Rate of Staff From Minority Ethnic Groups
Percentage
Measures the percentage of employees from minority ethnic backgrounds in relation to the total workforce. A diverse workforce can lead to enhanced creativity, adaptability, and better representation of broader customer bases. Monitoring this rate ensures that the company is inclusive and reflective of the community it serves.
Formula
(Number of Employees from Minority Ethnic Groups / Total Number of Employees) x 100
Example
If a company has 200 employees and 60 belong to minority ethnic groups, the rate is 30%.