A diverse workforce helps the company better understand and serve its customers. In addition, studies have shown that companies with diverse workforces tend to outperform those without them. Since its inception, Walmart has been a company that has championed diversity. In fact, one of the company’s core values is “respect for the individual.” This value is evident in Walmart’s commitment to diversity and inclusion in the workplace. Walmart’s workforce is diverse, with employees from a variety of racial, ethnic, and cultural backgrounds. The company has made concerted efforts Walmart has been recognized as a leader in diversity and inclusion by several organizations. The company has been named one of the “Best Places to Work for LGBTQ Equality” by the Human Rights Campaign for eight years in a row. In 2018, Walmart was also named one of the “Top 50 Employers” by Working Mother magazine and one of the “100 Best Companies” by FORTUNE magazine.
Walmart’s efforts to promote diversity and inclusion are evident in its workforce. According to the company’s website, Walmart employs 2.2 million people in the United States, which includes a diverse range of backgrounds and cultures (Elhindwan & Nobanee, 2020).. The company also has several programs and initiatives in place to support its employees. For example, Walmart offers a multicultural business resource group for employees who want to network and connect with others who share their backgrounds or interests (Srikant, Pichler & Shafiq, 2021). This group provides an opportunity for employees to learn from each other and grow professionally.
Walmart’s commitment to diversity and inclusion is evident in its policies and practices. The company has a comprehensive equal employment opportunity policy that prohibits discrimination based on race, color, national origin, sex, disability, age, sexual orientation, gender identity, or other protected characteristic (Srikant, Pichler & Shafiq, 2021). For instance, Walmart provides training for all employees on diversity and inclusion. The company also offers flexible work arrangements to accommodate employees with diverse needs. In addition, Walmart has several programs and initiatives in place to support diversity and inclusion in the workplace. According to Olewiler (2019) these include unconscious bias training for all associates, a supplier diversity program, and a global diversity and inclusion strategy.
Walmart’s commitment to diversity extends beyond the workplace. The company is also a leading supporter of multicultural initiatives and organizations that promote diversity (Srikant, Pichler & Shafiq, 2021). For example, Walmart is a founding sponsor of the National Multicultural Western Heritage Museum. This museum is dedicated to preserving and celebrating the contributions of multicultural groups to the American West. Walmart is committed to promoting diversity in all aspects of its business. Also, Walmart’s commitment to diversity is evident in its philanthropic efforts. The Walmart Foundation has awarded more than $1 million in grants to support diverse communities. These initiatives include programs that promote workforce development, education, and economic opportunity (Kroger, 2021). The Walmart Foundation is also a leading supporter of the United Negro College Fund. This organization provides scholarships and financial assistance to minority students.
Conclusively Walmart is a company that is committed to diversity and inclusion in the workplace. The company has made concerted efforts to promote a diverse and inclusive environment. These efforts are evident in Walmart’s workforce, policies, and practices. The company is also a leading supporter of multicultural initiatives and organizations that promote diversity.
Reference
Bhaskaran, R. K., Ting, I. W. K., Azizan, N. A., & Yelubolu, K. V. (2020). Determinants and market performance of Fortune 100 best companies: evidence from Islamic perspective. Journal of Islamic Accounting and Business Research.
Elhindwan, A. A., & Nobanee, H. (2020). Working Capital Management Ratios of Walmart. Ratio, 2019(2018), 2017.
Kroger, Walmart unveil funding recipients for racial equity initiatives. (2021, February 2). Grocery Dive.
Olewiler, B. (2019). Exploring Diversity in the Workplace.
Srikant, C., Pichler, S., & Shafiq, A. (2021). The virtuous cycle of diversity. Human Resource Management, 60(4), 535-558.
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