An effective DEI strategy has to go beyond hiring if you want to retain diverse talent. Here are some strategies for extending best practice across the whole employee experience.
In the competitive tech industry, building a diverse engineering team extends beyond a feel-good initiative; it’s a strategic imperative. Diverse teams bring fresh perspectives, innovative ideas, and a wide range of skills. This improves decision-making, boosts creativity, and ultimately, strengthens the bottom line.
In an oft-cited 2019 McKinsey report, where the consultancy analyzed data from over 1,000 companies across 12 countries, researchers drew a statistically significant correlation between the ethnic and racial diversity of executive teams and financial performance.