Workforce Diversity Project2

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    1 | P a g e N A T I O N A L L A W U N I V E R S I T Y , J O D H P U R

    A project

    On

    A Study of workforce diversity

    Submitted towards the partial fulfillment ofIst Semester of M.B.A. & M.B.L.Degree course, for the subject

    Principles Of Management and Organisational behaviour

    Submitted to: Submitted by:

    Dr Vedantam Leela Shaina Mittal

    Assistant Lecturer M.B.A. - M.B.L.Faculty of Management Studies Ist SemesterNational Law University

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    No matter whether one is running a global company virtually from behind his desk or by

    doing regular visits to his overseas sites, managing a multicultural Workforce effectivelyis a big challenge. For the company and his career to thrive, he needs to know how to

    address the needs and concerns of those who work for him and be able to use the diverse

    talents available to him. Failure to do so can lead to high employee turnover, low

    productivity, poor morale, bad company image and more costly operations. For the

    manager or executive, it can also result in additional stress.

    Achieving sustained business growth in today's environment presents unique

    challenges. Demographic trends show rapidly increasing diversity in society and thus inconsumers and in the workforce.

    Demographic change, the global marketplace, greater tolerance for differences,

    and government sponsored programs are increasing the importance of diversity in the

    workplace. In the near future, more women, minorities, and people with different ethnic

    backgrounds and lifestyles will enter the workforce. Companies will face the issues and

    problems in understanding and utilizing the full range of human potential in a diverse

    population. Organizations that do not manage diversity effectively will not be able to

    utilize the full potential of their workers, not to survive and grow under increasingly

    complex and competitive business conditions.

    Whether your company's market is local, national, or global, whether your

    industry is "old economy" or "new economy", whether you're a manufacturer or a service

    provider, Workforce diversity can help you achieve and sustain improved business results

    through workforce practices that generate high performance.

    The study underhand is therefore devoted to develop conceptual and

    empirical framework for the better use of diverse human resources in the Indian

    Organizations. In this reference I have conducted a survey to reflect the diversity

    needs in ICICI BANK.

    PREFACEPREFACEPREFACEPREFACE

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    ACKNOWLEDGEMENT

    It is pleasure to express our profound gratitude and esteemed regards to our

    assistant lecture of faculty of management studies Dr.Vendantam leela, who has

    provided valuable information and scholarly guidance to complete this work.

    We would also like to convey our sincere gratitude to Dr.U R DAGA our DEAN

    for his care and guidance throughout this work. We also place our thanks to all the

    faculty members of the college for their care and affection.

    We all will be failing in our duty if we forget to record our gratitude to our parents

    whose best wishes and continuous pressure for excellence in whatever we do, encouraged

    us in our endeavor.

    We owe our gratitude to those persons who devoted their time and cooperated in

    the successful completion of our field study.

    Finally, we are thankful to the respondents and the individuals who directly or

    indirectly rendered their help in completion of this work.

    SHAINA MITTAL

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    CHAPTER 1 WORKFORCE DIVERSITY: THE CONCEPTS AND TYPES.

    Workforce Diversity: The Conceptual Framework. Diversity in Workplace. Types of Diversity.

    CHAPTER 2 IMPACT OF WORKFORCE DIVERSITY

    Diversity and Idea Generation, Growth, Image, Human Resources and DiscriminationSuits.

    Trends in diversity Challenges in diversity Benefits of diversity

    CHAPTER 3 FIELD REPORT

    Introduction Analysis

    CONCLUSION

    RECOMMENDATIONS

    BIBLIOGRAPHY

    ANNEXURE

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    Origins of Diversity

    India is a land of contrast and diversity, land of fabulous wealth and abject

    poverty, of palaces and hovels of sadhus (saints) and scientists, where the smell of

    science mingles with the smell of cow dung and sewage.- (J.C. Hollick)

    Whichever theory one adopts to explain the genesis of the Indian culture, it is clear

    that its national diversity stems from the interplay of innumerous invasions, conquests,

    cultural assimilation and fragmentation seasoned by multiple religious beliefs and very

    diverse physical environment that generated the ethnic, linguistic, and religious diversity

    we witness today.

    What is Workforce Diversity ?

    As we enter the 21st century, Workforce Diversity has become an essential

    business concern. In the so-called information age, the greatest assets of most companies

    are now on two feet (or a set of wheels). Undeniably, there is a talent war raging. No

    company can afford to unnecessarily restrict its ability to attract and retain the very best

    employees available.

    Diversity is generally defined as acknowledging, understanding, accepting,

    valuing, and celebrating differences among people with respect to age, class, ethnicity,

    gender, physical and mental ability, race, sexual orientation, spiritual practice, and public

    assistance status.

    "Workforce Diversity refers to the Diversity which is exhibited in the

    Workforce for any organization. The organization may be a business, a university,

    hospital or any one of a number of different organizations that exists in a society or

    community.

    The diversity which is to be found can be due to gender, age, style of working, cultural

    background, education, length of time in an organization, the nature of work that is

    performed by various individuals, religious affiliations of workers, geographic origin,

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    sexual orientation and a variety of other differences amongst the members of the

    Workforce that may be the human resource of the organization.

    Workforce Diversity is an issue which has come to stay and must be correctly

    addressed, managed and resolved by an organization with an effort towards gainingbenefits from such a Diversity.

    The Four Layers of Diversity

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    Reasons for the emergence of Diversity

    1

    A major reason for the emergence of diversity as an important challenge is changing

    demographics. Older workers, women, minorities, and those with more education are

    now entering the workforce in record numbers. However, for now it can be noted that the

    composition of todays and tomorrows workforce is and will be much different from the

    past. For example , USAToday calculates a diversity Index ( based on population racial

    and ethnic probabilities ) that shows now almost 1 out of 2 people randomly selected in

    the U.S. are racially or ethnically different ,(up from 1 out of 3 in 1980. at the more micro

    level ,of an organization ,assuming talent and ability equally distributed throughout thepopulation and that every one has an equal opportunity , this means that there should be

    diversity at every level of organization.

    Another pragmatic reason for diversity in todays organizations stems from legislation

    and lawsuits. The political and legal systems have compelled organizations to hire more

    Changing Workforce

    Demographics

    (age, gender,ethnicity& education)

    Increasing Diversity

    in Todays

    Organization

    The Recognition and

    Desire for Diverse

    Viewpoints

    Legislation

    Law Suits.

    Competitive

    Pressure

    Rapidly Growing

    increase in

    International

    Business

    2

    3

    4 2

    5

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    broadly and to provide equal opportunity for all employees. Although legislation going as

    far back as the Civil Rights Act of 1964 prohibited discrimination in employment, only

    recently have the full effects of that landmark law and other more recent legislation, such

    as the following, had an impact.1. Age Discrimination Act of 1978.

    This law at first increased the mandatory retirement age from 65 to 70 and then

    was later amended to eliminate an upper age limit altogether.

    2. Pregnancy Discrimination Act of 1978.

    This law give full equal opportunity protection to pregnant employees.

    3. American with Disabilities Act of 1990.

    This law prohibits discrimination against those essentially qualified individualschallenged by a disability and requires organizations to reasonably accommodate

    them.

    4. Civil Rights Act of 1991.

    This law refined the 1964 act and reinstated burden of proof falls on employers to

    eliminate discrimination and ensure equal opportunity in employment to

    employees. It also allows punitive and compensatory damages through jury trials.

    5. Family and Medical Leave Act of 1993.

    This law allows employees to take up to 12 weeks of unpaid leave for family or

    medical reasons each year.

    These laws, along with lawsuits and the threat of lawsuits, have put teeth into

    diversity. Individuals and groups that have found themselves excluded from

    organizations or managerial positions can bring and have brought lawsuits in an effort to

    overcome discriminatory barriers and ensure themselves equal opportunity in

    employment. For example, successful lawsuits with resulting multimillion dollar

    penalties have in recent years been brought against Texaco, the City of Seattle,

    Mitsubishi, Boeing, Deenys and Safeway.

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    Still another reason for the emergence of the importance of diversity to

    organizations is the realization that diversity can help them meet the competitive

    pressures they currently face. Firms that aggressively try to hire and promote women and

    minorities are going to end up with a more talented and capable workforce than those thatdo not take such a proactive, affirmative action approach. For example, a recent large

    study by the American Management Association found that the more accurately the

    senior team of a company represents the demographics of its market, the more likely it is

    that the company will design products, market services, and create ad campaign that

    score a hit. Moreover, companies that gain a reputation for celebrating diversity are

    more likely to attract the best employees regardless of age, gender, or ethnicity. The most

    talented and qualified people will feel that opportunities are better with these firms thanwith others. In other words, diversity can provide an organization with competitive

    advantage. For example, a recent study examined the relationships among racial

    diversity, business strategy, and firm performance in the banking industry. It was found

    the racial diversity interacted with business strategy in determining company

    performance as measured in three different ways: productivity, return on equity, and

    market performance. This study concluded that the results demonstrated that diversity not

    only adds value but, in the proper context, also contributes to a firms competitive

    advantage.

    Stimulated by competitive pressures, organizations now recognize and strive to

    obtain diverse viewpoints in their decision-making processes and teams. Recent academic

    research points out the complex linkage between work group diversity and work group

    functioning. But there is also growing practical evidence that diversity leads to

    innovation and often breakthrough competitive advantages. For example, women

    working for Reebok pointed out that there was no good shoe available for aerobics. The

    firm took this advice and began marketing aerobic shoes, which became very profitable

    and served as a breakthrough for Reebok in the very competitive athletic shoe industry.

    Another example occurred at the giant chemical firm DuPont, which used input from

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    African-American employees to develop and successfully market agricultural produces

    for small farmers in the South.

    A final major reason for the emerging challenge of diversity is that more and more

    organizations are entering the international arena. A natural by product of goinginternational is increased diversity, in this case cultural diversity. If domestic

    organizations have and promote diversity, then, as they expand globally, they will be

    accustomed to working with people who have different cultures, customs, social norms,

    and more. For example, a multicultural team at DuPont is given credit for gaining the

    firm about $45 million in new business worldwide. Among other things, this diverse team

    recommended an array of new colors for countertops that was very appealing to overseas

    customers.The international arena is not a threatening place for diverse firms, a fact that is

    particularly important because of the major role that international operations and sales

    will play in the growth, and even survival, of companies in the global economy. As we

    pointed out that the percentage of overall revenues from international operations and

    sales is increasing dramatically. Trade developments. Such as NAFTA (North American

    Free Trade Agreement), the EU (European Union) and an increasingly unified Asia-

    Pacific rim, are a sign of the times. The advantage of multinational companies that have a

    value cultural diversity becomes abundantly clear in this global interconnected economy.

    Review of available research

    Workforce Diversity is inevitable aspect of any organized endeavor. Mobilization

    of human resource has resulted in heterogeneous Workforce available for different

    organization. People from different class, creed, religion, and etc. are found working in

    an organization. This situation has made the study of the nature and causes ofWorkforce

    Diversity and its impact on industrial productivity necessary.

    The purpose of this research project was to explore management practices that successful

    multinationals employ in India to manage diversity. Success in the study of the nature

    and causes or Workforce Diversity and its impact on industrial productivity necessary.

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    Diversity in the Workplace :

    Diversity in the workplace means creating an environment where people from

    dissimilar backgrounds can work productively together. Therefore it is important to

    manage Workforce Diversity. Diversity if positively managed, can increase creativityand innovation in organization as well as improve decision making by providing different

    perspective on problems. But when Diversity is not managed properly there is a potential

    for higher turnover, more difficult communication and more interpersonal conflicts.

    Types of diversity

    Manager need to recognize the ways in which the Workplace is changing,

    evolving, and Diversifying. Managers have to shift their philosophy from treating

    everyone alike to recognizing differences & responding to those differences in ways that

    ensure employee retention & greater productivity while at the same time, not

    Discriminating. Since Managing Diversity remains a significant organizational

    challenge, managers must learn the managerial skills needed in a multicultural work

    environment. Supervisors and managers must be prepared to teach themselves and others

    within their organizations to value multicultural differences in both and customers so that

    everyone is treated with dignity.This is make essential that managers know various types of Diversities and their

    implications on organizational working.

    Diversity is divided into two parts:

    Primary categories:-It includes genetic characteristics that affect a persons self-image and

    socialization.

    Secondary categories:-It includes learned characteristics that a persons acquires an modifies

    throughout life.

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    These categories arent independent. they are interrelated to each other. For e.g- a

    woman(gender) with children( parental status) is likely to be directly affected by an

    organization with family-friendly or family-unfriendly policies and attitudes. The

    family friendly attitude would be your job must always come first if you are to getahead in the organization.

    Primary categories:-

    Age: The number of years a person has been alive and the generation intowhich she/he was born(e.g., depression era, baby boomers or generation X

    in the united states)

    Race: The biological groupings within human kind, representingsuperficial physical differences like eye form, skin color. Race accounts

    for less than 1% of the difference in a persons genetic heredity.

    Ethnicity: It is identification with a cultural group that has sharedtraditions and heritage, including national origin, language, religion, food,

    customs. some people identify strongly with these cultural roots and some

    may be not.

    Gender: It is the biological sex as determined by XX(female) or XY(male) chromosome.

    Physical abilities and qualities: It includes a variety of characteristicslike physical size, facial features, specific abilities or disabilities and

    visible or invisible physical and mental talents or limitations.

    Sexual orientation: It includes feelings of sexual orientation towardmembers of the same or opposite gender such as heterosexual,

    homosexual or bisexual.

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    SECONDARY CATEGORIES:-

    Education: It includes individuals formal and informal learning andtraining.

    Work experience: The employment and volunteer positions the personheld and the variety of organizations for which the person has worked.

    Income: the economic conditions in which the person grew up and hiscurrent economic status.

    Marital status: the persons situation as never married, married,widowed or divorced.

    Religious beliefs: fundamental teachings received about deities andvalues acquired from formal or informal religious practices.

    Geographical locations: the location(s) in which the person was raisedor spent a significant part of her life, including types of communities

    and urban areas versus rural areas.

    Parental status: having or not having children and the circumstances inwhich the children are raised, such as single parenting and two-adult

    parenting.

    Personal style: tendency of the individual to think, feel, or act in aparticular way.

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    DIVERSITY AND IMAGE

    Organizations have to be concerned with their image, i.e., what the public thinks

    of it and the kind of feelings evoked when its name is mentioned. Firms will spend a

    great deal of money on public relations to create a positive image for themselves andtheir products. A favorable image helps a firm attract investors, customers, and

    employees. Being known as a firm that values diversity can do wonders for a company's

    image.

    Companies that are sued for discrimination generate a great deal of negative

    publicity for themselves. E.g-Texaco's image was severly tarnished when The New York

    Times ran a front-page story quoting a recording of executives that was derogatory to

    black employees; the company settled eleven days later. As part of the settlement, thefirm agreed to pay $115 million to black employees and to do penance. This penance

    involved establishing an "Equality and Tolerance Task Force" and to implement a

    cultural transformation of Texaco (Rosin, 1998).

    DIVERSITY AND HUMAN RESOURCES

    Firms that want to ensure an adequate supply of labor have to wake up to the fact

    that over the next two decades, women and minorities will account for almost all of the

    growth in the labor force. This means that firms that want to survive had better plan on

    recruiting more minorities. It is well known that people are more comfortable hiring

    others that are similar to them. This means that it is considerable easier to hire women

    and minorities once you already have a significant number of them working in your firm.

    Furthermore, women and minority employees prefer working in firms that are committed

    to corporate diversity. Incidentally, it is a good idea to make sure that the Human

    Resource Department in a company is itself diverse if a firm wants to attract other than

    just males.

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    DIVERSITY AND DISCRIMINATION SUITS

    There is another practical reason for diversity. Firms that employ very few women

    and nonwhites will find themselves extremely vulnerable in the case of a discrimination

    or sexual harassment suit. Imagine a firm in which almost all the employees are male.First of all, this is the kind of business environment in which sexual harassment is quite

    likely. Secondly, if a women does sue for harassment, the first question that will be asked

    is why the firm has done such a poor job with diversity. The fact that there are so few

    women employed in the firm might be seen as evidence that the firm is not interested in

    the rights of women.

    Indeed, in the current discrimination case against Microsoft, one piece of evidence

    being presented by the plaintiff is that only 83 of its 5,000 managers are black, and thereare only 500 blacks in a workforce of between 21,000 and 25,000. It should be noted that

    the possibility of being sued for discrimination is not that remote. In the United States,

    approximately 24,000 workplace discrimination lawsuits are filed every year in federal

    court and many more in state courts. The average award for compensatory damages is

    over $2,50,000. Some recent U.S. Supreme Court decisions (e.g.,. Beth Ann Faragher v.

    City of Boca Raton and Burlington Industries, Inc. v. Ellerth) make it clear that

    employers that wish to defend themselves against a discrimination lawsuit had better be

    able to demonstrate that they made a serious attempt to create a friendly, non-hostile

    environment for women and minorities.

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    TRENDS IN WORKFORCE DIVERSITY

    These are the following steps that are used by world-class organizations to enhance

    workforce diversity in their organizations:-

    Assessment of diversity in the workplace Top companies make assessing and

    evaluating their diversity process an integral part of their management system. A

    customizable employee satisfaction survey can accomplish the assessment for the

    company efficiently and conveniently. It can help the management team to determine

    which challenges and obstacles to diversity are present in the workplace and which

    policies need to be added or eliminated. Reassessment can then determine the success of

    the diversity in the workplace plan implementation.

    Development of diversity in the workplace plan - Choosing a survey provider that

    provides comprehensive reporting is a key decision. That report will be the beginning

    structure of the diversity in the workplace plan. The plan must be comprehensive,

    attainable and measurable. An organization must decide what changes need to be made

    and a timeline for that change to be attained.

    Implementation of diversity in the workplace plan - The personal commitment of

    executive and managerial teams is a must. Leaders and managers within organizations

    must incorporate diversity policies into every aspect of the organizations function and

    purpose. Attitudes toward diversity originate at the top and filter downward. Management

    cooperation and participation is required to create a culture conducive to the success of

    your organizations plan.

    As the economy becomes increasingly global, our workforce becomes increasingly

    diverse. Organizational success and competitiveness will depend on the ability to manage

    diversity in the workplace effectively. Therefore the company should evaluate

    organizations diversity policies and plan for the future.

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    Challenges of workforce Diversity

    Organizations face challenges of a diverse workforce which are as follows:

    1. Language differences:

    Communication is difficult or impossible if employees cant understand each other.

    Employees cant train each other or work together if they cant communicate. Translators

    may be used for hiring but for the day to day Communication that fosters a friendly,

    informal and productive work setting, language barriers create a real and often serious

    problem. Such problems may lead to misunderstandings regarding performance goals,

    work methods, safety measures and other essential working conditions.

    2. Formation of natural ethnic groupings:

    The formation of natural ethnic groupings within an organization is a tendency that needs

    to be managed. For example if employees dont speak English they may seek out others

    of same ethnic group for assistance. In an hotel a large percentage of its housekeeping

    staff is from north India. With English as a secondary language, these employees often

    seek out other north Indians rather than a supervisor for help. They dont want to

    embarrass themselves because of their inability to speak English fluently. Natural ethnicgroupings may create a strong sense of togetherness but they are unable to promote

    working with others who dont share the same language and cultural heritage.

    3. Attitudes and Cultural Differences:Most people have developed attitudes and beliefs about others by the time they seek a

    job. However, some attitudes and beliefs create frustration, anger, and bitterness in those

    at whom they are aimed. Managers and others who want to foster employee tolerancerecognize that major changes are required. In some organizations, women and minorities

    are bypassed when important, formal decisions are made. Informally, these people are

    left out when others go to lunch or a sporting event. These informal get-togethers often

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    give older employees a chance to counsel younger employees about coping with

    problems- an advantage not shared by those left out.

    4. Resistance to change:There are always employees who will refuse to accept the fact that the social and cultural

    makeup of their workplace is changing. The weve always done it this way mentality

    silences new ideas and inhibits progress.

    5. Implementation of diversity in the workplace policies :This can be the overriding challenge to all diversity advocates. Armed with the results of

    the employee assessments and research data, they must build and implement a

    customized strategy to maximize the effects of diversity in the workplace for their

    particular organization.

    6. Successful Management of Diversity in the Workplace :Diversity training alone is not sufficient for your organizations diversity management

    plan. A strategy must be created and implemented to create a culture of diversity that

    permeates every department and function of the organization.

    It was found that diversity can reduce the cohesiveness of the group and result in

    increased employee turnover. It seems that males working in homogeneous environments

    were more attached to co-workers and to their jobs. As heterogeneity increased, however

    absenteeism and turnover increased among males. Interestingly, it was found that this

    negative reaction to diversity existed among males, not women or minorities. This

    problem can be solved by changing the culture of the organization so that employees

    understand the value and importance of diversity and of focusing on the goals of the

    organization rather than individual needs.

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    Benefits of Workplace Diversity

    An organizations success and competitiveness depends upon its ability to embrace

    diversity and realize the benefits. When organizations actively assess their handling of

    workplace diversity issues, develop and implement diversity plans, multiple benefits arereported such as:

    1. Increased adaptability:

    Organizations employing a diverse workforce can supply a greater variety of solutions to

    problems in service, sourcing, and allocation of resources. Employees from diverse

    backgrounds bring individual talents and experiences in suggesting ideas that are

    flexible in adapting to fluctuating markets and customer demands.

    2. Broader service range:

    A diverse collection of skills and experiences (e.g. languages, cultural understanding)

    allows a company to provide service to customers on a global basis.

    3.Variety of viewpoints

    A diverse workforce that feels comfortable communicating varying points of view

    provides a larger pool of ideas and experiences. The organization can draw from that pool

    to meet business strategy needs and the needs of customers more effectively.

    4.Creativity increases:

    When people with different ways of solving difficult problems work together towards a

    common solution. There is no one best answer to any question--the more ideas you can

    obtain from different people, the more likely you are to develop a workable answer.

    Other cultures can offer insightful alternative. This is a tremendous advantage of

    diversity in the workplace.

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    5. LANGUAGE SKILLS:

    Language skills are obviously needed in todays increasingly global economy--and

    diverse workers often have this proficiency. If a company needs specific knowledge or

    language skills, it may hire foreign nationals for help. To truly build relationships with

    the other people of the world, we must speak their language. It is a tremendous advantage

    of workplace diversity if we enable people from other cultures can help us understand not

    just their words, but also the meaning behind what they are saying.

    6. NEW PROCESSES:

    New processes can result when people with different ideas come together and

    collaborate. In todays fast-moving world, there is no longer room for thinking, We have

    always done things this way and cannot change. The workers must bring multiple skills

    to the environment, think cross culturally, and adapt quickly to new situations. Those

    who meet these criteria are likely to do well, regardless of culture--even in tough

    economic times.

    7. More effective execution:

    Companies that encourage diversity in the workplace inspire all of their employees to

    perform to their highest ability. Company-wide strategies can then be executed; resulting

    in higher productivity, profit, and return on investment.

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    FIELD REPORT: INTRODUCTION

    ICICI BANK LIMITED

    ICICI Bank India is the largest private bank in India and the second largest in the entirebanking sector (consisting of banks belonging to both public and private sector). Only

    State Bank of India (SBI), controlled entirely by the Government of India has a bigger

    business than ICICI Bank. It was founded in 1955 as Industrial Credit and Investment

    Corporation of India, ICICI Limited was established by the Government of India in the

    1960s as a Financial Institution like Industrial Development Bank of India (IDBI) to

    finance large industrial projects.

    ICICI Bank is India's second-largest bank with total assets of Rs. 3,997.95 billion (US$

    100 billion) at March 31, 2008 and profit after tax of Rs. 41.58 billion for the year ended

    March 31, 2008. ICICI Bank is second amongst all the companies listed on the Indian

    stock exchanges in terms of free float market capitalization. The Bank has a network of

    about 1,308 branches and 3,950 ATMs in India and presence in 18 countries. ICICI Bank

    offers a wide range of banking products and financial services to corporate and retail

    customers through a variety of delivery channels and through its specialized subsidiariesand affiliates in the areas of investment banking, life and non-life insurance, venture

    capital and asset management.

    Besides, ICICI Bank India had over 30,000 employees working for it.

    Today, ICICI Bank,India has the largest market share and value among all banks in retail

    or consumer financing. ICICI Bank is the largest issuer of credit cards in India. It was the

    first bank to offer a wide network of ATM's and had the largest network of ATM's till

    2005, before SBI caught up with it.

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    Managing Director & Chief Executive officer: Mr K V Kamath

    Address: ICICI Bank Towers

    C-15, G-Block, Bandra Kurla complex,

    Bandra(E), Mumbai.

    Pin: 400051

    State: Maharashtra

    Phone number: +91-22-26531414

    Website: http://icicibank.com/

    Fax: +91-22-26531122/368/212

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    ANALYSIS

    Regarding to my Topic of the project I went to ICICI BANK LIMITED, JODHPUR for the

    purpose of field study. In the bank about 30 employees are working, out of those 15 persons are

    working at the managerial positions like Manager, Asstt. Manager, Dt. Manager.I contacted those Managers and other Managerial position holders and give them the

    Questionnaire. They gave me positive response and support me so much regarding to my

    questions.

    OBSERVATIONS AND FINDINGS:

    Percentage of women in the organization:

    30

    30

    40

    Level of management

    Executive management

    Upper management

    Middle management

    Level ofmanagement

    Percentage

    Executive

    management

    30%

    Upper

    management

    30%

    Middle

    management

    40%

    Total 100%

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    People belonging to different religions:

    Religion Percentage

    Hindu 46.7Muslim 13.4Sikh 6

    Christians 6

    Others 26.3

    People belonging to different age groups:

    Age Frequency Percent

    25-29 Years 6 40

    30-34 Years 2 13.3333

    35-39 Years 3 20

    40-44 Years 2 13.3333

    45-49 Years 2 13.3333

    Total 15 100

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    People belonging to different workforce demographics.

    Ethnic group Percentage

    North Indians 13.33

    South Indians 13.33

    North-Eastern Indians 0

    Women 40Other 26.7

    Workforce demographics

    North indians

    South indians

    North east indians

    Women

    Others

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    Q. What do you think are the hallmarks of an organization that promotes diversity inthe workplace?

    Options Percentage

    of personsCompetitive

    pressure

    26.7

    Changing

    workforce

    demographics

    13.4

    increase in

    international

    business

    40

    Recognition

    and desire for

    diverseviewpoints

    20

    The response to this question was that the majority of the people are of view that increase

    in international business is the hallmark of an organization that promotes diversity in the

    workplace due to the globalization and the rapid changing environment.

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    It can analyzed that there is an increase in international business and competitive pressure

    which increases the competition among the companies so the demand for the qualified,

    knowledgeable and skillful employees increases for survival of the companies in the

    global economy which in turn, helps in increasing the growth of the company.

    Q. Do you support the creation of committee to address diversity-related issues in theworkplace?

    The response to this question was that most of the people were in favor of the creation of

    the committee to sort out their grievances and to put forward their suggestions in front of

    executives. The committee ought to be a platform to put forward their demands.In contrast to this the upper level management was not in favor of the committee system

    as there would be groupings among the employees. Some of the upper level management

    was in the favor of the committee system so that there would be less disputes and the

    work of the organization is not halted due to the disputes.

    So it is clear from the findings that the creation of committee should be there to avoid the

    disputes from disrupting the normal operations of the organizations.

    If yes, then committee should be formed on the basis of

    0

    1

    2

    3

    4

    5

    Age Sex Religion Nomination

    4

    1

    0

    5

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    It can be concluded from the graph that the majority of people want committee to be formed on

    the basis of nominations in order to avoid conflicts, misunderstanding an discrimination among

    the employees. The committee members can serve as mentors and resources for people ofdiverse backgrounds. The employees have chosen nomination because all the people have

    equal opportunity to be selected for the committee. Some of the people preferred age as the

    basis of their selection due to their work experience and they want more authority.

    Q. What is the criterion for selection for the selection of committee members?

    Criterion Percentage

    Performance 40

    Work experience 40

    Religion 10

    Other (ability, knowledge, skills etc) 30

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    The graph shows that the committee members be selected on the basis of the performance and

    the work experience of the employees. Because it adds more value to the organization by

    inhibiting new creative ideas for the progress of the bank. The employees were of the view that

    the committee members should not be selected on the basis of religion, age, ethnicity etc. Itshould be fair and equitable selection. Some of the employees wanted performance as the basis

    of the selection committee because they want responsible and talented people to take charge of

    the committee so that their grievances could be handled in a better manner whereas some

    preferred work experience because they have better understanding of the company diversity

    policies and they can understand the problems of the members better as they have been with the

    company for a long time.

    Q. Indicate how well you believe your company meets the goals of the corporate diversity

    program set forth by your CEO?

    GOALS PERCENTAGE

    We meet less than 50% of the program goals 13.3333

    We meet 50%-79% of the program goals 20

    We meet 80%-99% of the program goals 33.3333

    We meet all of the program goals 13.3333

    Dont know 20

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    `

    A companys vision of diversity and the level of success in promoting diversity initiatives must

    start from the top. As the company head, the CEO must play an active and visible role in

    enforcing diversity initiatives throughout the company. Nine of the 15 respondent companies

    indicated that their CEO had a fairly significant role in personally championing diversity effortsby actively participating in the companies diversity effort. . It was held their management

    executives accountable for promoting diversity through an employee performance appraisal

    process whereby a managers level of diversity success is linked to his/her short-term

    compensation.

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    Q. Has your organization ever:

    AGREE STRONGLY

    AGREE

    DISAGREE STRONGLY

    DISAGREE1.Installed specialist facilities for diversegroups.

    5 4 2 4

    2. Allowed more flexibility in workinghours.

    4 6 3 2

    3. Allowed more flexibility in jobs, tasksand duties.

    5 4 3 3

    4. Closely examined your job criteria toensure that you are not discriminated inselection decisions.

    4 6 2 4

    5. Offer extra pay and holidays to parttime workers.

    6 5 2 2

    After examining the above graph, it shows that the bank provides various facilities to their

    employees like offer extra pay and holidays to part time workers. It act as a motivating factor

    for the employees which in turn helps in increasing productivity of the bank. They closely

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    examined the job criteria of the employees so that they are not discriminated in selection

    decisions which help in reducing the differences among the employees. Managers give more

    flexibility in working hours as compared to less flexibility in jobs, tasks and duties. So that they

    can easily do their tasks. Bank employs specialist facilities for diverse groups as it helps inreducing communication barrier among the employees.

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    OVERALL ANALYSIS:-

    During the field survey I found that organizations in Jodhpur are still not sensitive and

    aware of the concept of Workforce Diversity. This is probably because Organizations in

    Jodhpur are small in size and working styles are still traditional. However according to

    the views of the organization( ICICI BANK) it plays vital role to help business growth.

    As in todays competitive scenario when corporates excel in very large geographical

    areas, the Workforce Diversity concept helps to tackle different segments of a task and

    area of operations. Thus, it also help in increasing knowledge and skill of employees as

    well as help to establish better and cordial inter-personal relationships between them and

    by this people with less skill or knowledge can also get help from others who are

    specialized in their work. It is a way to give an organizations multiplicate skills &

    specialisations. Overall, the concept of Workforce Diversity though new but will

    definitely help in smooth and effective working of an organizations.

    As the companys head, the CEO must champion diversity by infusing it into all of the

    companys processes to ensure that diversity is integrated into the core values of the

    company at all levels. To achieve workforce diversity, the CEO must set diversity as an

    important goal and position the responsibility for diversity with senior executives. In

    addition, as the visionary force, the CEO must play an active and visible role in enforcing

    diversity throughout the company. The CEO views diversity as fundamental to the

    culture of the business, and considers it an essential component to the success of the

    company in the marketplace.

    The executives create Diversity Committee with an overall goal of increasing

    opportunities for women and minorities so that they may then assume greater

    responsibility and opportunities in management.

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    The CEO or senior executives serve as the unofficial Diversity Committee to ensure that

    the companys vision is effectively communicated to the rest of the company. The

    company does have diversity program but it is not the part of the shareholders report.

    Conducting diversity training for all employees is a priority at one communications

    business so that no language barrier arises while communicating. Through diversity

    training, a company can create a common frame of reference and establish a solid

    foundation upon which employees can understand each other and eliminate biases and

    barriers that often impede on the companies overall ability to effectively promote a

    culture of inclusion.

    The bank has diversity policy regarding hiring, promotion, retention etc to ensure it

    continues to be enriched with talented employees from different walks of life, and that

    those employees are prepared to take on new challenges and opportunities as they arise.

    But few people think that it adheres to its diversity policy.

    The employees of the bank has very little knowledge about the legislation and lawsuits

    provided for prohibiting discrimination among the employees.

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    CONCLUSION

    Diversity is everywhere! It's the spice of life! We all are different. Some of us are

    thinkers, others are doers, some are passive, and still others are aggressive. Mix in the

    different categories of professional status, ethnicity, generations, gender and it makes for

    an interesting melting pot begging for mutual respect.

    Companies are beginning to adopt a broader concept and definition of the word

    diversity to include most characteristics that individuals possess that affect the way

    they think and perform tasks. Traditionally, diversity has been defined to include

    characteristics such as race, ethnicity, gender, age, religion, and disability. Today,

    diversity also includes less conventional traits such as cultural background, sexualorientation, class and marital status.

    By focusing on behavior, employees are introduced to a deep experience as they explore

    how individual behavior heats up or cools down the emotional climate of the work

    environment.

    It is extremely important for firms to understand that workforce diversity works. It helps

    create a work environment in which female and minority employees and customers feel

    welcome. Senior executives have difficult jobs. They must compete for talented people,

    give them the tools and resources to do their jobs, assure the financial stability of their

    organizations, push innovation in times of rapid change and guarantee that the

    organization performs well against its goals. The manager have to ensure that their

    diverse employees have the opportunity to develop their potential

    In work environments where differences in gender, race, religion, or other culturalaspects are not addressed, undue tension results. Bridge the gap among the employees

    by enhancing individual awareness of diversity in the areas of knowledge, understanding,

    acceptance, and behavior. Leading organizations acknowledge that working successfully

    with others who dont share the same background, beliefs or traditions is a top priority in

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    the new workplace. Employees need help assessing their behavior toward people who are

    different from themselves and the training program will provide a very personalized

    approach to help them.

    ICICI BANK provides a supportive, positive forum for developing, sharing, andexchanging information and ideas. They support strategic work force objectives by:

    Attracting and retaining a highly talented diverse work force. Creating and maintaining an inclusive work force environment. Providing a voice to leadership regarding barriers and opportunities. Providing a support system and forum for exchanging information and ideas.

    Thus the Diversity improves recruitment, retention and morale; increases employee

    relations and productivity; improves customer relations and brand loyalty; enhances

    relations with key community leaders and external audiences; and increases minority and

    female market share.

    The workforce diversity Team is responsible for designing and implementing workforce

    diversity strategies, positioning diversity as a strategic initiative that seeks bottom line

    results and promoting inclusion for all of its companys stakeholders, and creating,

    producing and distributing Affirmative Action programs for specific business units.The

    company should encourage employees to continue to learn new skills in dealing with and

    managing a diverse workforce.

    Diversity is full of many problems. In order to succeed, not only globally, but

    domestically also, the world has move beyond their prejudices. There are businesses that

    have begun to do just that and some that have not seen the light. Diversity is not going to

    stop or even slow down. We all must realize that in order to manage diversity

    successfully, you must invest one assettime. Diversity is about celebrating the

    differences and similarities that all of us bring to the work.

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    RECOMMENDATIONS

    Workforce diversity is among the new trends and issues that are affecting and forcing the

    ways managers do their jobs.

    1. The benefits of having a diverse workforce cannot be all quantified and qualified;

    The benefits are enormous particularly when it is properly managed. Therefore, all

    organizations should strive to create a diverse workforce using the recruitment

    and selection exercise.

    2. The management in organizations should identify the differences in the people

    they employ, manage them in accordance to those differences. This entails the

    incorporation of diversity management policies into the organizational policies.

    3. In order to capture the potentials from all age groups, organizations should see to it that

    they employ people from all age groups. The needs and interests of all the different age

    groups should be taken seriously.

    4. Organizations must put in place some retention strategies for their employees so

    that they are able to stay in the organization for several years. Competent

    employees who have approached the fixed retirement age should be handled with

    care and be relied on for their tacit knowledge, experience and skills. This group

    constitute the needed corner stone in a building project, and are indeed, the

    organization's memory. Separation occasions, therefore, must be done andmanaged with utmost care.

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    5. The religious beliefs of the employees in an organization should be identified,

    respected and accommodated to a reasonable extent. Employees whose religious

    functions are not recognized nationally as holiday may be given the option of

    adding such days from an individual's annual leave.

    6. Possessing and portraying an international character (by the nature of composition

    in terms of ages, race, ethnicity and nationality) gives an organization a higher

    and brighter picture and thus gives it a competitive advantage over others. This

    advantage is a strong pull factor for patronage of the organization services.

    7. Organizations should consider the needs of working men and women especially inregard to family support benefits. Child care support is very essential. In as much

    as the women (who have given birth to a baby) are qualified for maternity leave,

    the man (whose wife has given birth) should be granted a paternity leave to help

    out.

    8. For an organization to operate in an area, it should first consider the socio

    cultural cum health and safety conditions of the environment. This is necessarily

    because no organization operates in a vacuum. There is always some interactions

    with the environment. These interactions have both direct and indirect effect on

    the employees of the organization.

    9. Since all organizations have diversification among the workforce, the need to

    recognize and properly manage this diversity to further productivity can only be

    understated and under stressed. Therefore, all organizations should understand,

    appreciate and try to overcome the challenges of workforce diversity.

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    10.Disseminate an anti-discrimination policy. The policy must be a formal, written one

    that prohibits all forms of national origin discrimination, including harassment. The

    policy must include a grievance procedure that employees may use to report any type of

    national origin discrimination. It also should delineate disciplinary procedures forviolations of the policy. The company should abide by these procedures with no

    exceptions.

    11.Focus diversity training on an appreciation for the differences among cultures. Make

    a department or a group of employees responsible for this training, including the

    establishment of a diversity mission based on input from all employees. The training

    should cover how cultural differences need to be understood so that they do not have anegative impact on the workplace.

    Effectively managed diversity will produce the following benefits:

    Individual:

    1.Increased employee self-awareness of biases, stereotypes, and prejudices

    2. Increased employee understanding and tolerance for people who are different

    3. Employees who are more flexible and able to deal with change

    Team:

    1. A variety of approaches to thinking and problem-solving

    2.Maximised innovation and productivity on complex tasks

    3.Improved communication skills and the ability to work productively in teams

    Organizational:1) Access to a range of competencies not previously available

    2) Increased flexibility, adaptability and pro-activity within the organisation

    3)Access to a diverse range of markets, customers, suppliers and distributors, translating

    into bottom line results

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    4)External recognition as an employer of choice and accompanying recruiting advantage

    5)Increased knowledge of diversity issues (stereotypes and prejudices in the workplace)

    6)Fewer grievances, complaints and lawsuits; less staff turnover and absenteeism; cost

    savings

    Customer:

    1) Products and services that better meet customer needs

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    BIBLIOGRAPHY

    Robbins P. Stephen, Organization Theory Prentice - Hall India , 3rd edition,January 2003.

    Luthans Fred, Organizational behavior Mc Graw Hill , 9th

    edition, 2002 Greenberg and baron, Behavior in organizations , 8th edition, 2005 Hellriegel and Slocum, Organizational behavior, 10th edition,2002 Ivancevich Mattesion, Organization behavior and management Mc Graw Hill,

    5th edition

    Gregory Morehead and Ricky W Griffin, Organizational behavior http://www.netmba.com/ http://www.wikepedia.com/ http://www.moxiesearch.com/ http://www.managementparadise.com/ http://www.icmrindia.com/ http://www.icicibank.com/

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    ANNEXURE

    QUESTIONNAIRENAME:

    AGE:

    SEX:

    DESIGNATION:

    Rank the following options in the order of priority:

    1- excellent priority2- very good priority3- good priority4- satisfactory priority5- no priority

    Q.1What do you think are the hallmarks of an organization that promotes diversityin the workplace?

    Criterion Rank Specific reasons

    Competitive pressureChanging workforcedemographics

    Increase in internationalbusiness

    Recognition and desirefor diverse viewpoints

    Any other, please specify

    Q.2What are your workforce demographics in the following areas?

    Ethnic group PercentageNorth Indians

    South Indians

    Western Indians

    Eastern Indians

    Women

    Other ethnic group

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    Q.3 What percentage of women belong to:

    Level Percentage

    Middle Management (i.e. linemanagers/supervisors, division/branchmanagers, etc.)

    Upper management(i.e. directors,operations managers etc.)

    Executive management(i.e. vice president,senior vice president, president, CEO etc.)

    Q.4 Do you support the creation of a committee to address diversity-related issues inthe work place? Please explain.

    Q.5If yes, then committee should be formed on the basis of:

    -age ( )-sex ( )-religion ( )-ethnic groups ( )-any other (please specify)

    Q.6 What is the criterion for the selection of committee members?

    Criterion Rank Specific reasons(if any)

    Performance in thecompany

    Work experience

    Religion or ethnicity

    any other (please specify)

    Q.7 Does your company have a corporate diversity program in place and is it part of yourshareholders report?

    -Diversity program exists and appears in the shareholders report ( )-Existing diversity program, but not part of the shareholders report ( )-No diversity program in place ( )

    Q.8 Does your company have:-a diversity officer or director ( )-a diversity department ( )-staff dedicated solely to diversity ( )

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    -none of the above ( )

    Q.9 Have you ever felt mistreated by co-workers or any other person within yourorganization because of factors related to diversity? If yes then how?

    Q.10 Did you communicate your experience to a co-worker or any other personconnected to the organization?....

    Q.11 Does the CEO set clear standards and endorse the corporate diversity program?( )Yes ( )No

    Q.12 On a scale of 1 to 4, indicate how well you believe your company meets the goals of thecorporate diversity program set forth by your CEO.1-poor, 2-moderate, 3- good, 4- excellent

    Goals Ranking Specific reasons(if any)

    We meet less than 50% ofthe program goals.

    We meet 50 - 79% of theprogram goals

    We meet over 80 - 99% ofthe program goals.

    We meet all of the programgoals.

    Q.13 Has your organization ever:

    AGREE STRONGLYAGREE

    DISAGREE STRONGLYDISAGREE

    1.Installed specialist facilities for diverse

    groups.

    5 4 2 4

    2. Allowed more flexibility in workinghours.

    4 6 3 2

    3. Allowed more flexibility in jobs, tasksand duties.

    5 4 3 3

    4. Closely examined your job criteria toensure that you are not discriminated inselection decisions.

    4 6 2 4

    5. Offer extra pay and holidays to part 6 5 2 2

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    Q.14 Do you think you would benefit from the creation of a support groupwhere you could share your concerns about diversity-related issues with others inyour organization who may have similar concerns? Please explain.

    .....

    Q.15 Do you have any knowledge about the legislation and lawsuits provided for prohibitingdiscrimination among the employees?Yes ( ) No ( )

    Q.16.If yes, then about which laws are you aware about?

    - Age Discrimination Act of 1978 ( )

    - Pregnancy Discrimination Act of 1978 ( )- American with Disabilities Act of 1990 ( )- Civil Rights Act of 1991 ( )-Family and Medical Leave Act of 1993 ( )

    Q.17 Do you know if your organization has a diversity policy(example regarding hiring,promotion, retention)? If so, do you think your organization adheres to its diversity policy?Please explain.

    Q.18 What are the practices employed by the manager to reduce differences among theemployees?

    time workers.

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