- One in six people worldwide have a disability – and faces economic exclusion.
- Ensuring digital transformation includes people with disabilities also brings larger economic benefits.
- Technology in the areas of edtech, fintech, remote working and networking can all further inclusion.
Totalling over 1 billion people globally, people with disabilities – those whose hearing, visual, cognitive, mobility, speech or neural functions are impaired – are the largest minority group in the world. Their inclusion and empowerment is essential, as it not only benefits the person with disabilities, but also family members, who are more likely to leave their jobs to take care of relatives in this situation.
With digital transformation sweeping the world towards the Fourth Industrial Revolution, it is imperative to ensure people with disabilities are not excluded from the workforce of the future. Digital transformation linked with edtech, remote working, fintech and networking can drive people with disabilities towards greater success and help to tap into their potential and unique skill set.
With one in six people globally having disabilities, disability inclusion is vital. Unlike gender, race or age, addressing disability inclusion is very challenging as 70% of disabilities are invisible, and many choose to not be open about them. People with disabilities are 50% less likely to get jobs, and even the jobs they perform tend to be at the lower corporate levels. People with disabilities with an advanced degree earn $21,000 less annually than people without disabilities, though they have the same education levels.
The problem starts at a young age, as children with disabilities are much less likely to complete their primary education. According to Dell, 85% of the jobs due to be available in 2030 have not yet been invented, so reskilling and upskilling people with disabilities with 21st-century skills, such as creativity, communication and critical thinking, can propel them to be in a stronger position in this constantly evolving world of work.
Have you read?
Driving disability inclusion is rewarding for organizations. Studies show that employees with disabilities bring improved productivity and increased innovation. An Accenture study shows that companies that were identified as disability-inclusion champions had 28% higher revenue. Sixty-six per cent of consumers will purchase from a company that features people with disabilities in its advertising, which shows the reputational benefits.
People with disabilities have twice the unemployment rate than those without, which as well as being detrimental in itself also means a loss of potential consumers. Excluding people with disabilities from the workforce can lead to a loss in GDP of up to 7%.
Though digital transformation can and will leave people with disabilities behind in certain aspects, it can also drive disability inclusion in fintech, edtech, remote working and networking:
Fintech
Households with disabilities are three times as likely to be unbanked as those with no disabilities. This means they have no spending records, resulting in reduced access to financial assistance and loans. Visiting banks in person can be a daunting task for people with disabilities, in addition to the time and cost of traveling. Fintech provides convenience, financial records and safety. It can provide personalized financial services with assistive technology to people with disabilities, helping them to overcome barriers to inclusion.
Edtech
Many students with disabilities face physical barriers to access to education, as many schools lack the facilities needed. Travelling to and from school can be challenging not only for students using wheelchairs, but also students with autism who are more sensitive to sound and light, which can make public transport (and classrooms) very stressful. Edtech gives access to education from the comfort of their own homes, where it is easier for them to be cared for by family members.
Online education also helps equalize students with disabilities with the rest of the class, as certain disabilities are not visible when communicating online, and the curriculum can be tailored to meet disability requirements. Advances in edtech are also making communicating with peers smoother, allowing students with disabilities to debate and discuss better. Braille-enabled accessories, hearing aid-compatible headsets, sign language translating software and text-to-speech tools are a few examples of how edtech can help in this regard. With edtech making it possible for students with disabilities to learn from home, it also prepares students for the future of work, which is going to be more hybrid.
Remote working
For many people with disabilities, remote working can open up a wider range of job opportunities, as travelling is a major impediment. People with disabilities may require specialized equipment, accessibility facilities, communication tools and parking allocation among other things, which can make employers biased against hiring them. But remote working removes these barriers: It allows for better communications and may give more confidence to some people with disabilities as their disabilities are exposed less.
Remote working allows people with disabilities to create a tailor-made workspace taking into consideration all their needs, which is not always possible in a physical office. It also makes communicating for work much smoother; for example, Zoom’s automated closed captioning helps those with hearing disabilities. Lastly, it encourages employees to judge people with disabilities on the quality of their work, rather than on unconscious biases.
What's the World Economic Forum doing about diversity, equity and inclusion?
The COVID-19 pandemic and recent social and political unrest have created a profound sense of urgency for companies to actively work to tackle inequity.
The Forum's work on Diversity, Equality, Inclusion and Social Justice is driven by the New Economy and Society Platform, which is focused on building prosperous, inclusive and just economies and societies. In addition to its work on economic growth, revival and transformation, work, wages and job creation, and education, skills and learning, the Platform takes an integrated and holistic approach to diversity, equity, inclusion and social justice, and aims to tackle exclusion, bias and discrimination related to race, gender, ability, sexual orientation and all other forms of human diversity.
The Platform produces data, standards and insights, such as the Global Gender Gap Report and the Diversity, Equity and Inclusion 4.0 Toolkit, and drives or supports action initiatives, such as Partnering for Racial Justice in Business, The Valuable 500 – Closing the Disability Inclusion Gap, Hardwiring Gender Parity in the Future of Work, Closing the Gender Gap Country Accelerators, the Partnership for Global LGBTI Equality, the Community of Chief Diversity and Inclusion Officers and the Global Future Council on Equity and Social Justice.
Networking
With a staggering 85% of jobs being filled by networking, it is vital for people with disabilities to make contacts. But in-person networking can be disconcerting for people with disabilities, as it requires travelling and can be late in the day making it inaccessible for many. Interacting casually in person may be dismaying for people with hearing disabilities or dyspraxia, making them less confident.
Platforms such as LinkedIn can be instrumental in connecting people with disabilities with potential recruiters whom they can meet over Zoom and build a relationship. With assistive technology and less exposure of their disabilities, people with disabilities can network better and more confidently.
