Willis Towers Watson’s analysis of the press releases of the 74 S&P 500 companies whose statements included tangible, specific commitments to address racial inequalities following the George Floyd killing revealed these common themes:
Of the 32 companies that committed to new or enhanced minority hiring, retention, and/or promotion goals within a prescribed time frame (as further described in the article), eight also indicated that they would link the goals to pay incentives - an upward trending practice.
See the Society/Deloitte "Board Practices Quarterly: Diversity, Equity & Inclusion" and additional information & resources on our Racial Equality & Diversity page. This post first appeared in the weekly Society Alert!