The DiversityInc Top 10 Companies for Asian Americans

April 24, 2007

NEWARK, N.J.—(U.S. ASIAN WIRE)--Although Asian Americans only are 4 percent of the U.S. population, they are growing rapidly and will be 8 percent by 2050, according to U.S. Census Bureau projections. Their median household income now is $60,367, double that of blacks and Latinos and 16 percent higher than whites.*

How are companies recruiting, retaining and promoting Asian Americans? How are they using Asian-American employee-resource groups and top talent to reach this fast-growing community? Which companies are having the most success answering these questions? The DiversityInc Top 10 Companies for Asian Americans.

Here are some key points about the Top 10 Companies for Asian Americans:

• An average of 11 percent of new hires are Asian American, compared with 9.5 percent for The 2007 DiversityInc Top 50 Companies for Diversity®. Nationally, Asian Americans are 4.5 percent of the adult U.S. work force.*
• An average of 9 percent of their managers are Asian American, compared with 7 percent for the Top 50. Nationally, Asian Americans are 4.3 percent of managers.* And an average of 11 percent of management promotions went to Asian Americans, compared with 9 percent for the Top 50.
• An average of 12 percent of the top 10 percent highest-paid women in these companies are Asian American, compared with 8 percent for the Top 50.
• Forty-three percent of managers in these companies participate in mentoring programs, compared with a 31 percent average for the Top 50.

Find out which are the Top 10 Companies for Asian Americans by visiting http://www.diversityinc.com/public/1734.cfm

*Sources: U.S. Census Bureau, Bureau of Labor Statistics

About DiversityInc
DiversityInc's mission is to bring education and clarity to the business benefits of diversity. Founded in 1998, DiversityInc expanded from its origins as an online publication- DiversityInc.com-into a national magazine in 2002. DiversityInc is a privately owned company with no outside investors. The magazine is now monthly. By providing foundational information about the business benefits of diversity, DiversityInc has been a catalyst in moving diversity from a compliance mandate to a serious business discipline. Founded in 1998, DiversityInc expanded from its origins as an online publication, DiversityInc.com, into a monthly national magazine in 2002. DiversityInc is a privately owned company with no outside investors.

Contact:
Carolynn L. Johnson
Vice President, Business Development
DiversityInc
973-494-0539
cjohnson@diversityinc.com