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State Street bank staff need special approval to hire white men
by prckov Sun 5 Dec - 9:11
State Street bank staff need special approval to hire white men | News | The Sunday Times (thetimes.co.uk)
Staff at one of the world’s largest investment companies have to get special approval if they want to hire a white man, rather than a woman or an ethnic minority candidate.
The policy is part of a drive by State Street to improve diversity within its middle and senior management, with executives receiving lower bonuses if they fail to meet robust equality targets. It has set out to triple the number of black, Asian and other minority staff in senior roles by 2023.
Staff at one of the world’s largest investment companies have to get special approval if they want to hire a white man, rather than a woman or an ethnic minority candidate.
The policy is part of a drive by State Street to improve diversity within its middle and senior management, with executives receiving lower bonuses if they fail to meet robust equality targets. It has set out to triple the number of black, Asian and other minority staff in senior roles by 2023.
prckov- Posts : 34555
2014-04-19
Re: State Street bank staff need special approval to hire white men
by prckov Sun 5 Dec - 9:14
[size=34]Social justice comes for the boardroom: Goldman Sachs declares war on the straight, white, male corporate board[/size]
Investment bank Goldman Sachs won’t underwrite companies’ initial public offerings unless their boards have at least one “diverse” member. Social justice pandering or canny business move?
“Starting on July 1st in the US and Europe, we’re not going to take a company public unless there’s at least one diverse board candidate, with a focus on women,” Goldman Sachs CEO David Solomon said on Thursday at the World Economic Forum in Davos, Switzerland. “And we’re going to move towards 2021 requesting two,” he added.
Solomon’s understanding of the word “diverse” is ill-defined. Presumably, a “diverse” candidate is one drawn from the LGBT alphabet, or of any race other than white. Whether the transgender, the disabled, or people of minority religions qualify as “diverse” is likewise left unexplained
Investment bank Goldman Sachs won’t underwrite companies’ initial public offerings unless their boards have at least one “diverse” member. Social justice pandering or canny business move?
“Starting on July 1st in the US and Europe, we’re not going to take a company public unless there’s at least one diverse board candidate, with a focus on women,” Goldman Sachs CEO David Solomon said on Thursday at the World Economic Forum in Davos, Switzerland. “And we’re going to move towards 2021 requesting two,” he added.
Solomon’s understanding of the word “diverse” is ill-defined. Presumably, a “diverse” candidate is one drawn from the LGBT alphabet, or of any race other than white. Whether the transgender, the disabled, or people of minority religions qualify as “diverse” is likewise left unexplained
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It was always the women, and above all the young ones, who were the most bigotet adherents of the party, the swallowers of slogans, the amateur spies and nosers-out of unortodoxy.
Orwell 1984
prckov- Posts : 34555
2014-04-19
Re: State Street bank staff need special approval to hire white men
by Guest Sun 5 Dec - 9:26
Propast.
Guest- Guest
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