Involvement of Stakeholders in Diversity Policy

1 Name of the student Name of the university Author Note 2 Diversity at workplace is all about creating an inclusive environment, accepting individuals’ differences, allowing each and every employee to achieve their full potentials, which in turn gives the good return to any organization. A diversified workforce includes people from various numbers of categories like religion, culture, sexual orientation, customs, language spoken, skills and abilities etc. To achieve all those benefits of diversity at workplace, a diversity policy is required . Diversity policy is a written document that sets the company commitment to promote equality and diversity. It demonstrates how company is respecting values and standing against any discriminatio n. Why dive rsity policy in Australian startups: (a) In Australian startups the pursuit of gender equality has shifted from social matter to a serious matter, now many startups and accelerators programs are focusing to bring more new diverse workfo rce to promote gender equality (b) Many small and big companies like Accenture, Telstra etc have increased their diversity based on various principles such as gender equality, focusing on enablement from person with disabilities, encouraging cultura l and indige no us people in the workforce etc (c) Australia is a land of diverse population so in any organisation it is utmost important to have diversity so as to encourage inclusio n and avoid biasness Ste ps involve d in drafting dive rsity policy: Research – Primary research among the stakeholders like e mployees, investors etc conducted to determine the diversity at the company. To understand the requireme nt of diversity policy. 3 Source of the information – For secondary research to understand the framework and compliances needed to document diversity poli cy, Information derived from the government regulatory and law bodies like law council of Australia, Commonwea lth bank frameworks etc. Involvement of stakeholders in diversity policy – Next step is to determine the inclusion and role of stakeholders in diversity policy formulation. In this case employees, senior executives and manageme nt have been considered. Documenting and implementation – Next step is documenti ng and implementation of poli cy, In this step stakeholders involved must take create or change the favorable organizational structure, communicate the requirement of policy, creating a formal plan or documentation emphasizing the objectives and operations. Di versi ty Pol i cy It is the policy of our company to control and manage the operations with a positive awareness of the spirit and intent of Anti -discrimination and provide equal opp ortunity laws. Our company also commits continuous effort to ensure equal opportunities and diversity for every employees regardless of thei r: race, color, gender, marital status, religion, caste, physical disabilities, sexual preference and orientatio n. Obje ctive The objective of this policy is to provide a framework which specify the workplace diversity and inclusion and assist our objectives of having diverse and engaged workforce. We strive to deliver the diversity of our people and the services provided to customers 4 Principle s This policy and its initiatives are aided by principles developed to show the key priorities of our company such as:  Value diversity and inclusion through promoting the diversity and creating an environme nt which values diverse opinions, ideas and knowledge  Accessible opportunities through career employment and career development program free from any barriers encouraging flexib le and productive employees  Model Australian workplace through encouraging a workplace that accepts diversity and inclusio n reflecting the picture of Australia n community Workplace dive rsity policy focus are as To ensure diversity following areas have been focused at all points of employment life cycle as well as other engageme nt with external stakeholders  Equal employment through providing employment opportunities equally to each and every citizen, this will be achieved by incorporating diversity employment strategies into business strategies  Providing engagement and accessibility will be achieved by making a commitment to establish equity and fairness when dealing with any stakeholders  Valuing workplace diversity through supporting diversity groups such as old age workers, people with disabilities, LGBT people 5 Stake holde rs invol ve d  Senior executives  Business manageme nt review  Employees Imple me ntation Action plans guide the initiatives that will be implemented to meet the principles, objectives and focus areas like assessment of diversity in workforce Re vie w and re porting of the policy The initiatives supporting the policy will be monitored and reviewed annually. The outcome will guide the development of new policies and action plans. A s ystem of feedback through employees surveys or suggestions would create a better understanding on how employees feel about diversity policies. Le gislation Following commonwea lth act provides legal framework  Age discrimina tio n Act 2004  Disability Act 2005  Human rights and equal opportunity act 1986  Racial discrimina tio n act 1975  Sex discriminatio n Act 1984  Workplace relations Act 1996