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Reply to "What $$ incentives do companies have to promote dei?"
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[quote=Anonymous]There is no financial motivation, it's all optics. Stockholders are likely to object to prioritizing social type goals over improving financial metrics which directly increase stock prices. It is sometimes posited that more diverse companies perform better financially, but without a direct company-to-company comparison of all factors which affect financial performance that is nonsensical. Higher performing companies may be incidentally more diverse, but may not be and probably are not higher performing because they are diverse. Unfortunately, if a company pushes hiring and promotion quotas to advance the optics they want to project for non-financial performative reasons, there's little you can do about it apart from seeking employment with a more enlightened employer. Over time, if the legal landscape continues to evolve as is has recently, such quotas are likely to go away, and will be replaced with unrepresentative photographs in annual reports of a carefully chosen group of real or imagined employees from every conceivable racial group, ethnic background, and possibly gender, Bud Light excepted where just males and females are likely to be portrayed going forward. [/quote]
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