Diversity, Equity, and Inclusion (DEI) efforts and initiatives are running rampant in woke corporations. For many companies, this is the answer to winning none existent social points with their shareholders, so they are investing millions of dollars in this strategy. According to McKinsey, $8 billion is spent annually on diversity training in the United States. Intel alone spends $300 million on diversity efforts over the course of five years.
Resume Builder surveyed 1,000 hiring managers across the US, and their results were sobering. One out of six hiring managers have been told to stop hiring white men. According to the study, it said that 52% actually believe that their company practices "reverse discrimination" in hiring practices, 48% have been asked to prioritize diversity over qualifications, and 70% believe their company implements DEI initiatives for appearance's sake.
Unfortunately, it also found that 53% of hiring managers believe their jobs will be in danger if they don't hire enough diverse employees.
This is not what a healthy company culture looks like. Diversity, Equity, and Inclusion efforts negatively impact the company's bottom line. Gallup released their State of the Global Workplace for 2022. It found that 60% of people reported being emotionally detached at work and 19% as being miserable. Woke DEI strategies are producing fewer engaged workers. Fewer engaged workers mean less productivity.
Workers who aren't productive are less profitable for their business. Business units with engaged workers have 23% higher profit, while employees who are not engaged cost the world $7.8 trillion in lost productivity, equal to 11% of global GDP.
If companies are going to obsessively drive practices that are going to divide their workforce, they are going to lose out in the long run. That is where RedBalloon.work and its thousands of "non-woke" companies can help. The companies on RedBalloon want to work without the distractions of woke ideologies destroying their workers' productivity.