The DiversityInc Top 10 Companies for Blacks
Barbara Frankel, Diversity, Inc., March 18, 2011
What makes a company the place where all talent, but in this case especially Black talent, wants to work, stay and fulfill potential, including the ability to innovate? What type of corporate culture is open and inclusive? In general, our data shows that companies that are good for Blacks also are good for women, Latinos, Asians, American Indians, LGBT people, people with disabilities and straight, white men. Those are the companies you’ll see on The DiversityInc Top 50 Companies for Diversity® list and many of our other lists.
The companies on this particular list show consistent progress in their recruitment, retention and promotion of Black employees, have active Black employee-resource groups, have higher-than-average procurement spend with minority-owned suppliers, and have strong cross-cultural mentoring programs.
Here are some facts about The DiversityInc Top 10 Companies for Blacks:
* Their workforces are almost 20 percent Black, compared with 10.8 percent for the U.S. adult population (Bureau of Labor Statistics)
* Their managers are 17 percent Black, compared with 8.4 percent of the U.S. population (Bureau of Labor Statistics)
* Thirty-two percent of their promotions into their first management jobs were to Blacks, almost double the average of the DiversityInc Top 50
* Their senior levels (CEO and direct reports and two levels down) all have more than 10 percent Blacks
* Thirty-three percent of their employees on average are members of their Black employee-resource groups (employees do not have to be Black to be members)
* They average 68 percent of their philanthropy going to multicultural groups, compared with 35.1 percent for the DiversityInc Top 50
* They spend 6 percent of their Tier I (direct contractor) procurement with minority-owned businesses, higher than the DiversityInc Top 50 and more than national averages (estimated at 2 percent)
Here are facts about why each of these companies made this list:
No. 1: AT&T
No. 4 in The DiversityInc Top 50 Companies for Diversity. Also No. 3 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 2 in The DiversityInc Top 10 Companies for Supplier Diversity; No. 6 in The DiversityInc Top 10 Companies for Latinos
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No. 2: Cox Communications
No. 20 in the DiversityInc Top 50. Also No. 7 in The DiversityInc Top 10 Companies for Supplier Diversity
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No. 3: Kaiser Permanente
No. 1 in the DiversityInc Top 50. Also No. 4 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 2 in The DiversityInc Top 10 Companies for Latinos; No. 6 in The DiversityInc Top 10 Companies for Asian Americans; No. 4 in The DiversityInc Top 10 Companies for Executive Women; No. 3 in The DiversityInc Top 10 Companies for People With Disabilities
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No. 4: Northrop Grumman Corp.
No. 37 in the DiversityInc Top 50
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No. 5: Marriott International
No. 14 in the DiversityInc Top 50. Also No. 10 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 1 in The DiversityInc Top 10 Companies for Supplier Diversity
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No. 6: Southern Company
One of DiversityInc’s 25 Noteworthy Companies
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No. 7: Sodexo
No. 2 in the DiversityInc Top 50. Also No. 5 in The DiversityInc Top 10 Companies for Recruitment & Retention; No. 3 in The DiversityInc Top 10 Companies for Supplier Diversity; No. 3 in The DiversityInc Top 10 Companies for Latinos; No. 3 in The DiversityInc Top 10 Companies for Executive Women; No. 7 in The DiversityInc Top 10 Companies for LGBT Employees; No. 9 in The DiversityInc Top 10 Companies for People With Disabilities; No. 4 in The DiversityInc Top 10 Companies for Global Diversity
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No. 8: McDonald’s Corp.
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No. 9: Altria
One of DiversityInc’s 25 Noteworthy Companies
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No. 10: The Coca-Cola Co.
No. 12 in the DiversityInc Top 50
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[Readers are encouraged to read the unsnipped can be read original article to obtain some details about the percentages of upper-level non-whites, the benefits available to their non-white employees, the preferences given to non-white contractors, and their charitable undertakings.]
