Help Wanted: Diversity Officer Hiring Is Booming in the U.S.

Moving from $100k to $500k is a plausible financial action to back up your increased commitment to diversity, but what do you do if that type of budget is unavailable? What’s more, a dramatic increase in budget doesn’t necessarily align with the multi-year, even multi-decade process of DEI evolution.

share this post

Takeaways:
– S&P 500 index showed peak of 12 monthly diversity chief hires – 3x rate of previous 16 months
– 60+ firms appointed 1st ever diversity leader since last May
– Still ,only 53% of S&P 500 firms have such a position (up from 47% in 2018)
– Avg tenure for diversity leaders is 3.2 years compared with CEO of 5.5

ideascape view: What stands out is the discussion of budget expansion for DEI. Moving from $100k to $500k is a plausible financial action to back up your increased commitment to diversity, but what do you do if that type of budget is unavailable? What’s more, a dramatic increase in budget doesn’t necessarily align with the multi-year, even multi-decade process of DEI evolution.

An ideascape membership is a low risk investment into collaborative action. We act as a thought partner– an extension of your team that helps you improve on your peers’ successes and learn from their failures. Jonathan Dyke can help you #drive and #execute your strategy– let him tell you how.

link to article

more from our team

Know Before You Go: DEI Scorecards

Know Before You Go: DEI Scorecards

Scorecards are great for measuring progress towards achieving Diversity, Equity, and Inclusion (DEI) goals. The intentions and specifics behind DEI scorecards can vary from organization

let us help enhance your DEI team!

contact us to schedule a 30 minute call.

name*
where do your priorities lie in 2022?*

here for you and your team.

Schedule a call with us to learn more about how we work with clients.

FREE guide to DEI in 2021 - 2022: strategic management themes

a compilation of observations and implications for DEI leaders