Diversity, equity and inclusion (DEI) are issues often discussed in the context of hiring, promotions and salary, as these are areas where disparities between groups are often the most obvious. But just as representation and fair pay are crucial for building a more equitable company, the provision of benefits that meet the needs of a diverse workforce is another core DEI initiative that should be a focus of a company’s HR department.
It’s impossible for a one-size-fits-all benefits package to give your employees the support they need. While some employees will take advantage of more PTO (such as new parents), others might prefer to dedicate those resources toward a health savings account or a retirement fund. These generational differences are just one example of why companies that prioritize DEI should make their benefits packages as flexible as possible to account for the full range of their employees’ goals and concerns.
