Benchmarking DEI
A Roadmap for Inclusive Innovation & Growth
DEI in European Tech Benchmark Report 2024
Diverse Leaders in Tech proudly present the 2024 edition of the DEI in Tech Benchmark Report. It provides invaluable insights into the state of DEI across the tech sector. This report is designed with business impact at its core and aims to provide you with data that sparks change – and drives action.
Key insights:
Psychological Safety Leads the Way
91% of respondents say their companies create safe spaces for employees to express authenticity.
87% encourage open communication, offering safe ways for employees to voice issues and concerns
Increasing awareness within the industry about psychological safety is a positive trend. Companies are now recognizing the crucial role of fostering cultures of belonging and addressing issues like discrimination, racism, and harassment in the workplace.
Opportunity for Improvement: Accountability
Over 70% of respondents don’t have systems in place to hold employees accountable for DEI behaviors.
Clear, measurable outcomes and alignment when goals aren’t achieved are crucial in addressing this issue. By enhancing accountability, companies can effectively move from awareness to implementing practical applications for their DEI goals.
Room for Growth: DEI as an Enabler
Nearly half of companies (53%) don’t have a DEI strategy in place, limiting the possibility of alining DEI with business goals.
Only 8% have fully integrated DEI into performance reviews and promotions.
Building DEI into business practices is key for making this a higher priority and sharing responsibility across the board. Boosting accountability in this area can significantly enhance their DEI outcomes, ensuring these efforts are fully integrated into their operational framework and strategic planning.
Analyzing & Implementing Demographic Data Lags Behind
51% of respondents capture and store demographic data, primarily on gender but miss other key identifiers.
63% don’t analyze career advancement by demographics.
By focusing only on gender, critical aspects like race, ethnicity, sexual orientation, and diverse abilities are overlooked. Expanding the types of data collected could give companies a better understanding of their workforce, fostering a more inclusive environment. Neglecting this broader data scope can create blind spots, hindering diversity efforts and limiting insights into employee needs, potentially impacting business performance.
Moving Beyond Assumptions and Beliefs
Only 10% of companies have concrete evidence showing their progress in achieving DEI goals.
This underscores the importance of adopting a fact-based approach when assessing DEI impact. Validating these perceptions with measurable evidence is essential, and establishing clear KPIs to track progress represents the critical first step in making this shift.
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