Reduced costs associated with high turnover, absenteeism, and lawsuits.
Companies that foster a diverse workforce reduce turnover, absenteeism, and the risk of law-suits' Because family responsibilities contribute to turnover and absenteeism, marny companies now offer
child-care and elder-care benefits, flexible work arrangements, telecommuting, and part-time employment to accommodate employee responsibilities at home. Discrimination lawsuits are also a costly side effect of a discriminatory work environment. A racial harassment suit against Lockheecl Marttin Corporation cost the company $2.5 million, the largest individual racial-discrimination payment obtained by the Equal Employment Opportunity Commission.