turns out, diversity does pay! Over the past two decades, as researchers have sought to measure the economic effects of workplace di...