Despite the racial reckoning that took place across the country more than two years ago, data shows opportunities for employees of color still lag behind — due in large part to requirements and processes at businesses that are limiting talent pools and hindering retention efforts., a diversity, equity and inclusion consulting firm that aims to close the opportunity divide that separates diverse workers from employers looking to hire talent.
The survey included 1,900 graduates of the Year Up workforce development program and found multiple gaps in career development and earnings. Maurice Jones, CEO of OneTen, a national initiative that aims to hire, promote and advance one million Black individuals who do not have a four-year degree into family-sustaining careers over the next 10 years, said one of the keys to advancing DEI is addressing barriers in the hiring and retention process. Degree requirements are one of those barriers.
Those disparities showed up in other aspects of the survey. White respondents were more likely than any other racial group to have received promotions and were also more likely than any other group to have received raises , while Black respondents were the least likely group to have received raises and promotions.