ROI on diversity lacking: Survey

Only one-fifth of employers using diversity scorecard
By Sarah Dobson
|Canadian HR Reporter|Last Updated: 06/04/2013

While many employers have embraced diversity and inclusion, just one-fifth (18.8 per cent) are measuring the impact, efficacy or return on investment (ROI) of these initiatives, according to a survey by the Canadian Institute of Diversity and Inclusion (CIDI).

And yet four-fifths (79.6 per cent) of the 56 employers surveyed said diversity, inclusion, human rights and equity are strategic initiatives at their organization.

“I look at that and I say, ‘If it’s a strategic priority, why aren’t we measuring it?’” said Michael Bach, founder and CEO of Toronto-based CIDI, adding there are a few reasons for the discrepancy, such as not knowing what to measure.