Now we're taking a deeper dive into the distinct characteristics that make each and every one of us unique from one another. Even different working styles can begin grating on the nerves of teammates. The modern workplace considers workplace diversity a crucial element of success and happiness in the office and are advocates for social improvements. Having a diverse workplace allows organizations to more effectively market, better serve and communicate to consumer groups from different cultures, races and religious backgrounds, which in turn may lead to increased sales and profits and access to a more diverse market. People coming from different work backgrounds come with unique skills set, mission, core values which vary by industry, location, employer. Because you have several different people coming from unique backgrounds, a diverse workplace environment will create more conflict over time. Diversity, equity, and inclusion go hand-in-hand, and to experience real organizational change, companies must build a truly inclusive work culture. Hence, companies with a diverse workforce tend to retain employees for longer. Diversity within the workplace has been strongly linked to employee retention as it indicates an environment of mutual respect. How To Build A Diverse and Equitable Workplace : Life Kit You might've heard the phrase "workplace diversity" in recent months. It has become more common to hear employers talk about valuing workplace diversity and inclusion. Why is diversity important in the workplace? Successful companies know the benefits of employing a diverse workforce. with a brief definition, list of diverse characteristics and a few quotes from companies on what diversity means in the workplace. Here are five major advantages to fostering a diverse workplace: 1. Expanded creativity and problem-solving Diverse workplaces employ people of different genders, ages, races, cultural backgrounds, languages, ideologies, sexual orientation, physical and mental abilities, and national origin. In the workplace, diversity means your staff consists of individuals who bring new perspectives and backgrounds to the table. Today’s Millennial generation prefers “cognitive diversity,” or the blending of different backgrounds, experiences and perspectives within a team. Skills Employees that feel supported and valued in their work environment are understandably happier and more satisfied with their workplace. In a previous article, we covered the basics of 'what is diversity?' To get workplace diversity and inclusion right, you need to build a culture where everyone feels valued and heard. Diversity refers to political beliefs, race, culture, sexual orientation, religion, class, and/or gender identity differences. 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