Update: Economic Motives for Adopting LGBT-Related Workplace Policies

By Brad Sears, Christy Mallory
October 2011

Updated Report:
Sexual Orientation and Gender Identity Non-Discrimination Policies of the Top 50 Federal Contractors and the Top 50 Fortune 500 companies, 2013
(May 2014)

The past decade has seen a large increase in the number of corporations adopting LGBT-related workplace policies.  This study evaluates the economic impact of non-discrimination and benefits policies by analyzing the extent to which economic reasons motivate corporations to adopt such policies.  This study reviews statements issued when adopting such policies by the top 50 Fortune 500 companies and the top 50 federal government contractors.  Overall, we find that almost all of top 50 Fortune 500 companies and the top 50 federal government contractors (92%) state that, in general, diversity policies and generous benefit packages are good for their business.  In addition, the majority (53%) have specifically linked policies prohibiting sexual orientation and gender identity discrimination, and extending domestic partner benefits to their employees, to improving their bottom line.

Click here for the full report. (October 2011)

Click here for the press release. (October 2011)

Click here to read all corporate statements reviewed for this report.

Previous Reports:

Sexual Orientation and Gender Identity Non-Discrimination Policies of the Top 50 Federal Contractors and the Top 50 Fortune 500 companies, 2011 (April 2013)

Click here for press release. (April 2013)

Click here for “Report Update:  Sexual Orientation and Gender Identity Non-Discrimination Policies of the Top 50 Contractors, FY 2011″ (April 2012)