Recognized for Creating an Inclusive Workplace
WASHINGTON, D.C. (August 11, 2021) — Bozzuto has been named to the 2021 Seramount Inclusion Index (formerly known as the Diversity Best Practices Inclusion Index). Bozzuto was among the 78 organizations recognized for creating an inclusive workplace, receiving a 60 percent or higher score, amongst several national and international Fortune 500 companies.
The Inclusion Index helps organizations understand trends and gaps in demographic representation, creates a road map to drive internal change, and identifies diversity, equity and inclusion (DE&I) solutions to close the gaps. Organizations provided data and were measured in three key areas: best practices in the recruitment, retention and advancement of people from historically underrepresented groups—women, racial/ethnic minorities, people with disabilities and LGBTQ+ people; inclusive corporate culture, including leadership accountability; and demographic diversity for women and racial/ethnic minorities. This year, questions on how organizations are addressing racism were included in the survey.
“The need to address inclusion in the workplace continues to be a priority for corporate America,” says Katie Oertli Mooney, Vice President of Diversity Best Practices at Seramount. “Progress has been made, but we must remain steadfast in our efforts. We are proud to recognize our Inclusion Index companies for their dedication and for putting in the necessary work to effect real, sustainable change.”
Key findings from the 2021 Seramount Inclusion Index are:
- Recruitment, retention and advancement: Eighty-one percent of index companies require diverse interview slates (compared with 45 percent of companies on the 2020 index), and 66 percent require diverse panels of interviewers. Ninety-two percent provide training for recruiters in cultural competency in interviewing. Seventy-five percent of index companies consider gender, race and ethnicity in succession planning (compared with 59 percent of the 2020 Index companies).
- Inclusive corporate culture: Ninety-five percent of companies conduct pay-equity audits (of those, 84 percent audit for both gender and race/ethnicity), and 88 percent set representation percentage goals (compared with 65 percent of the 2020 Index companies). Ninety-four percent hold managers accountable for DE&I during performance reviews. Fifty-seven percent of Inclusion Index companies compensate managers for DE&I results (compared with 42 percent of 2020 index companies). In the year since the murder of George Floyd, many companies across corporate America have pledged to address racism within their organization: Seventy-three percent of Index companies have conducted anti-racism training, 99 percent have had organized discussions on racism (and of those 99 percent, 97 percent involved senior leaders), and 86 percent held employee focus groups.
Bozzuto is an experience-focused real estate company distinguished by their innovative developments, dedicated customer service, and top-rated workplace culture. With award-winning expertise in homebuilding, multifamily development, construction, and management, Bozzuto is devoted to delivering extraordinary experiences for those they serve.
Since their founding in 1988, Bozzuto has developed, acquired, and built more than 50,000 homes and apartments. Celebrating 33 years of creating sanctuary for their residents, Bozzuto currently manages 85,000 apartments and 3 million square feet of retail space along the East Coast, including Washington, D.C., Baltimore, New York City, Chicago, Miami, Philadelphia and Boston. The company recently announced its expansion to the West Coast. www.bozzuto.com
Seramount is a strategic professional-services firm dedicated to advancing diversity, equity and inclusion in the workplace. Over four decades, partnering with some of the most iconic companies in the world, we’ve built a deep, data-driven understanding of the employee experience, which lays the groundwork for everything we do. Our comprehensive DE&I toolkit includes actionable research and insights, membership, strategic guidance and consulting, and inspiring events, meeting each client’s needs no matter where they are on their journey, and guiding them along an ever-changing landscape. Seramount has empowered more than 450 organizations to realize the business benefits of diversity, equity and inclusion. Learn more at seramount.com.
Contact: Chintimini M. Keith
Vice President, Corporate Communications and Marketing