Focus on Equity, Diversity & Inclusion

How can organizations improve workplace equity?

Many companies are enhancing their diversity, equity and inclusion (DE&I) initiatives. But too often, they place more emphasis on diversity and inclusion than they do on equity.

A new report by the SHRM Research Institute and Work Equity, an initiative of the Center for Social Innovation at the Boston College School of Social Work, revealed the importance of equity in the workplace, the root causes of inequity and other DE&I-related findings that could help organizations create more-equitable workplaces.

“Organizations often overlook workplace equity,” said Ragan Decker, SHRM-CP, lead researcher with the SHRM Research Institute. “Yet without equity, DE&I initiatives can fail or even backfire.”

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What it takes to be a fair-pay workplace

Today’s employees, consumers, investors, and legislators have reached a resounding consensus: Diversity, equity, and inclusion (DEI) in the workplace matters.

And not only does it matter, it should be at the top of employers’ to-do lists in an increasingly competitive labor market. Now more than ever, employers must assess how they can better serve their employees, and in turn, their communities. Number one on the list? Pay equity — ensuring that employees who perform similar work are paid fairly, regardless of their gender, race/ethnicity, or other protected class factors. In other words, equal pay for equal work.

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Three low-cost strategies to make your business more sustainable

Meridian Credit Union | Featured Content

Small and medium-sized enterprises (SMEs) are the heart of Canada’s economy, representing 99.8% of all businesses in this country and employing 88.3% of Canadian workers in the private labour force. There are 1.22 million SMEs in Canada, and Ontario is home to about 440,0003 of them.

That’s a massive responsibility, as SMEs — companies that employ from one to 500 people — can have a huge impact on this country’s efforts to reduce carbon emissions and increase sustainable business practices. This gives business owners and their employees an important role in helping to make Ontario a leader in sustainability.

Low-cost strategies that make a difference

At Meridian, we’re committed to helping our business Members do everything possible to make their businesses more sustainable. We know it’s not always easy to find the time or money to explore cleaner, greener ways to work. That’s why we pulled together three simple strategies you can follow to quickly implement changes big and small, no matter what kind of business you run.