DEI & Org Development Consultant | ERG Expert | DEIBA Advocate | Invisible Disabilities Speaker | Co-Founder @ The Rise Journey
When organizations decide to slash DEI initiatives, so much more than the occasional workplace workshop is at risk DEI backlash threatens ⤵: 🤝Equitable hiring practices 💰Pay equity and transparency practices 👥Positive employee experiences 💜Company culture ➡And recently reported by Bloomberg, ERGs and Affinity Groups Writer Jeff Green highlighted The Rise Journey’s 2022 State of the ERG Report in an article on how DEI backlash poses a threat to workplace employee resource groups. Key insight from our report showed: 🔎 From 2020 to 2023, there was a decrease of 78% to 70% in the proportion of Employee Resource Groups (ERGs) receiving financial support from their host companies 🔎 For companies with over 10,000 employees, a common annual budget allocation may reach up to $50,000 Jeff Green also highlighted a recent Forrester prediction: US companies are expected to decrease overall DEI functions (which includes ERGs) to 20% by the end of this year - a major decline from the reported 33% in 2022. Read the full article for insights on ERGs in the workplace and the importance of preserving DEI initiatives from Paulina R., LaQuana Clary, @Matthew Leger, and Dumebi Egbuna of Chezie: https://lnkd.in/dWz9AmYA #ERGs #DEI #EmployeeResourceGroups #WorkplaceDiversity #WorkplaceAffinityGroups