What is equity, diversity and inclusion?
EDI or DEI are the policies and programs that encourage representation, participation and engagement of diverse groups of people.
Equity
Equity is about fair treatment, equal possible outcomes, and fairness in access to information and resources for all. It is recognizing that people start from different places depending on the advantages or barriers they’ve faced.
Diversity
Diversity is the representation of all our varied identities and differences (race, ethnicity, gender, disability, sexual orientation, gender identity, national origin, tribe, caste, socio-economic status, thinking and communication styles, etc.), collectively and as individuals.
Inclusion
Inclusion relates to the quality of the human experience. It's about building a culture of belonging by actively inviting the contribution and participation of all people and an understanding that no one person can or should be called upon to represent an entire community.
Why we choose to use EDI rather than DEI?
We believe that order matters. The choice between EDI ( Equity, Diversity and Inclusion) and DEI (Diversity, Equity and Inclusion) is about emphasizing the importance of equity, which tends to get left out. To leverage the full potential of their workforce, organizations must also focus on equity. Even with diverse and inclusive programs and policies, talents from different backgrounds may not be fully-engaged.
Pay equity is important, but not enough.
Understanding the importance of equity starts with recognizing that equality and equity aren’t the same. While equality is about treating everyone the same, equity is more about realizing that because people aren't always on equal footing to start with, equal treatment can, in fact, perpetuate inequality. Especially when some members of an organization’s workforce face barriers to their success and others do not.
How we help organizations build equitable employee finance programs.
Our all-in-personal finance app is built to reduce the barriers that communities of color face in achieving financial security.
Digital Personal Finance Guide
A digital personal finance guide that is accessible and at your finger tips. Helps you track your financial health, build financial plans and feel more confident about your financial future.
Learn MoreHighly customizable financial literacy program
Build the financial knowledge to make the right money decisions. Explore our articles, infographics, videos, personal finance courses, financial planning calculators and tools. Personalize your experience to reflect your financial situation.
Learn MoreBudget Planner
Take control of your finances. Create a budget, track your expenses and set spending limits.
Learn MoreSave with Friends and Family
This is a great way to build strong saving habits and boost your credit score. Saving in groups means you are accountable to the group, which helps you stay on track.
Learn MoreSave for financial goals
Plan ahead for life milestones. Save for emergencies and upcoming major expenses so they don't derail your long-term financial aspiration
Learn MoreLong-term investing to build wealth
Invest with a proven investment strategy. Let's help you build diversified portfolio of stocks and bonds that reflect your risk profile, and maximizes your returns while minimizing your losses
Learn MoreTop Featured Blog Posts on equity, diversity and inclusion
Best Practices For DEI in the Workplace
The new fancy acronym that has taken the job landscape by storm is DEI. Not a day goes by without it being discussed in both electronic and print media, but what is DEI? Why does it matter? And what are some of the ways to better implement it? Also, what are some best tools to assist in facilitating DEI at the workplace? These and more would be discuss in the subsequent paragraphs.