Now lemmy is flooding me with corporate propaganda? Good on the company for doing the right thing, but when I see this same headline in multiple communities on here, it reminds me of reddit.
Is it propaganda, though? How about we celebrate the few nice things going for us and just enjoy it for a second. We should be praising this regardless of our ideals because the world is very far from ideal.
Yeah, it probably is propaganda. Costco has been doing some cartoonishly shitty union busting recently for which they received a ton of backlash. Now, suddenly, we're all supposed to be on their side because they said "DEI is good"? IDK, it might just be me, but that rings a bit hollow from a company that has a long (and very recent) history of doing shit like "changing the locks on union bulletin boards so the reps can't put up any notices".
Trying to Save Yourself from Discrimination Lawsuits is WOKE and BAD BUSINESS! REAL American Companies OPEN themselves UP to Discrimination Lawsuits WILLINGLY!
The top three are index funds basically which is not really private equity in the colloquial sense. A lot of people's retirements and savings are held by vanguard, blackrock and state street.
These are not the same firms behind the proposal though. I know some of the funds listed like Blackrock and State Street have supported DEI at least in the past and have been targeted by the far right for that reason.
I mean it sounds like DEI is about using the best talent available. Instead of narrowing your options. So DEI will become too expensive when the playing field is even.
Yes, that is my problem with it. DEI is about finding the best talent at the cheapest price point. This means if a man and a woman can do the same job. They will have them both do the same job but will not pay the women as much as the man.
This is better than keeping the woman as a secretary instead of an engineer, but it isn't helping anyone, it's just underpaying women and other minorities.
It's a capitalist system. Everything a company does is about its bottom line. Especially a publicly-traded company, which has no legal choice in the matter.
I work in a DEI company, there is no quota. They just want to higher cheap immigrant labor where they can get away with it and make their minority and women workers more productive by making them feel like they are cared for.
Why would a company voluntarily do something that would make it unpopular and lose money?
DEI is about improving diversity and preventing racial bias in the hiring process (which very much exists because people are people). It's not about helping poor people.
Regardless of its positive benefits, don't kid yourself. Companies implement DEI because it keeps their workspace more fluid and open to staff turnovers, specially from international hires. Not only will more hires go into a company they see won't have racial barriers for progression, but companies are less likely to have close-knit groups of locals unionizing to deal with when they make sure they aren't the sort of groups that typically interconnect socially. The change in the job dynamic also feeds into the growth of the alt-right and the clashing of the social bubbles of those comprised by locals versus those comprised by immigrants. Take the Netherlands, a DEI success story with a population that is veering far to the right.
DEI is good, but CEOs couldn't care less. It's good to keep this in mind when answering questions like "Are the jobs AI is automating by the dozen adding diversity, or are they going to enable companies to become more regressive to the whims and fancies of their CEOs?"
It's not that it's such a great act in itself, it's no where near enough.
But.
This is a significant win as a large, profitable and respected company is seen to be doing something so insignificant and get such good marketing results. This is the best kind of encouragement we can give to the souless retail machine 😉
And yes... "We will sing your praises if you just follow basic laws" is a pretty low bar, but here we are 😄
Sort of. These policies are really a mixed bag. A lot of fire departments in the 90's were doing affirmative action things and wound up having to stop because it was getting people hurt and things were burning.
Turns out if there's a job that's actually important, you should probably hire the best people for the job. Not the best "of certain demographic" that applied.
That's been disproven multiple times. The issue was the fire departments were not training the Probies with any real HOT because they didn't want them.