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Presenter: Juandi Hu
Supervisor:

Date: Mon, March 21, 2022
Time: 14:30:00 - 15:30:00
Place: via Zoom - please see link below

ABSTRACT

Zoom link: https://uvic.zoom.us/j/83346669246?pwd=ZWsrRTJwWU54aWZqZEZaWndKUDNZdz09

Meeting ID: 833 4666 9246

Password: 029242

Note:  Please log in to Zoom via SSO and your UVic Netlink ID

Summary: Achieving a high level of diversity and equity among different gender/ethnic groups is of critical importance to the success of any organization. There are limited quantitative metrics for their effective evaluation. Gender/ethnic group proportion is commonly used to characterize diversity, whereas the mean/median salary of groups is typically applied to equity analysis. In the report, we propose several new metrics for diversity and equity quantification. In particular, we introduce proportion variance to capture how group proportions within an organization vary from the general population. We also define generalized income factor (GIF) to take into account the proportion of different groups in different salary levels. Finally, we propose income-weighted proportion (IWP) to jointly characterize diversity and equity. To demonstrate the effectiveness of these metrics, we analyze two organizations using publicly available datasets. We show that the new metrics can offer new insight into the diversity/equity performance and serve as a valuable tool to continuously monitor these crucial aspects of an organization.