Message from Rangam Leadership Team

While progress has been made in including members of various diverse communities in the workforce, the 2024 EY US LGBTQ+ Workplace Barometer reveals that there's still room for improvement. The report highlights the growing LGBTQ+ community in the US, particularly noting the significant presence of Gen Z individuals who are six times more likely than Gen X to identify as LGBTQ+. As Gen Z is set to become 30% of the workforce by 2030, the report emphasizes the importance for employers to deepen their focus on LGBTQ+ inclusion, visibility, and engagement. The survey of 500 LGBTQ+ full-time workers in mid- and large-size organizations reveals that companies prioritizing inclusion can enhance psychological safety and belonging, leading to higher retention rates. Notably, the report suggests that improving LGBTQ+ employee retention by just 5% could result in annual savings of nearly $4.2 million for the average Fortune 500 company. The report also highlights generational differences, with Gen Z LGBTQ+ employees being more critical of their employers' LGBTQ+ inclusion efforts compared to other generations. Additionally, an intersectional approach is recommended, particularly focusing on racially and ethnically diverse LGBTQ+ employees who are more likely to face harassment and microaggressions in the workplace.

As ever, Rangam is steadfastly committed to supporting the LGBTQ+ community in finding gainful employment and building a future in which diverse skills and perspectives are valued and celebrated. LGBTQ+ individuals are encouraged to explore career opportunities at Rangam and join us in our mission to create a more inclusive and diverse workforce.