The New Year offers the perfect moment of reflection for taking stock on your DEI strategy with fresh eyes to examine what is working in your organization and to amend what needs adjustment. Here are some forecasted trends for what you can integrate into your DEI framework in 2023.
Adopting the 4 Day Work Week – The 4 day week is a reduction in the work week from a standard 40 hours to 32 hours for the same pay and benefits. Although opting out of hustle culture sounds counterproductive to business, this re-envisioning and reducing of work hours has been proven to improve the well-being of employees and employers as well as their work output. This shift provides an opportunity for employees to level out their work-life balance and can be transformative for many struggling with mental health, chronic illnesses, and disabilities.
Tracking Your DEI Progress With Data – Developing measurable goals and collecting data on the progress of these targets is incredibly effective in bringing your DEI strategy to fruition. It’s also a step that many organizations try to bypass. One way to measure and show the evolution of your organization in the realm of DEI is to decide on what your Key Performance Indicators (KPIs) will be for metrics related to diversity in hiring practices, representation, retention, ERG participation, accessibility, and leadership. Another option for DEI data collection process is to develop surveys or utilize a confidential forum for employees to provide qualitative insights on demographics and what they need in the workplace. This provides key feedback on how to go about improving organizational diversity and inclusion.
