What you can do
Brand and reputation
- Demonstrate your commitment to diversity to your staff, community and clients.
- Network with employers in your sector, mark yourself out as a leader in your area and benefit from cross sector networking.
- Benefit from brand loyalty and access to the untapped LGBT market worth an estimated £70 billion a year by showing your support for the LGBT community.
- The public sector procurement market is worth 15% of GDP, or £220 billion (HM Treasury, 2010). The Equality Act requires private sector companies to demonstrate their diversity credentials in winning public sector contracts
Recruitment and retention
- Compelling evidence shows that people perform better when they can be themselves.
- Workplaces that are truly inclusive attract and retain staff who are more creative, productive and able realise their full potential.
- Ernst & Young (business linkage research 2013) concluded that businesses rated highly for diversity and inclusion report better results – 57% better team collaboration, 19% greater retention rates, 45% better chance of improving market share, 70% more likely of success in new markets .
- Being a Stonewall Diversity Champion would give access to a whole new talent pool through a free profile in the Starting Out Careers Guide. Promoting your inclusive workplace culture to Lesbian, Gay and Bisexual graduates and students. (Estimated value £2,500)
- Advertise job opportunities on Stonewall’s Proud Employers website - exclusive for Diversity Champions the webpage receives 60,000 visitors per year.
- Receive support in effectively engaging with all staff about the importance and effectiveness of diverse workplaces – advice on internal communication and signposting towards examples of good practice and innovation.
- Facilitate staff development through Stonewall’s Role Models and LGBT Allies programmes.
- Avoid bottom-line costs for employers in legal fees, recruiting, inducting and training new staff, and regaining the trust of key stakeholders. So far, £120,000 is the largest sum awarded by an employment tribunal for sexual orientation discrimination. There is no limit to the amount that can be awarded.
- Equality Act - all publicly funded bodies must show how they proactively consider the needs of LGBT staff and service users.
- In Wales, the new Public Duties mean employers must set clear equality goals as well as work with the LGBT community and collect data on their performance.