The Case for Diversity, Equity, and Inclusion

A DEI approach to market expansion calls on credit unions to understand the changing marketplace and create more equitable financial products and services by using a DEI lens to consider who benefits from and who bears the cost of earnings and growth strategies. According to a study by Deloitte, 69% of executives rate DEI as an important issue and 78% of executives report it increases competitive advantage. According to a survey by Deloitte, 80% of respondents say inclusion is an important factor when choosing an employer, and 39% say they would leave their current employer for a more inclusive employer. [...]the Institute for Public Relations finds that 47% of millennials say a diverse and inclusive workplace is an important factor in their job search. [...]research finds that inclusive work environments are associated with enhanced job performance and work engagement.