No. 6: Ernst & Young
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DiversityInc Lists
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Why It’s on the List
Although The DiversityInc Top 50 Companies for Diversity survey is about U.S. diversity-management initiatives, we note that Ernst & Young will be our 2012 Top Company for Global Cultural Competence, with the award received at our Oct. 11 dinner in New York and accepted by Steve Howe, area managing partner – Americas. With 84 percent of its employees working outside of the United States, Ernst & Young is at the forefront of understanding and developing locally culturally competent workforce policies, including resource groups for women, LGBT people and Black employees in several countries, as well as leadership-development training and supplier-diversity efforts. In the United States, the professional-services/accounting firm has had remarkable success in developing an inclusive workforce in every way, even in an industry where the war for talent is more fierce than any other. Despite that success, the leaders of Ernst & Young recognize the need to do more each year, especially to bring more underrepresented groups to the top, and they constantly ratchet up their efforts. The firm’s talent-development efforts have been heralded in this publication many times, but in just the last year, Ernst & Young launched “Unplugged,” a coaching and mentoring program for incoming Black and Latino staff members, and at the manager level, a coaching and mentoring program for newly promoted Black and Latino managers. Included in the program was an assigned partner-sponsor, who will coach/mentor these individuals throughout their first year as a manager. “Unplugged” for Asian professionals is planned for later this year. Ernst & Young’s efforts to reach down further and develop a potential workforce are quite remarkable. The firm has been a strong supporter of the Rutgers Future Scholars program and its groundbreaking efforts to help disadvantaged youth, starting in eighth grade. Ernst & Young also started the Horizon Internship Program, a multi-year internship program for disadvantaged youth. In addition, many of its professionals work with organizations such as Ascend, NABA and ALPFA to mentor students from underrepresented groups. Ernst & Young also started its own two-year formal mentoring program—College MAP—to help high-school juniors and seniors prepare for college. Discover Ernst & Young, a three-day event for high-performing underrepresented students, has been featured in this publication. Visit www.DiversityInc.com/discover-ey for more on this event. The firm’s resource groups, called People Resource Networks, are measured by their ability to engage and connect constituents, recruit non-members, collaborate with each other for business-related goals, and be visible externally and internally. Ernst & Young will receive DiversityInc’s 2012 Top Company for Global Cultural Competence special award. |
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Diversity Leadership
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Company Information
U.S. Headquarters: New York Global Employees: 152,000 U.S. Employees: 26,493 Last Year’s DiversityInc Top 50 Ranking: No. 5 |
