HR Technologist published a bylined article, “Inclusion of LGBTQ+ Executives – A Long Way to Go,” authored by Russell Reynolds Associates Consultant Tina Shah Paikeday featured the firm's research, "LGBTQ+ Inclusion: A Leader’s Guide." The article is excerpted below.
Inclusion of LGBTQ+ Executives – A Long Way to Go
The perceptions of LGBTQ+ executives of D&I efforts in the workplace are starkly different from those of their straight counterparts. A likely cause of this discrepancy is the fact that fewer than half of LGBTQ+ employees are out in the workplace, signaling an inability to be fully authentic at work. There are undoubtedly many reasons why this is the case, and a recent Russell Reynolds Associates study on the inclusion of LGBTQ+ executives highlights a few:
- LGBTQ+ executives believe their companies are not doing enough to attract and retain diverse talent. Only 49 percent of LGBTQ+ executives think their organizations prioritize attracting diverse talent, vs. 57 percent of total respondents. When it comes to diverse talent retention, the numbers are bleaker; only 37 percent of LGBTQ+ executives think their organizations are taking sufficient measures, versus 51 percent of total respondents.
- Relative to the overall executive population, LGBTQ+ executives attribute much greater importance to a lack of inclusion as a factor that prompts diverse executives to leave their organizations. 43 percent of LGBTQ+ executives say that diverse talent has left their organization due to a lack of inclusion vs. only 29 percent of the overall executive population.
- LGBTQ+ executives see less leadership commitment and accountability to D&I compared to the overall executive population. Only 26 percent of LGBTQ+ executives believe leaders are held accountable to fostering an inclusive culture, vs. 39 percent of total respondents.
To read the full article, click here.