Step up with inclusive benefits
COVID-19 has demonstrated the need for better equity as minority groups have been disproportionately affected by the virus. We are urging employers to step up and create inclusive benefits as part of their diversity, equity and inclusion strategy.
Diversity, Equity and Inclusion (DEI) has become an imperative for every organization. Offering benefits that meet the needs of a diverse workforce is key to attracting and retaining the right talent.
Many traditional benefit plans assume a linear life pattern, where an “average” employee gets married, buys a home, builds a family, and retires. As such, health, risk protection and wellbeing benefits do not meet the reality of a diverse workforce.
Firms must adapt strategies and introduce benefits that support all employees, including people of color, women, LGBTQ+ individuals, veterans, immigrants, and people with disabilities.
Adapting strategies and introducing benefits that meet the needs and desires of all employees will ensure your diverse workforce thrives, at home and at work.
We’ve developed a four-step process to help guide you in developing an inclusive benefits strategy:
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Assess gaps
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Define minimum standards
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Create a long-term plan
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Challenge the status quo
To find more about inclusive benefits and our four-step strategy for achieving this, download our latest perspective.
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