The struggle for equality in various fields has been a prevalent topic lately. Supporters of such campaigns seek to overcome existing injustices and establish a more fair, equal order. This applies both to social movements and to the order within various organizations and business enterprises. However, there is a significant difference between equality and equity, and in my opinion, the latter approach is much fairer and provides more benefits. This essay aims to develop this thesis and analyze what the concept of equity means to me personally.
From my perspective, simple equality is an attractive but flawed idea. Its primary disadvantage is that even with equal resources, people can still have unequal access to the system (“Equity vs. equality,” 2020). Creating an ideal structure in which all individuals can achieve the same position with equal opportunities is extremely difficult. However, it is within the power of organizations to reallocate resources, recognize that all members of society come from different backgrounds, and adjust policies and procedures as necessary. This practice is ultimately not only fairer but also an investment in future success. Equality means treating everyone equally, which in some way averages out the achievements of a company or society. Equity, in this context, allows creating conditions for each person in which they will demonstrate the best performance.
As a result, equity means much more to me than equality. From my perspective, adopting such a system by a company sets up its participants for a constant process of self-improvement, in which the organization helps the individual. Thus, the enterprise shows its interest in each employee and their personal growth, which I consider essential for any person. A company can create an environment where people can comfortably exist, knowing that their weaknesses will be supported. In addition, such a policy allows exploring what strengths and weaknesses a particular community has, while a system based on equality does not consider the characteristics of an individual.
From my point of view, such an approach to doing business or interacting in society can significantly improve the morale of its members, as well as the productivity and overall efficiency of operations. For me, the factor of morality, attention, and lack of disregard for personal characteristics is crucial. It allows me to devote myself to my favorite business without fear entirely. Therefore, for me, equity is the idea that both society and various organizations should strive to achieve.
Reference
Equity vs. equality: What’s the difference? (2020). Milken Institute of Public Health.