Friday, May 26, 2017

Diversity 'is worth billions' to the Scottish economy - THE HERALD SCOTLAND

Originally published: May 24, 2017

WORKPLACES that are more diverse and inclusive have the potential to deliver an eye-watering boost to the economy, the first national conference on equal opportunities for people regardless of gender, age, ethnic background, disability or orientation has heard.

Nearly 200 delegates at The Herald and GenAnalytics Diversity Conference heard that closing the gender pay gap could be worth £6.5 billion to the economy while increasing levels of employment among people with disabilities by only five per cent would add a further £5bn by 2030.

In addition, there would be a further £24bn gain from the full representation in the British workplace of black people and those from minority ethnic backgrounds. Dr Lesley Sawers, Executive Chair of GenAnalytics, which works with business to deliver diverse workforces, described the potential net gains as eye-watering.