HACR just released its report to measure Hispanic inclusion strategies at all Fortune 100 and/or HACR corporate member companies, as they relate to employment, procurement, philanthropy and governance. According to the study, a majority of Hispanics tend to be in more non-exempt than exempt level positions. Efforts to attract and retain Hispanics have improved. The Hispanic attrition rate fell 15% as compared to other ethnic groups.
Other key findings:
Procurement: For Corporate America, the biggest opportunity is investing in Hispanic owned businesses. As the report details, Hispanic spend hovers at 1% of total diversity spend goals.
Philanthropy: The Center for Philanthropy reported that contributions given by corporations rose to an estimated $14.1 billion, up 5.5%. Nearly one-third of the respondents acknowledged a contribution of 5% or less as their Hispanic give in 2009.
Governance: The results of this year’s report showed that Hispanic representation on corporate boards remained relatively flat, with Hispanics holding approximately 5% of all open board seats.
Full report can be found at the HACR website.