06/17/2022
29.8% of LGBTQ+ employees experienced some form of discrimination (including being fired or not being hired) because of their sexual orientation or gender identity, says a 2021 study by the Williams Institute at UCLA; with reports of negative comments, slurs or jokes about LGBTQ+ people at work, by a staggering 67.5% of LGBTQ+ employees! All of which point a finger at a non-inclusive workplace!
Given that 5.6% of adults in the U.S. identify as LGBTQ+, as indicated by a 2021 Gallup study, so statistically there would be around 560 employees in a 10,000 strong workforce who identify as LGBTQ+, of whom, around a quarter or about 144 are not out to anyone at work. A recent Forbes study shows that hypothetically, the 15 minutes spent by this small group in a non-inclusive organization, per day, either educating people on LGBTQ+ inclusion, or masking their real identity, would translate into 65 hours spent per person per work year, resulting in a quarter of a million dollars of Company money, being expended by 144 employees, on doing something which they shouldn’t have be doing in the first place!
In fact, extrapolating these figures, $2 billion would reportedly be the colossal hidden cost being forked out by US employers as a whole on this account! Reduced talent attraction, a smaller recruitment pool, lower levels of engagement, higher levels of attrition, and decreased innovation are some of the adverse add-ons to this already unwanted hefty bill to employers, for failing to create an inclusive space for LGBTQ+ employees!
The negative financial impact of exclusion in a workplace, rarely trains the lens on the unique circumstances of members of the LGBTQ+ people, who are the ‘invisible minority’ who can pass as straight and/or cisgender. The same Forbes Report indicates the likelihood of more than 5.6% of the population being LGBTQ+ who are not self-identifying on surveys, with the number of closeted LGBTQ+ people being likely to be higher than 25.8%. So choosing to ignore the data reality and the necessity of fostering dignity and respect in the workplace is a disastrous mistake- both morally and for business too!
Acting as allies in support of our LGBTQ+ colleagues — even in their absence — increases the visibility of inclusive behavior and helps create a welcoming space where LGBTQ+ folks can be their whole self at work, and bring their best to the table!