As millennials approach being half of the current workforce, organizations need to address their preferences to stay competitive. Research shows the new workforce's members value positive culture and commitment to diversity, as well as corporate social responsibility, when they decide whether to invest their time with an organization.
One hundred fifty US executives have committed to engaging their workforces in conversations about race, gender and other sensitive topics as part of an initiative called CEO Action for Diversity and Inclusion. PwC's Tim Ryan serves as chairman of the alliance and has enlisted other executives to join the initiative.
Google released a lackluster report on its diversity efforts in June on the same day it hired a new vice president of diversity. Showing small gains in limited areas, women only comprise 31% of the Google workforce.
Fortune's list of the 100 best workplaces for millennials includes representation from the public accounting and consulting fields. Keys to recruiting and retaining millennials include helping them understand the value of their contributions and giving them chances to learn and develop, experts say.
Many people are concerned about age-based employment discrimination as companies continue to place ads looking for "digital natives" -- people who grew up with technology. At least one organization representing older Americans has asked the Equal Employment Opportunity Commission to ban questions about an applicant's date of birth or graduation date.
Diversity programs can struggle to gain buy-in, sustain their effect or help the intended audiences, according to this analysis. While more than 90% of companies have some type of gender-diversity program in place, research indicates that only one in four women feel that they have personally benefited from such programs.
Dan Rooney was known for shaking up NFL hiring practices, and at least one law firm requires leaders to review a diverse lineup of candidates for each position. A year later, the firm's diversity has improved under the "Rooney Rule."
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AICPA Diversity & Inclusion News
Register for upcoming webcast
Register for the webcast "How to grow your practice in a changing environment: technology and generational impact," scheduled Wednesday, Sept. 20 from 1 to 2 p.m. ET. Learn how to maximize the opportunities provided by diversity and inclusion and the role technology plays in defining new rules of engagement in the global society. Register.
AICPA Global Diversity Webcast Series -- Fall 2017
Tune in to the AICPA's Global Diversity Webcast Series this fall, which will provide participants with practical knowledge and skills for navigating the complexity of the ever-changing, dynamic, globally diverse marketplace. The three-part series consists of three webcasts: 1) "How to grow your practice in a changing environment: technology and generational impact"; 2) "Developing your global mindset"; and 3) "Global diversity: Driving innovation through inclusion." Register today.
American Institute of CPAs
is the world’s largest member association representing the accounting profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA is committed to diversity and inclusion in the accounting profession with the development of programs to increase the student pipeline and tools and resources to retain and advance ethnically diverse professionals.
About the AICPA National Commission on Diversity and Inclusion
The AICPA National Commission on Diversity and Inclusion was formed to serve as champions within the accounting profession and to work toward
proposing strategies to recruit, retain, and advance minorities in the profession. The National Commission on Diversity and Inclusion
has set a new course to address best practices and develop tools to help members and firms succeed in their diversity and inclusion efforts.