7 benefits of gender diversity in the workplace

Gender diversity is important. Ensuring equal representation of women in the workplace can have positive effects all across your entire organization. Here are some of them.

CULTURE | 2 MINUTE READ
gender diversity in the workplace - Workplace from Facebook

Gender diversity in the workplace

It might feel as if women’s presence in the workplace is a given, but globally, despite making up 50% of the population, women generate just 37% of GDP.

So why is diversity and inclusion important in the workplace and how are organizations missing out if they don’t get the gender balance right? Read on to explore 7 reasons why gender diversity is good for business, or watch the video to discover how two CEOs are paving the way for female leaders and entrepreneurs.

Related

Discover the latest customer and partner updates in the Workplace Newsroom.

Learn More
  1. A wider talent pool

    A wider talent pool

    Companies that don’t encourage women to join them are missing out on the talents and abilities of half the population. Tapping into these can make a huge difference to your productivity and your bottom line.

  2. Different perspectives

    Different perspectives

    Having both women and men in your teams means you benefit from the different points of view and approaches that come from different life experiences.

    A multiplicity of perspectives can spark creativity and innovation, and help organizations spot and seize new opportunities. It can also encourage organizations to challenge gender stereotypes.

  3. Enhanced collaboration

    Enhanced collaboration

    Having women on teams can help improve team processes and boost group collaboration. Researchers have observed that women have stronger skills reading non-verbal cues.

    They also conclude that groups with more women were better at taking turns in conversation, which helps them make the most of the groups combined knowledge and skills.

    This will benefit groups both when they’re collaborating on projects face-to-face. And it will also help when employees use modern business communication tools that enable people to share ideas, start conversations and collect feedback.

  4. Improved staff retention

    Improved staff retention

    Having an inclusive culture in your workplace boosts morale and opportunity. Inclusive workplaces tend to have lower employee churn rates – which represents big savings in terms of time and money spent on recruitment.

  5. A better reflection of your customers

    A better reflection of your customers

    Customers come from all walks of life. The more the make-up of your organization reflects your customers the more likely it is you’ll communicate effectively with them.

    That means making sure your teams have a diversity of genders, as well as backgrounds and ethnicities. Women are hugely influential when it comes to making purchasing decisions – in 2018, women globally spent about 40 trillion US dollars. That’s a lot of buying power to connect with

  6. Improved recruitment and reputation

    Improved recruitment and reputation

    Having an inclusive workplace is a powerful recruiting tool. Female millennials look for employers with a strong record on diversity, according to research by PwC, with 85% saying it’s important to them.

    A reputation as an inclusive employer will also demonstrate your positive company values and that will enhance your reputation in the recruitment marketplace.

  7. Greater profitability

    Greater profitability

    Time and again, evidence supports the theory that gender diversity has a positive impact on the bottom line. According to McKinsey, the most gender-diverse companies are 21% more like to experience above-average profitability.

    And a report by MSCI shows that having women on the board of a company boosts productivity.

You may also be interested in:

Let's Stay Connected

Get the latest news and insights from the frontline of work.

By submitting this form, you agree to receive marketing-related electronic communications from Facebook, including news, events, updates and promotional emails. You may withdraw your consent and unsubscribe from such emails at any time. You also acknowledge that you have read and agree to the Workplace Privacy terms.

Was this article helpful?
Благодарим ви за обратната връзка!

Related

Discover the latest customer and partner updates in the Workplace Newsroom.

Learn More

Recent posts

Customer News | 4 minute read

Workplace is 5 years old!

To mark our birthday celebrations, we’re shining a candle on the future of work and five ways we’re helping shape it.

Culture | 8 minute read

Why is Diversity and Inclusion important?

What is Diversity and Inclusion, and why is it so important in the workplace? We explore how big companies are addressing these important issues and how you can, too.

Business communication | 9 minute read

Business communication explained.

Your business depends on the successful sharing of information — and so do your employees. Yet 66% of companies lack a long-term business communication plan. Why is this such a critical mistake? What are the most common communication challenges? And how can you avoid them?