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Latino Daily News

Saturday December 18, 2010

Inclusion Survey Finds Efforts to Attract and Retain Hispanic Employees has Improved

The Hispanic Association on Corporate Responsibility (HACR), one of the most influential advocacy organizations in the nation representing 16 national Hispanic organizations in the United States and Puerto Rico, released its 2010 HACR Corporate Inclusion Index Survey (HACR CII).

The survey was conducted to measure Hispanic inclusion strategies at all Fortune 100 and/or HACR corporate member companies, as they relate to employment, procurement, philanthropy and governance. 

Key Findings:

Employment:
  The report reflects 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.

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.

For a complete copy of the HACR Corporate Inclusion Survey visit the HSN Library