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What makes a company an inclusive workplace for Asian-American employees, where they can rise to their highest potential? We took a look at submissions from the 449 participants in The 2010 DiversityInc Top 50 Companies for Diversity® and examined several factors that create an inclusive culture, such as diversity training, communications, mentoring and employee-resource groups, and measured them against actual demographic results in the workplace and moving up the management ranks. We paid particular attention to companies that promoted Asians in management, as for this group there often are corporate silos in technical jobs.
Some points about the companies on this list (all data is for U.S. workforces only):
- Their boards of directors are 6 percent Asian, compared with 1 percent nationally (Committee of 100)
- Their workforces are 9.6 percent Asian and new hires are 13.8 percent Asian, compared with 5.5 percent nationally (EEOC). Asian women are 11.6 percent of all their women workers and are 14 percent of new hires, compared with 2.5 percent nationally (EEOC)
- Asians receive 13.5 percent of promotions in management and 9.4 percent of promotions into management (from non-management positions). Asians are 4.5 percent of all U.S. managers (EEOC)
- Asians are 8.6 percent of CEOs and direct reports at these companies, compared with a national average of 3.7 percent (EEOC). Asians are 10.2 percent of the top 10 percent highest-paid people at these companies
Here is a relevant fact about each of the companies on this list:
No. 1: Johnson & Johnson
Also No. 2 in the DiversityInc Top 50; No. 7 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 3 in The DiversityInc Top 10 Companies for Executive Women
Fourteen percent of management promotions and 13.5 percent of management positions were held by Asian women at this company, which has very strong employee-resource groups, including the Asian Society for Innovation and Achievement and the South Asian Professional Network & Association.
No. 2: IBM
Also No. 8 in the DiversityInc Top 50; No. 3 in The DiversityInc Top 10 Companies for Supplier Diversity; No. 10 in The DiversityInc Top 10 Companies for LGBT Employees; No. 1 in The DiversityInc Top 10 Companies for People With Disabilities; No. 1 in The DiversityInc Top 10 Companies for Global Diversity
The company has strong cross-cultural mentoring and leadership training aimed specifically at Asians. Fourteen percent of its management promotions in the United States went to Asians and 11 percent of its top 10 percent highest-paid U.S. employees were Asian.
No. 3: Starwood Hotels & Resorts Worldwide
Also No. 19 in the DiversityInc Top 50
With first-rate work/life benefits, Starwood reports that its U.S. workforce is 14 percent Asian and its top management (CEO and direct reports) is 10 percent Asian.
No. 4: PricewaterhouseCoopers
Also No. 6 in the DiversityInc Top 50; No. 5 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 2 in The DiversityInc Top 10 Companies for Executive Women; No. 4 in The DiversityInc Top 10 Companies for LGBT Employees; No. 2 in The DiversityInc Top 10 Companies for Global Diversity
This company has one of the best cross-cultural mentoring programs. That’s reflected in its numbers: 13.6 percent of management promotions went to Asian Americans.
No. 5: Deloitte
Also No. 25 in the DiversityInc Top 50
The accounting giant has a strong history with the Asian-American community and a relationship with the National Asian American Society of Accountants. Nineteen percent of the managers in its U.S. workforce are Asian.
No. 6: Abbott
Also No. 10 in the DiversityInc Top 50; No. 7 in The DiversityInc Top 10 Companies for Executive Women
Abbott has strong cross-cultural mentoring and excellent employee-resource groups, including its Asian Leadership Cultural Network.
No. 7: American Express
Also No. 12 in the DiversityInc Top 50; No. 3 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 8 in The DiversityInc Top 10 Companies for LGBT Employees; No. 8 in The DiversityInc Top 10 Companies for Global Diversity
This company is one of the strongest anywhere for employee-resource groups, including its Asian Employees Network in the United States. American Express also has first-rate cross-cultural mentoring.
No. 8: HP
Also one of DiversityInc’s 25 Noteworthy Companies; No. 7 in The DiversityInc Top 10 Companies for Supplier Diversity
Nine percent of its board of directors is Asian, as well as 13.6 percent of its new hires. The company has excellent employee-resource groups, including groups for Asians.
No. 9: Sempra Energy
Also No. 4 in The DiversityInc Top Regional Utilities
More than 14 percent of managers are Asian, and 19.5 percent of women managers are Asian at the California-based utility. The company also has an Asian board member.
No. 10: Wells Fargo
Also No. 43 in the DiversityInc Top 50; No. 5 in The DiversityInc Top 10 Companies for LGBT Employees
The bank is known for its multicultural-marketing efforts aimed at Asians on the West Coast, as well as philanthropy to that community.
Asian, Black, Hispanic Americans tend to separate us. It is one thing to celebrate our culture which as a nation of immigrants we have always done but first and foremost we are Americans. Let’s not forget that and address the problems and solutions Americans can fix.