A few weeks ago, Fortune Magazine released a report on the diversity and inclusion policies of the corporate members of this year’s Fortune 500. The report was based on months of researched gathered from the companies websites with the goal of finding out more about an organization through the eyes of a perspective employee. As an African American, this was very intriguing to see how easy it is to find a company’s written commitment of diversity and inclusion. When viewing the information, Fortune reports that in “aggregate, the data showed that 3% of the companies on this year’s Fortune 500 are fully transparent about the demographics of their workforce—and 72% of the senior executives at those 16 companies were white men.”
Fully transparent is key in that sentence. While many corporations provide a stand alone diversity page, diversity commitment paragraph, or an equal opportunity employer statement, that is where the buck stops. Whether this type of information is a simple oversight, or if corporates do not want to release this type of data for fear of retribution is uncertain. Regardless, it is an interesting point to measure and a bit surprising that less than 10% of the Fortune 500 companies do not disclose their demographics. Whether this fact changes, will be interesting moving forward, and seeing if it has any bearing on a candidates job decision will be as well.