{"id":6536,"date":"2024-06-11T03:11:00","date_gmt":"2024-06-11T03:11:00","guid":{"rendered":"https:\/\/www.brightmine.com\/us\/?post_type=resources&p=6536"},"modified":"2025-04-17T15:53:51","modified_gmt":"2025-04-17T15:53:51","slug":"lgbtq-inclusive-benefits-reaps-rewards","status":"publish","type":"resources","link":"https:\/\/www.brightmine.com\/us\/resources\/hr-strategy\/inclusion-belonging\/lgbtq-inclusive-benefits-reaps-rewards\/","title":{"rendered":"Providing LGBTQ+ inclusive benefits reaps rewards"},"content":{"rendered":"\n
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Providing LGBTQ+ inclusive benefits reaps rewards<\/h1>\n\n\n\n

Supporting the gender and sexual diversity of the workforce can help you attract and retain top talent and create a welcoming culture. Learn how to do this through LGBTQ+ inclusive benefits.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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Published: June 11, 2024 | by Sarah Peterson Herr<\/strong>, Legal Editor at Brightmine<\/p>\n\n\n\n

Supporting the gender and sexual diversity of the workforce makes good business sense<\/a>. LGBTQ+ identification in the US continues to grow, with 7.6% of US adults now identifying as lesbian, gay, bisexual, transgender, queer or some other sexual orientation besides heterosexual. According to Gallup<\/a>, this figure is up from 5.6% four years ago and 3.5% in 2012. This growth is due in large part to the fact that Gen Z<\/a>, those born between 1997 and 2012, are six times more likely<\/a> than their Gen X counterparts to identify as LGBTQ+. With Gen Z set to become 30% of the workforce by the year 2030, employers must significantly increase focus on LGBTQ+ inclusion.<\/p>\n\n\n\n

Benchmark data collected by Human Rights Campaign Foundation (HRCF)<\/a> on LGBTQ+ inclusive benefits, policies and practices demonstrates that being an LGBTQ+ friendly workplace positively impacts a company’s recruitment, retention, engagement and revenue.<\/p>\n\n\n\n

The United States Chamber of Commerce<\/a> reported that the presence of LGBTQ+ supportive policies is associated with increased productivity, increased profitability and higher firm valuation. Likewise failing to provide HR support for transgender, nonbinary and LGBTQ+ employees can come with real bottom-line consequences.<\/p>\n\n\n\n

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In this resource:<\/h2>\n\n\n\n