Reference M-106
What is this?
Ethnic Diversity Ratio gives a reading of the organization’s ethnic composition. Ethnic Diversity can be calculated for the entire organization, for a branch of the organization or for a location, for example.
Why use it?
Ethnic Diversity Ratio helps manage workforce composition across the organization or within specific organizational units. The calculation can be applied to job types, locations and business units.
Relevant applications include – but are not limited to – hiring, compensation, promotions and terminations.
Many organizational entities have targets for minimum representation for certain minorities, and the ability to monitor this ratio will greatly help with compliance.
Required data:
Ethnicity Example: Caucasian, Asian, Hispanic.