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A collection of articles on diversity, inclusion, and workforce and talent strategy brought to you by Exponential Talent LLC.
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September 23, 2016

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Diversity & Inclusion
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Center for Talent Innovation: Latinos at Work - Unleashing the Power of Culture

According to the Center for Talent Innovation research, Latinos will account for the majority of US workforce growth between now and 2020, and Latino buying power will near $2 trillion in 2020. To tap this massive market, work teams need Latino perspectives. Research shows that teams with representation from their "target end user" are over 150% more likely to understand that culture. Companies won't achieve better representation until they address major workplace challenges reported by Latinos including: an inability to be authentic at work, having to endure slurs and the theft of credit for their good ideas, and exclusion from social networks outside of work. Solutions highlighted include increasing sponsorship, rethinking what 'executive presence' really means and providing training to leaders in inclusion.  Read the news release.

Harvard Business ReviewOlder Workers Need to Stop Believing Stereotypes About Themselves


The population is aging globally, giving rise to more older workers. In Europe it, is reported that the most frequent type of discrimination is age discrimination, making age a critical dimension of diversity for employers to address according to an academic research study out of the UK. Stereotypes about older workers – e.g., less motivated, more resistant to change, etc. – lead to “metasterotyping,” stereotyping themselves based on what they think other people think of them. The researchers offer organizations 9 types of support to counter biases and increase the positive experiences of older workers, enabling them to to thrive.

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Society for Human Resources Management: Executives Say Women in STEM Jobs Help the Bottom Line

Futurestep polling of executives worldwide finds that 63% say having women in STEM helps them be more profitable but 30% say they do not require women to be part of the recruitment pool. When asked about the number of women in STEM in their organizations compared to 5 years ago, 59% say there are more, 33% say the numbers are about the same, and 8% say there are fewer women. According to Whitehouse.gov, there could be 2.4 million unfilled STEM jobs by 2018, presenting the opportunity to increase hiring women in STEM. 

Talent and Workforce Strategy
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Patagonia via LinkedIn: Why Should Employers Care About Families?

Rose Marcario, President and CEO of Patagonia, writes in LinkedIn about the business case for supporting working families in a social environment in which up to 35% of working women in the US who give birth never return to their jobs. Marcario estimates that her company recovers 91% of its cost for family support programs.
  • Qualified child care programs get a federal annual tax credit of $150,000 and the company can deduct 35% of unrecovered costs from corporate taxes.
  • In the past 5 years, Patagonia has had all working mothers return to work after family leave, saving the company turnover costs. According to Marcario those costs, "... range from 35 percent of annual salary for a nonmanagerial employee, to 125 percent of salary for a manager, to a couple of years’ pay for a director or vice president."
  • High quality on-site child care results in increased employee engagement and, because of the better financial performance, the high worker engagements recoups 11% of the company’s family support costs.

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