How To Calculate Employee Diversity Ratio in Oracle | Arithmix

Calculating employee diversity ratio is an important task for any organization that values diversity and inclusivity. The process involves analyzing the composition of your workforce and determining the percentage of employees from different demographic groups. This information can be used to identify areas where diversity is lacking and to develop strategies for improving diversity and inclusion in the workplace.

What Is Employee Diversity Ratio?

Employee diversity ratio is a measure of the diversity of your workforce. It is calculated by dividing the number of employees from a specific demographic group by the total number of employees in the organization. For example, if your organization has 100 employees and 20 of them are women, the employee diversity ratio for women would be 20/100 or 0.2.

There are many different demographic groups that can be used to calculate employee diversity ratio, including gender, race, ethnicity, age, and sexual orientation. By analyzing the diversity of your workforce across these different groups, you can gain a more comprehensive understanding of the makeup of your organization.

When Is It Valuable To Calculate Employee Diversity Ratio?

Calculating employee diversity ratio is valuable for any organization that is committed to promoting diversity and inclusion in the workplace. By understanding the composition of your workforce, you can identify areas where diversity is lacking and develop strategies for improving diversity and inclusion.

Employee diversity ratio can also be useful for tracking progress over time. By calculating the ratio on a regular basis, you can monitor changes in the diversity of your workforce and determine whether your diversity and inclusion initiatives are having an impact.

Finally, employee diversity ratio can be a valuable tool for benchmarking against other organizations in your industry. By comparing your diversity ratio to that of other companies, you can gain insights into best practices and identify areas where you can improve.

In conclusion, calculating employee diversity ratio is an important task for any organization that values diversity and inclusion. By understanding the composition of your workforce and tracking progress over time, you can develop strategies for improving diversity and creating a more inclusive workplace.

How Do You Calculate Employee Diversity Ratio in Oracle

Oracle 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 Oracle 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 Oracle, 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 Oracle 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 Oracle 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.