Hispanic and Latine employees feel pressured to conform to mainstream office norms at the expense of their authentic selves and cultural heritage, a new study by Coqual has revealed. Hispanic and Latine professionals represent a rapidly growing demographic in the U.S. workforce, yet they continue to navigate several stereotypes, colorism, and cultural invisibility. The Coqual study used a mixed-method approach, including surveys, focus groups, and expert interviews, involving more than 2,300 full-time professionals across the United States. The pressure to assimilate Key findings indicate that 68% of Hispanic and Latine professionals with sponsors
Suzanna Valdez Wolfe has been appointed as the new Chief Executive Officer of the Society of Hispanic Professional Engineers (SHPE), the nation’s largest organization dedicated to Hispanic people in STEM. Meet Suzanna Valdez Wolfe With a career spanning over three decades, Suzanna Valdez Wolfe brings to SHPE a track record in leadership, strategic planning, and coalition building. Before joining SHPE, Valdez Wolfe was a founding member of Partners For NonProfits and the first-ever Chief Impact Officer at Taproot Foundation. Her career also includes a notable tenure at the Adrienne Arsht Center of the Performing Arts, where she contributed to
US Adds New Hispanic, Middle Eastern And North African Racial Categories For First Time In 25+ Years
The United States has updated its system for collecting information on people’s racial backgrounds. Changes include the introducing a category for Middle Eastern and North African (MENA) people and changing how Hispanic individuals are classified. This historic update, the first in over 25 years, aims to more accurately and nuancedly capture the nation’s evolving demographics. New Hispanic and MENA categories For the first time, individuals of MENA descent, about 1.5% of the U.S. population, will be able to identify themselves as part of a distinct category. Hispanic Americans, who make
Leap Financial, a financial services tech company focused on Hispanic and Latin Americans, has launched Lola AI. The new AI assistant coaches recently arrived immigrants to the US, helping them fully integrate. Leap Financial The 2022 Census estimated more than 46 million immigrants live in the US, comprising about 13.9% of the population. Almost 80% of America’s unicorn companies have an immigrant founder or an immigrant in a crucial leadership role, such as CEO. Leap Financial is a team of engineers, designers, and software developers who create and launch innovative
Black and Hispanic employees receive lower-quality feedback on their job performance, leading to poor retention, a new study has found. For the second year in a row, Textio’s annual Language Bias in Performance Feedback report found that employees receive personality feedback based on race and gender stereotypes. Last year’s findings showed that women, Black and Hispanic people, and those over 40 systematically received lower-quality and biased feedback at work. This year, the study investigated the connection between feedback quality and employee retention and found a clear link between the two.
This Hispanic Heritage Month we are spotlighting the Hispanic and Latine people shaping the tech world. What is Hispanic Heritage Month? National Hispanic Heritage Month is from September 15 to October 15, and it celebrates the histories, cultures and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America. The celebration started in 1968 as Hispanic Heritage Week under President Lyndon Johnson and was extended to 30 days in 1988. It was enacted into law on August 17, 1988, on the approval of
The Hispanic Technology Executive Council (HITEC) and the Illinois Institute of Technology have come together to support the growth of Hispanic tech talent by opening the door to educational opportunities and scholarships within technology and business. HITEC Foundation scholars and HITEC corporate Emerging Executive Program graduates looking to pursue an MBA or Master of Science degree from the Illinois Tech Stuart School of Business will be considered for scholarships worth up to $2 million. Everything you need to know about HITEC and the Illinois Tech HTEC is a global executive
In a historical move, Lakeland Bank has been ordered to pay a $13 million settlement fee to Black and Hispanic residents. According to NJ.com, Lakeland Bank was ordered by the Justice Department to pay Black and Hispanic borrowers back after it was revealed they conducted discriminatory practices to deprive them of purchasing their first home. According to U.S. Attorney Phillip Sellinger, Lakeland Bank accepted almost five times fewer Black and Hispanic applicants than its competitors. “Lakeland avoided serving the credit needs of borrowers in majority Black and Hispanic census tracts in
Angeles Investors have announced the winners of this year’s Estrellas award. The line-up features a collection of the top 40 funders and venture capital firms investing in Hispanic and Latinx startups. This year’s cohort exemplifies leadership in investing in top startups and Hispanic and Latinx founders, among the fastest-growing segments of the U.S. economy. “It’s exciting to see the number of top funders and venture capital groups investing in Latino startups grow,” said Adele Cepeda, Angeles Investors Board Chair and Director at BMO Financial Corporation. “In 2020, we started
Globally, women in tech make up about 28.8% of the tech workforce as of 2020. While this number is an increase from 25.9% in 2018 and 26.2% in 2019, reports still show it could take 12 years for women to have equal representation in tech. In Africa, it will take even longer. Some members of the Latino and Hispanic communities have long held prominent positions in the world’s largest technology companies, and it’s no surprise because of the talent they possess. But Hispanic women reportedly tend to have a more negative experience with workplace DEI efforts,
