The DEI Myth

As we’re sure you know, DEI stands for Diversity, Equity and Inclusion.

And you might be wondering how a small business like yours is going to afford in time and money the staff to develop such programs.

As a small business, we are of the opinion that DEI programs aren’t something you need to worry about because the Feds aren’t going to get around to enforcing them on small business.

So, continue to work with a meritocracy on your promotions, which is the spirit of DEI without all the commotion. If you have someone in your company who’s especially keen on DEI, you might take them aside and find out why that person thinks your company needs such a program.

There might be internal changes in promotion, hiring and other policies and procedures that will get rid of the problem.

If you’re a larger company, say over 500 employees, then you probably need to develop DEI programs, or at least be seen to be developing them. Personally, we think they’re a flash in the pan, not to be seen much after 2024.

We are sure that you can find consultants to design such DEI programs if you really want to do them. Our guess is that they’ll cost upwards of $100,000.

So, as we often say, review what’s going on and even discuss it with your employees. Point out to them the other ways you have to spend money.