Representation Matters: Our CDEI Midyear Report (2024)

Last year was pivotal for our country. It forced us to sit in an uncomfortable state of self-examination individually and collectively. In turn, we made conscious decisions to change. To do better. But change doesn’t come easy, does it? Social systems that create inequity have been built over decades, so dismantling and rebuilding for the betterment of all people won’t happen overnight. We are on a journey.

We often fixate on big acts of change – the splash we create when we toss a rock into the pond. But we must recognize that small actions, repeated over time, are equally important. They’re the pebbles that create ripples and waves that transcend beyond a moment in time and create lasting change.

Today, we published our 2021 Mid-Year Culture, Diversity, Equity & Inclusion Report. Within the report you’ll see actions big and small, each representing an important step in our journey.

While all of the work is critical, here’s what stands out to me:

Our focus on representation in the workplace is unwavering.

  • We’ve added new insights specific to age representation. The average age of our U.S. workforce is 38.32, while the largest percentage of associates is 20-24, suggesting Walmart is a place for those starting their careers.
  • We’ve achieved incremental gains in representation for People of Color, specifically with Black and African American associates. In fact, People of Color represented 55.47% of U.S. new hires.
  • We also achieved representation gains across management. When you look at our U.S. promotions from hourly roles to management, 44.61% were women, 38.80% were People of Color and 17.38% were Latinx.
  • Latinx and Asian representation in the total workforce also rose.

Supporting women in the workplace is critical. The data in our report suggests what we’ve known for a while – Across most industries, women are leaving the workforce at unsettling rates, in large part due to constraints of the pandemic.

  • In the U.S., we saw a -0.98% decline in employment rates for women overall since Jan. 31, 2021, which is also reflected in national trends.
  • Despite the decline in hourly and management women representation, U.S. Officer-Women representation is up 1.14% since Jan. 31, 2021.

We have a global opportunity to advance equity and inclusion for people with disabilities.

  • In May, we announced the formation of our Accessibility Center of Excellence to continue to push for progress inside and outside our walls.
  • Walmart has long been committed to supporting people with disabilities, which I believe is evidenced by our score of 100 on the 2021 Disability Equality Index for the sixth consecutive year.

We will continue to build programs and provide resources aimed at bridging the gaps in our social systems. We cannot let perfect get in the way of progress. We’re doing the work – big and small – focused not only on the splash, but also the ripples and waves that will create everlasting change.

Representation Matters: Our CDEI Midyear Report (2024)

FAQs

Why does representation in the workplace matter? ›

It helps your company grow and evolve. In an inclusive workplace, employees feel more engaged and loyal to the company, which leads to customers who are loyal as well. When employees believe in your mission, they're more likely to work hard on it—which benefits everyone involved.

How old is the average Walmart employee? ›

We've added new insights specific to age representation. The average age of our U.S. workforce is 38.32, while the largest percentage of associates is 20-24, suggesting Walmart is a place for those starting their careers.

What does representation matter? ›

With a lack of representation on-screen – or negative representation, such as stereotypical characters – people can struggle with their identity development, or form negative perceptions of their own groups. They might see their own identity or background as burdensome, unpopular, uncool, embarrassing, or even immoral.

Why does representation matter in leadership? ›

Leaders who prioritize diversity not only foster an inclusive environment, but also unlock benefits for their team members that may not be immediately apparent. Research in social psychology underscores the significant impact of representation on individuals' sense of belonging and psychological safety.

Who is the highest paid Walmart employee? ›

The highest paying jobs at Walmart are software engineer, co-manager, inventory management specialist, and department manager.

What is Walmart CEO's salary? ›

Walmart CEO Doug McMillon received $26.9 million in total compensation last fiscal year. The median compensation for Walmart employees was $27,642, per the company's annual proxy statement. Since 2009, McMillon has been paid $136 million for his work as a Walmart executive.

Who is the largest employer in the world? ›

At the top of the ranking for the world's largest employers is India's Ministry of Defence. Combining active service personnel, reservists and civilian staff, the total headcount comes to 2.99 million - a touch ahead of the United States equivalent, the Department of Defense.

Why is worker representation important? ›

It nurtures good employment relations, enabling workers and management to communicate, negotiate and consult effectively. Employee representatives can be a sounding board for management when they want to implement organizational changes, thereby protecting the company's brand and financial health.

Why is equal representation in the workplace important? ›

Companies that become known for embracing a diverse, equitable, and inclusive work culture not only open their potential talent pool—and their ability to attract the best of the best—they also benefit from the potential to better relate to and win over diverse customers.

What is the significance of representation? ›

If a group or person has representation in a parliament or on a committee, someone in the parliament or on the committee supports them and makes decisions on their behalf.

Why is self representation important in the workplace? ›

By allowing more of your authentic self to shine with your colleagues, you may encourage others to do the same. Tackle Underrepresentation. One of the reasons employees feel pressure to suppress their authentic selves is the chronic problem of underrepresentation.

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