2008 Top 50 Information See the 2008 List Top 50 Corporate Profiles Methodology Media Coverage Frequently Asked Questions The Specialty Lists DiversityInc 25 Noteworthy Companies Read the June 2008 Magazine Contact Us Previous Top 50 Lists Next Diversity Rankings

What makes an Asian American join a particular company--and stay there and get promoted? Find out how these companies create a culture of inclusion for ALL of their employees, which puts them on this specialty list.

Consider these points of comparison:

• Fourteen percent of their U.S. work forces were Asian, compared with a Top 50 average of 9 percent and a U.S. average of 5.1 percent, according to the EEOC
• Nineteen percent of their new hires in the United States were Asian, compared with a Top 50 average of 10 percent
• Twelve percent of their managers were Asian, compared with a Top 50 average of 9 percent and a national average of 4.2 percent, according to the EEOC
• Asians received 14 percent of management promotions at this Top 10, compared with a Top 50 average of 10 percent
• They average 68 percent of their managers participating in mentoring programs, compared with a Top 50 average of 35 percent
• Twenty-four percent of their employees were in employee-resource groups, compared with a Top 50 average of 19 percent

Here's the list and a key factor why each company was named:

No. 1: Johnson & Johnson, No. 8 in The 2008 DiversityInc Top 50 Companies for Diversity^®. Also on The Top 10 Companies for Executive Women and The Top 10 Companies for LGBT Employees.

The company reports that 10 percent of its U.S. managers were Asian, while 12 percent of management promotions went to Asians. Thirteen percent of all women managers in the United States were Asian, while 14 percent of management promotions for women went to Asian women.

No. 2: IBM, No. 9 on the Top 50. Also, one of DiversityInc's Top 5 Global Diversity Companies, Top 10 Companies for LGBT Employees and Top 10 Companies for People With Disabilities.

While the company's U.S. work force currently has 12 percent Asians, that percentage clearly is changing. IBM reports that 23 percent of new hires in the United States were Asian. The trend also is apparent when one looks at generational diversity. Of its current work force, 6 percent of those 55 and older were Asian, 13 percent of those between the ages of 25 and 54 were Asian, and 18 percent of those 25 or younger were Asian.

No.3: Merrill Lynch & Co., No. 7 on the Top 50. Also on The Top 10 Companies for LGBT Employees.

Sixty percent of managers at Merrill Lynch are in the mentoring program, which clearly pays off. Twelve percent of U.S. managers and 16 percent of managers receiving promotions were Asian. Thirteen percent of female managers were Asian, but 19.25 percent of women managers receiving promotions were Asian.

No. 4: Deloitte, No. 16 on the Top 50. Also on The Top 10 Companies for LGBT Employees and The Top 10 Companies for People With Disabilities.

Twenty percent of the Big Four firm's U.S. work force was Asian, but 27 percent of new hires were Asian. Also, Deloitte's board is 9.5 percent Asian, compared with a national average of less than 1 percent, according to the Committee of 100.

No. 5: HSBC Bank USA, NA, No. 18 on the Top 50. Also No. 2 on The Top 10 Companies for Supplier Diversity and No. 10 on The Top 10 Companies for Latinos.

Thirteen percent of the company's U.S. work force was Asian, but 17.25 percent of new hires were Asian. Twenty percent of direct reports to the CEO were Asian and 11 percent of the top 10 percent highest-paid U.S. employees were Asian.

No. 6: PricewaterhouseCoopers, No. 4 on the Top 50. Also No. 10 on The Top 10 Companies for Recruitment & Retention and in The Top 10 Companies for LGBT Employees.

While 14.5 percent of the company's U.S. work force was Asian, 17.5 percent of new hires were Asian. In addition, 9 percent of the top 10 percent highest-paid U.S. employees were Asian.

No. 7: Abbott, No. 37 on the Top 50.

With 50 percent of its managers in mentoring programs and 21 percent of its work force in employee-resource groups, Abbott also reports 9.5 percent of its managers in the United States were Asian.

No. 8: Accenture, No. 38 on the Top 50.

The company reports that 14 percent of its managers in the United States were Asian, but 15 percent of management promotions in the United States went to Asians.

No. 9: Ernst & Young, No. 17 on the Top 50. Also in The Top 10 Companies for LGBT Employees.

Sixteen percent of its U.S. work force was Asian, but 20 percent of its new hires were Asian. Eighteen percent of its female employees in the United States were Asian, while 22 percent of new female hires in the United States were Asian.

No. 10: Prudential, No. 24 on the Top 50.

Although only 8 percent of its U.S. workers were Asian, 13.5 percent of new U.S. hires were Asian.

More Diversity Management >>