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Illustration: Brendan Lynch/Axios

Despite promises of building more equitable workplaces, the newest Diversity and Inclusion report from Glassdoor shows the reality is still far off — especially for LGBTQ+ employees who report less satisfaction at work.

Why it matters: Companies have been on a hiring frenzy for chief diversity officers in the year since George Floyd's murder, but workplace perception is not changing on pace with the effort.

What they did: Glassdoor looked at companies with at least 25 reviews from LGBTQ+ workers, a self-identifying feature that it launched in September.

  • Across all companies that more than 3,000 LGBTQ members rated, the overall average was 3.27 stars out of 5 — lower than the overall average (3.47) for non-LGBTQ+ employees.

What they found: Six out of the 10 companies that Glassdoor examined saw LGBTQ+ employee satisfaction lower than their overall ratings.

  • LGBTQ+ employees at Walgreens, Apple, Kroger and McDonald's, however, rated the four companies higher than non-LGBTQ+ employees.
  • At the bottom of the inaugural list were Wells Fargo, Amazon and Walmart. The three had the biggest discrepancies between overall satisfaction ratings of LGBTQ+ and non-LGBTQ+ employees.

What they're saying: "It's the employer's responsibility to educate themselves and to deliver the most equitable benefits as possible," Scott Dobroski, VP of corporate communications and a member of Glassdoor’s LGBTQ+ employee resource group, tells Axios.

  • "As someone who is part of an underrepresented group, I also encourage everyone to ask for what they want."

The reality: "Employees who face onlyness across multiple dimensions face even more pressure to perform," McKinsey wrote in a 2020 research report. And yet they also feel they face greater barriers to advancement.

  • LGBTQ+ women, for example, are vastly underrepresented in corporate America, increasing the stress they feel when they are the only one on a team or at a company with their gender identity, sexual orientation or race.
  • Transgender people specifically are more likely to see their gender or orientation as a barrier to career progression — as they are much more likely to hear demeaning comments and sexist jokes and to frequently consider leaving companies because of feeling isolated at work, the McKinsey report notes.

Go deeper

Aug 20, 2021 - Axios Twin Cities

Twin Cities employers navigate return to office amid Delta's spread

Illustration: Brendan Lynch/Axios

Companies that push too hard to bring employees back to the office are at risk of losing workers. But so are companies that move to an all-remote model.

Driving the news: Some of the Twin Cities’ biggest employers — Target, U.S. Bank and Wells Fargo — have delayed their September return-to-office plans due to concerns about the Delta variant.

  • Meanwhile, others are still plotting to bring workers back Sept. 7.

The intrigue: How employers handle their return to office is a big factor in how they fare in the so-called “great resignation” that could result in 25% to 40% of employees nationwide quitting their jobs, according to surveys.

  • "I keep hearing from employers that they're sticking to their plan of coming back to the office. And my response to them is, 'Do you realize you're going lose about 10% to 15% of your people?' I don't know what the actual number is, but a certain segment of their employee base doesn’t want that," said Paul DeBettignies, a Twin Cities-based IT recruiter.

State of play: 51% of Minnesota companies are planning to hire for new jobs and another 48% are planning to fill vacant positions, according to a survey by human resources consulting firm Robert Half. In other words, almost every company is looking for workers.

  • "It's a situation where the employees — the talent — are holding a lot of cards that they haven't in prior years," said Kyle O’Keefe, Robert Half's senior regional director for Minnesota.

Between the lines: The 20-something workers are more likely to want to return to the office so they can be seen and advance their careers, DeBettignies said. The mid-career, established professionals are less interested in in-person work.

  • "I hear companies saying, particularly in the tech space, that we're going remote-only. They've got space but employees either don’t need to come in or they come in twice a month," he said. "I try to remind those folks they're probably going to lose 5% to 10% of their people. Because not everybody wants to work for a remote-only company."

The bottom line: Robert Half surveyed employees nationally in April and found that 34% currently working from home due to the pandemic would look for a new job if they were required to be in the office five days a week.

  • "The organizations that remain nimble and flexible will be able to retain, attract and engage their workforce," O'Keefe said. "I would hesitate on bringing some sort of one-size-fits-all approach."
Kate Marino, author of Markets
Aug 20, 2021 - Economy & Business

Employers grapple with fallout from the Great Resignation

Expand chart
Reproduced from PwC U.S. Pulse Survey Report; Chart: Axios Visuals

Companies want to protect themselves from the impact of employees leaving in droves.

Driving the news: In PwC's latest U.S. Pulse Survey, nearly half of executives said they want to reduce their dependence on employees’ institutional knowledge.

Updated 16 mins ago - Politics & Policy

Omicron dashboard

Illustration: Shoshana Gordon/Axios

  1. Health: Omicron is finally burning out — It's very difficult to get access to antiviral COVID treatments — Axios-Ipsos poll: Omicron's big numbersAnother wave of death — FDA limits use of Regeneron and Lilly antibody treatments.
  2. Vaccines: Pfizer begins clinical trial for Omicron-specific vaccine — The shifting definition of fully vaccinated.
  3. Politics: Navy discharges 45 sailors for refusing vaccine — Spotify to remove Neil Young's music after his Joe Rogan ultimatum — New York Supreme Court grants stay for indoor mask mandate.
  4. World: U.K. to lift travel testing requirement for fully vaccinated — Beijing Olympic Committee lowers testing threshold ahead of Games.
  5. Variant tracker