DiversityInc’s Top 50 Companies for Diversity

DiversityInc just announced their annual list of the Top 50 Companies for Diversity for 2019. Over 1,800 companies participated in a survey to evaluate the performance of their diversity-management initiatives in the context of their own industries. The four key areas under evaluation were talent pipeline, talent development, leadership accountability and supplier diversity. See below for the companies that outperformed the competition in diversity.

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Bill to Increase Student Diversity in STEM Through Grant Program

Senator Kamala Harris introduced a new bill titled the 21st Century STEM for Girls and Underrepresented Minorities Act, which aims to help underrepresented communities gain access to educational materials, mentorships and work experience in the fields of science, technology, engineering and math.

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May 2019: Older Americans Month

The month of May is Older Americans Month, a celebration of the population age 65 and older. Read on to learn more about the history of this observance, and current statistics on the older population, such as diversity representation, gender differences, education, income, poverty rates and more.

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Globally, Most Believe Diversity Has Increased in the Past 20 Years

A recent Pew Research Center survey looks at different perspectives across the globe to determine how people believe diversity has changed in the past two decades, and their reception to such change. Of 27 nations surveyed, which home half of the world’s international migrants, most believe that their country has become more diverse at 69 percent.

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Discrimination in the AI Industry Contributes to Discriminatory AI Systems

A new report from New York University’s AI Now Institute titled Discriminating Systems: Gender, Race and Power in AI highlights the diversity crisis in the AI sector and its effect on the development of AI systems with gender and racial biases.

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Number of Females as Admirals and Generals Doubles Since 2000

A recent report by the Service Women’s Action Network (SWAN) shows that more women are in senior enlisted and officer ranks as more are pursuing careers in the military. There were 30 female admirals and generals on active duty in the five services in fiscal 2000. In 2018, there were 63 females occupying senior positions in the military. The increase of female representation is credited to more women staying in the military and more opportunities being made available, such as military occupational specialties.

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Corporate Diversity Bill Will Require Companies to Disclose Board Representation

Representative Gregory W. Meeks (D-N.Y.) has recently introduced the Improving Corporate Governance Through Diversity Act of 2019, which will require public companies to disclose the gender, race, ethnicity and veteran status of their board directors, nominees and senior executive officers, as a way to track the progress of diverse representation in the corporate sphere.

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Women and Minorities Underrepresented Among Ownership in Asset Management Industry

A recent study by the Harvard Business School and Bella Research Group analyzing diversity within ownership of U.S. asset management shows that women and minorities have been significantly underrepresented in mutual funds, hedge funds, private equity and real estate between the years 2011 and 2017. However, the report also notes that diversity does not have a noticeable effect on performance.

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Historically Diverse 116th Congress Convenes Today

On January 3rd at noon at Washington, D.C., the sworn in 116th Congress has officially convened. This historical congress has a Democratic majority, the first time in eight years, and comprises a record number of women and minorities. Nancy Pelosi, who was re-elected as House Speaker  and remains the first woman to serve in the position, remarked that this Congress “will be transparent, bipartisan and unifying.”

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Women Excel at Creating ‘Safe, Respectful Workplaces’, Study Finds

A recent study by the Pew Research Center reveals that some believe women in top executive business positions are better than men at creating safe, respectful workplaces, which are important for facilitating a diverse corporate culture. The report reveals that 89 percent of adults state it’s “essential for today’s business leaders to create a safe and respectful workplace, and a greater share believe that women leaders are better equipped to achieve this.

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