With DEIB at the core of your mission, you ensure that each team member has equal opportunities to do their best work and feels valued. Definition of Diversity, Equity, Inclusion, and Belonging (DEIB)ĭiversity, equity, inclusion, and belonging (DEIB) are four concepts that work together to boost team dynamics, productivity, and innovation within your organization. In this article, we’ll discuss what diversity, equity, inclusion, and belonging are, the importance of focusing your recruitment and retention strategies on these initiatives, and how to overcome the challenges. Our Findem research shows that 57% of talent leaders want to hire a more workforce as one of their top three priorities, but sourcing candidates is a challenge for 43% of leaders. The recruitment stage is where it starts. Furthermore, diversity, equity, inclusion, and belonging improves retention rates and breeds cutting-edge innovation. A Deloitte study found that diversity, equity, inclusion, and belonging (DEIB) offers a company a 46% increase in competitive advantage in the industry, 40% better and more accurate decision making, a 34% increase in financial performance, and many other benefits. The terms ‘equity’ and ‘belonging’ might be less familiar, but they’re just as critical in setting your company up for success. ![]() You’ve probably heard the terms ‘diversity’ and ‘inclusion’ a lot.
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