Comment on ADP has developed a workforce-diversity tool that lets you compare your company's progress with others

ADP has developed a workforce-diversity tool that lets you compare your company's progress with others

ADP's new dashboard lets companies benchmark the diversity of their workforce. nd3000/Getty Images ADP's new DEI Dashboard lets companies break down data by ethnicity, gender, age, and disability. Employers can also compare their company's makeup to others in the same industry or region. ADP told Insider that the dataset was the top-rated request by its clients. See more stories on Insider's business page. HR-tech company ADP has launched a new platform that lets employers compare their workforce's diversity to similar companies.The tool also lets companies see whether they're retaining and promoting employees from marginalized communities at the same rate as others.This development comes as the pandemic continues to widen healthcare, employment, and financial inequalities.The World Economic Forum said closing the global gender gap would take an extra 36 years, due to the impact of the pandemic, during which 5% of all employed women lost their jobs, compared with 3.9% of employed men.Meanwhile, staff have slammed BlackRock, McDonald's, and Salesforce for their slow progress in improving workplace diversity - and DEI executives told Insider's Marguerite Ward they're burning out amid the billion-dollar push to diversify corporate America.Read more: Verizon has pledged to spend 30% of its production dollars on minority-owned production companies, and has built a tool to vet its ads for biasThe Diversity, Equity, and Inclusion (DEI) Dashboard is part of ADP's DataCloud and lets companies break down data by criteria including employees' ethnicity, gender, age, disability, and veteran status. ADP's DEI Dashboard lets you track diversity trends over time. ADP ADP says the tool will help companies see the makeup of their employees and identify whether any diverse groups are underrepresented.The software also lets companies benchmark themselves against similar organizations using what ADP says is one the largest available sets of real workforce data.Jack Berkowitz, ADP's senior vice president of product development, told Insider that this is the first time such large-scale benchmarking tools have been made widely available on the HR-software market.ADP's DataCloud lets employers select comparison companies by industry, size, or location.

 

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