This part of the G8Way Assessment is concerned with how employees are treated. Valuing employees and supporting their wellbeing can make the difference to a company’s ability to achieve its Diversity & Ethical Business objectives. People are the life’s blood of any institution and respecting employees often makes the difference in a company’s ability to achieve its objectives. According to a study from McKinsey, companies with a diverse workforce are 35% more likely to have higher financial returns than those who are not.
In an inclusive environment, teamwork and co-operation can thrive, driving a much more productive workforce. If the workplace atmosphere isn’t great, it’ll drive a toxic company culture and place unnecessary stress on employees. Discrimination creates a toxic workplace and inevitably diverts people and the organisation from their central purpose.
Fostering employee well-being is good for people and the organisation. Promoting well-being can help prevent stress and create positive working environments where individuals and organisations can thrive. Ethical businesses understand that good health and well-being is a core enabler of improved organisational performance.