Diversity Management, News and Updates
When it comes to how people want to spend and save their money, a new report from U.S. Bank (No. 18 on The DiversityInc Top 50 Companies for Diversity list in 2021) reveals that Black Americans are significantly more interested in supporting their community and creating a lasting legacy for…
Starting in January, retired and disabled individuals surviving on America’s Social Security system will soon be able to enjoy having a little more money in their pockets. Rebecca Shabad of NBC News has reported that “the Social Security Administration announced on Wednesday, Oct. 13., that recipients will receive a nearly…
While it’s not unusual for some U.S. executives to receive bonuses based on various diversity goals within an organization, regulators in the U.K. are looking into enacting a more formal and official program linking the two ideas together, making financial services more accountable for their hiring practices. Bloomberg’s Aoife Kearins…
Just one year ago, women working in the Donald Trump White House earned 69 cents for every dollar their male counterparts earned. But oh, how things have changed! Economy reporter Chabeli Carrazana of nonprofit newsroom The 19th reported on the newly released data, revealing that the wage gap for White…
Black Americans are saddled with an overwhelming majority of the nation’s $1.7 trillion student debt — and according to Department of Housing and Urban Development (HUD) Secretary Marcia Fudge, that debt is one of the key factors preventing Black Americans from buying and owning their own home. Business Insider’s Ayelet…
Following an announcement in March that city officials in Evanston, Illinois would begin paying qualifying city residents up to $25,000 in reparations for use on property payments and home repair, and fresh off the government’s announcement of Juneteenth becoming a federal holiday, mayors in 11 additional U.S. cities have announced…
The murder of George Floyd galvanized the need for racial reform and equity in the U.S., and boards have been listening. Data from the consulting firm ISS Corporate Solutions reveals that between July 2020 and May 2021, 32% of individuals newly appointed to the corporate boards within the country’s largest…
College graduates in America, on the whole, owe more than $1.7 trillion in student debt, but women owe the larger percentage of that overall debt — an astounding $929 billion as of 2020. If those numbers weren’t disturbing enough, a new study from The American Association of University Women (AAUW)…
Providing a concrete example of just how bad the pandemic has been for women, a new poll conducted by The Washington Post and ABC News reveals that a quarter of women surveyed feel they are worse off financially today than they were one year ago. Highlighting just how bad the…
The White House and President Biden have agreed to reduce eligibility requirements for a new round of $1,400 stimulus checks — a decision that will impact an estimated 12 million adults and 5 million children, all of whom will no longer qualify for the relief payments. The move comes as…
