Strictly embargoed to 12.01am AEDT Wednesday 22 November
Ground-breaking research has thrown a spotlight on the importance of inclusion in Australia’s workplaces.
Led by Diversity Council Australia and sponsored by Suncorp, the Inclusion@Work Index surveyed a nationally representative sample of 3,000 Australian workers. It clearly identifies the benefits of inclusion and the need for Australian companies to put words into action and invest in creating inclusive places to work.
The survey found that inclusion is good for customers and for employees. Workers in inclusive teams are almost five times more likely to indicate their team provides excellent customer/client service. Employees working in an inclusive team are 19 times more likely to be very satisfied with their job.
"The DCA-Suncorp Inclusion@Work Index establishes the first national index of inclusion experiences of Australian workers and found there was a high level of support for inclusion in Australian workplaces with some 75 per cent of people in support or strong support of inclusion programs," Diversity Council Australia CEO Lisa Annese said.
The study found that employees in inclusive teams are:
- 19 times more likely to be very satisfied with their job compared to workers in non-inclusive workplaces (58% to 3%)
- 10 times more likely to be highly effective (58% to 6%)
- 9 times more likely to innovate (45% to 5%)
- 4 times more likely to stay with their employer over the coming year (62% to 16%).
"Despite these benefits, we found that people who don’t belong to a particular minority or diversity group, such as men from Anglo-cultural backgrounds and older men, are less supportive of inclusion programs,” Ms Annese said.
“It was also revealed that more than one in five Australian workers experienced discrimination or harassment last year alone (22%). This figure spiked to 38 per cent for Aboriginal and Torres Strait Islander Australians, followed closely by Australians with a disability (34%) and Australians under 30 (30%)."
Suncorp CEO & Managing Director Michael Cameron said creating a more inclusive workplace encourages greater diversity, which leads to better business performance.
“We sponsored this research because we know the value of having an inclusive work environment and the positive impact it can have across industries. The findings will start important conversations that lead to more inclusiveness in all types of organisations,” Mr Cameron said.
“Our businesses perform at their best when leaders provide an environment where people feel included, connected and valued.”
Ms Annese added, "The main thing is that we see this as an opportunity – one where we not only provide safe and inclusive workplaces for our employees, but also boost business outcomes along the way.
“Cutting harassment and increasing job satisfaction has significant repercussions. And inclusion as it turns out plays a much bigger part in achieving this than we previously knew – our research provides the missing piece of statistical evidence about just how important it is.
“With currently one in two Australians reporting to work in an inclusive team, it’s good to remember that this can be done and with the right benchmarks in place we hope to see companies address this over the coming year.
“What this research has also made abundantly clear is the strong support for Australian employers to invest in inclusive workplaces, and the overwhelming business and employee benefits of doing so,” she said.
Please contact DCA for a copy of the full DCA-Suncorp Inclusion@Work Index report.
Diversity Council Australia is the independent not-for-profit peak body leading diversity and inclusion in the workplace. We provide unique research, inspiring events and programs, curated resources and expert advice across all diversity dimensions to a community of member organisations. Our members are estimated to employ more than one million Australians, representing around 10% of the Australian workforce.
Suncorp Group Limited is a trusted provider of financial services and solutions, helping customers to make good choices and take positive action to improve their financial wellbeing. Since 1902, we have created value for stakeholders while being a responsible and resilient business. Today, we are a top 20 ASX-listed company with $97 billion in assets. We employ approximately 13,400 people and serve close to nine million customers across Australia and New Zealand. Our Marketplace of products, services and experiences is designed to make it easier for our customers to meet their financial needs. It brings together our strong portfolio of banking & wealth and insurance solutions from across our many brands including Suncorp, AAMI, GIO, Apia and Shannons, as well as those from our partners.
MEDIA CONTACTS: Jo Scard on 0457 725 953 or Alys Francis on 0476 287 787 or Diane Falzon on 0430 596 699