Written by Tracey de Morsella on 05-01-2007
According to a new study released by Nationwide Financial (NYSE: NFS), 73 percent of African-American males say they were driven into retirement by factors beyond their control, compared to 33 percent of the general population. This number represents retirees who say they had to retire when they did due to illness, disability, company closing, or for another reason beyond their control. From the same study, the percentage for African-American females was 28 percent, compared to 37 percent for females of the general population. The Nationwide Retirement Decisions Study, conducted with Mathew Greenwald & Associates, covered people with household incomes of at least $40,000 a year. The survey also found that most African-Americans expect to retire between the ages of 55 and 65, compared to 57 and 66 for the general population.
Written by Tracey de Morsella on 02-16-2007
Target Corporation, the Minneapolis-based retail sales giant, has agreed to pay $775,000 to a group of black workers as part of a litigation settlement of a race discrimination and retaliation case brought by U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced today. The settlement also includes employer training and other remedial relief.
Written by Tracey de Morsella on 11-07-2006
Last week Monster announced results of a research study examining the factors that motivate a worker to leave a job, or accept or decline a new position. The study, titled “A Changing Landscape: The Effect of Age, Gender and Ethnicity on Career Decisions,” surveyed employed online job seekers across three demographic segments – age, gender and ethnicity – to identify commonalities and key differentiators between these groups in terms of their career decisions.
Written by Tracey de Morsella on 09-04-2006
Minority employees receive less executive coaching at many companies, according to a survey of 3,100 senior human resources executives by Novations Group, a global consulting and training organization based in Boston.Of those employers that provide coaching twenty-five percent reported that minorities get coaching at a lower rate than their proportional presence in the workforce. The balance of respondents that give coaching indicated minority employees are coached in proportion to their numbers.
Written by Tracey de Morsella on 09-01-2006
Everyone knows about the insidious effects of racism in American society. But when it comes to the workplace, African Americans may face a more complex situation—the effects of their own skin tone.
