How To Calculate Employee Diversity Ratio in ADP Workforce Now | Arithmix

Calculating employee diversity ratio is an important step towards building a diverse and inclusive workplace. It helps organizations understand the representation of different groups within their workforce and identify areas where they need to improve. While there are several ways to calculate employee diversity ratio, one of the most popular methods is using a simple formula.

The formula to calculate employee diversity ratio is:

Employee Diversity Ratio = (Number of Employees in a Specific Group / Total Number of Employees) x 100

For instance, if an organization has 100 employees, out of which 40 are women, the employee diversity ratio for women would be:

Employee Diversity Ratio for Women = (40 / 100) x 100 = 40%

Similarly, if there are 20 employees from a minority group, the employee diversity ratio for that group would be:

Employee Diversity Ratio for Minority Group = (20 / 100) x 100 = 20%

What Is Employee Diversity Ratio?

Employee diversity ratio is a measure of the representation of different groups within an organization's workforce. It is calculated by dividing the number of employees from a specific group by the total number of employees in the organization and multiplying it by 100. The resulting percentage represents the employee diversity ratio for that group.

Employee diversity ratio can be calculated for various groups, such as women, people of color, LGBTQ+ individuals, people with disabilities, and veterans. It helps organizations understand the diversity of their workforce and identify areas where they need to improve their diversity and inclusion efforts.

When Is It Valuable To Calculate Employee Diversity Ratio?

Calculating employee diversity ratio is valuable for organizations that are committed to building a diverse and inclusive workplace. It helps them understand the representation of different groups within their workforce and identify areas where they need to improve their diversity and inclusion efforts.

Employee diversity ratio can be used to set diversity goals and track progress towards achieving them. For instance, an organization may set a goal to increase the representation of women in leadership positions from 20% to 30% within a year. By calculating the employee diversity ratio for women in leadership positions at the beginning and end of the year, the organization can track its progress towards achieving the goal.

Employee diversity ratio can also be used to identify areas where an organization needs to improve its diversity and inclusion efforts. For instance, if the employee diversity ratio for people of color is significantly lower than the overall employee diversity ratio, it may indicate that the organization needs to improve its recruitment and retention efforts for people of color.

In conclusion, calculating employee diversity ratio is a valuable tool for organizations that are committed to building a diverse and inclusive workplace. It helps them understand the representation of different groups within their workforce and identify areas where they need to improve their diversity and inclusion efforts. By setting diversity goals and tracking progress towards achieving them, organizations can create a more equitable and inclusive workplace for all employees.

How Do You Calculate Employee Diversity Ratio in ADP Workforce Now

ADP Workforce Now itself isn’t naturally geared towards letting you calculate complex metrics like Employee Diversity Ratio. As an alternative, teams typically use products like Arithmix to import data from ADP Workforce Now and build out dashboards.

What is Arithmix?

Arithmix is the next generation spreadsheet - a collaborative, web-based platform for working with numbers that’s powerful yet easy to use. With Arithmix you can import data from systems like ADP Workforce Now, combine it with data from other systems, and create calculations like Employee Diversity Ratio.

In Arithmix, data is organized into Tables and referenced by name, not by cell location like a spreadsheet, simplifying calculation creation. Data and calculations can be shared with others and re-used like building blocks, vastly streamlining analysis, model building, and reporting in a highly scalable and easy to maintain platform. Data can be edited, categorized (by dimensions) and freely pivoted. Calculations are automatically copied across a dimension - eliminating copy and paste of formulas.

Arithmix is fully collaborative, giving your entire team access to your numbers and the ability to work together seamlessly.

Calculating Employee Diversity Ratio in Arithmix

Calculating metrics like Employee Diversity Ratio is simple in Arithmix. Once you've created your free account, you’ll be able to import your ADP Workforce Now data, and use it to create natural language formulas for metrics like Employee Diversity Ratio.

Arithmix is designed to give you the power to build any calculations you want on top of your ADP Workforce Now data, while also being easy to use and collaborate on. You can share your dashboards with users inside and outside of your organisation, making it easy to empower your whole team.