The So What from BCG
What You Don't Know About a Quarter of Your Workforce
Jan 31, 2024
Many companies underestimate the number of employees with disabilities, which BCG research shows is actually 25%. The podcast explores the reasons behind this misperception and the consequences of hiding disabilities. It also highlights the impact of disability on the workforce, the need to address ableism in the corporate world, and strategies for creating an inclusive environment and supporting disabled employees.
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Quick takeaways
- The percentage of employees with disabilities is significantly higher than reported by most companies, with BCG research indicating that 25% of workers globally identify as having a disability or medical condition that limits a major life activity.
- Creating an inclusive work environment that accommodates disabilities not only benefits companies by improving employee productivity and reducing turnover costs, but also contributes to greater productivity in society, fosters innovation, and allows for better market products and services by utilizing the unique perspectives and insights of disabled employees.
Deep dives
High rate of disability under-reporting in the workforce
Most companies report a 4-7% disability rate within their workforce. However, new research from BCG indicates that the true percentage is much higher, with 25% of workers globally identifying as having a disability or medical condition that limits a major life activity. This under-reporting has significant implications for both individuals and businesses, leading to lower levels of inclusion and worse workplace experiences for those with disabilities. The study also reveals that these gaps can be closed through the implementation of the right strategies and interventions, enabling people with disabilities to have an equally positive work experience as their non-disabled peers.
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