Final answer:
Workforce diversity is the term that describes the variety of differences among people within an organization, including gender, age, race, and other aspects. Option 'D. Diversity' is the correct answer to what the composition of a workforce is called when considering these differences. Diversity within the workforce is on the rise and is beneficial to organizational performance and employee satisfaction.
Step-by-step explanation:
The composition of a workforce in terms of differences among people regarding gender, age, race, ethnicity, religion, sexual orientation, and able-bodiedness is referred to as workforce diversity. The term encapsulates the range of differences amongst the members of a workforce. Given the options provided, the correct answer to the student's question is 'D. Diversity'. Workforce diversity is a reflection of the demographics within a company and how they contribute to the makeup of its employees.
Workplace diversity is beneficial for organizations as it brings different perspectives and contributes to a more inclusive environment. This includes increasing creativity and innovation, greater understanding of customer needs, and improved employee satisfaction and performance. As the U.S. population becomes more diverse, these changes are reflected in the workforce; organizations are becoming more engaged in promoting diversity and inclusivity to mirror societal changes and to improve their work environment and productivity.
Employers, as part of both legal and ethical practices, must strive to reduce discrimination and embrace diversity. This has been demonstrated through various trends, including the rise of women within corporations as they progress from joining the workforce to ascending up the organizational hierarchy. Official policies and practices focused on ensuring equal pay for equal work and equal opportunities for education are essential components of building a diverse and equitable workforce.