Ever so often, I find it useful to review basic stats on where Hispanics are in relation to their presence in organizations and the workforce. I tend to review different sources (census data, PEW Hispanic Research, journals, etc.). Research organizations are also very helpful. This information is provided by Evangelina Holvino, a writer and Faculty member at the Simmon’s College School of Management Center for Gender in Organizations. She provides the following information and perspective:
Latinos comprise approximately 10.8 percent of the U.S. civilian workforce.
One of 20 small U.S. businesses is Latino-owned, generating $300 billion in annual sales.
There are more than 16.5 million Latinos on line, 55 percent of the Latino population in the U.S., and more than two-thirds of them use the Internet to make final brand decisions.
The emphasis on diversity management in many corporations has brought access to information, activities and resources that were previously unavailable. For example:
in many organizations employee resource groups provide opportunities for Latinos to network and support each other;
dissemination of company specific information on the hiring, employment, leadership and Board participation of Latinos makes it possible to track progress in the representation of Latinos at various levels;
targeted initiatives, such as mentoring and leadership programs for Latinos, offer unique developmental opportunities;
the celebration of Hispanic month, Latino food and fairs helps increase the recognition of the Latino presence, and;
diversity awards and “best practices” enhance and reward organizational efforts for those organizations deemed “Best for Latinos.”
Holvino notes these advances do not mean that everything is going great for Hispanics in organizations. Given the business case for Hispanic diversity in organizations, this lack of progress not only impacts negatively on Hispanic’s ability to join, contribute, stay and progress in these organizations, it also severely limits the corporations’ ability to reach Hispanic markets and attract, retain and benefit from Hispanic workers and their talents.
Source: Latinos y Latinas in the Workplace: How Much Progress Have We Made? Diversity Factor (Online), 16(1), 11-19