I’m focusing on other diversity data with the Q2 Diversity Report coming this week.
According to new data from job marketplace Hired, the wage gap between white men and most of their counterparts in underrepresented groups widened between 2021 and 2022.
Black women in tech—who in 2022 made 90 cents on the dollar compared to white men, down from 92 cents in 2021—represented the widest wage gap in the industry. Hispanic women earned 92 cents on the dollar, down from 93 cents in 2021. Black men were making 93 cents on the dollar, down from 95 cents in 2021, while Hispanic men dropped from 99 cents on the dollar to 97 cents.
White and Asian women, who made 95 cents and 98 cents on the dollar, respectively, were the only two demographics for which the gap didn’t increase in 2022, the Hired report said.
Why do we care?
Diverse companies enjoy 2.3 times more cash flow per employee than less inclusive businesses. That’s your data point of the day. As a business leader, your role is to find ways to build and increase business. Two point three times more cash flow per employee