How Corporate America Is Failing Black Employees
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- Опубликовано: 26 июл 2024
- Black workers continue to face significant gaps in the labor market when it comes to promotion, pay and opportunity, costing the U.S. economy trillions of dollars.
If the Black wage, education, housing and investing gaps had been closed 20 years ago, it would have added an estimated $16 trillion to the economy, according to a report by Citi, with the Black pay gap alone accounting for $2.7 trillion.
Today, Black workers are overrepresented in low-wage entry-level jobs and underrepresented in senior leader and executive roles. In the U.S. private sector, Black workers make up 12% of the entry-level workforce and just 7% of the managerial workforce, according to McKinsey & Company.
The higher you go, the fewer Black professionals you see. At the senior manager and VP level, Black workers make up just 5% of the workforce, and at the SVP level, just 4%. At the very top, only around 1% of Fortune 500 CEO spots are held by Black leaders.
If the current trajectory continues, McKinsey & Company estimates that it could take 95 years before Black employees reach parity at all levels in the private sector.
“Black workers, on average, are not being hired, promoted or paid according to what would signal their level of productivity based on their experience or their education,” Valerie Wilson, director of the Economic Policy Institute’s program on race, ethnicity and the economy, tells CNBC Make It. And “it absolutely impacts everything. It impacts your family’s economic security.”
On average, Black men are paid just $0.71 for every dollar paid to white men, according to EPI. Black women, who face both gender and racial barriers, are paid just $0.63 for every dollar paid to white men. Over the course of a 40-year career, the National Women’s Law Center estimates that Black women stand to lose close to $1 million due to this disparity.
These racial gaps in the labor market are linked to several structural inequities, according to McKinsey & Company, including Black workers’ underrepresentation in regions with high job growth opportunities and overrepresentation in industries with low growth and low wages, such as entry-level healthcare jobs, retail and food services.
And in the corporate world, Black workers face ongoing challenges like bias and discrimination, a “broken rung from entry-level to manager roles,” lack of support from supervisors and tokenism that continues to hold them back and can even force them out the door.
How bias and discrimination can play out
In September 2017, Ryan Walker-Hartshorn landed what she thought was her “dream position” working in New York City as an assistant to Bon Appetit’s then editor-in-chief Adam Rapoport. In her role, she earned $35,300 per year and says she was told, with overtime hours, she could earn up to $50,000.
“That was a sell for me because I was like ’Hell yeah, I’m out of college. I’m just going to work my a-- off and I’ll make a lot of money in overtime, and I’ll be able to make ends meet,” she says.
Starting out, the Stanford University graduate says she was aware that her job would include many of the standard tasks most assistants are asked to do, such as managing the editor-in-chief’s calendar, answering phones, coordinating travel and running personal errands for her boss. When she was hired she says she was also told there would be potential for her to work on creative projects.
What she didn’t expect was working in what she calls a “toxic” culture where she was just one of two Black people on staff. Walker-Hartshorn alleges that in addition to racially insensitive comments - such as the time her boss asked her to make his coffee the color of Rihanna - she says she experienced microaggressions and differential treatment from her white peers when it came to overtime pay, budgets for stories and investment in career growth.
During her nearly three years of working as an assistant, she alleges that she was repeatedly denied a pay raise or promotion, despite finding out from a senior employee at Conde Nast, Bon Appetit’s parent company, that assistants at other publications were making more money than her. Eventually, in August 2020, the 26-year-old left Bon Appetit after being offered an interim editorial assistant role rather than the promotion she wanted.
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How Corporate America Is Failing Black Employees
I’ve been dealing with the same thing for years at the company I’m with. That’s why I’m going hard in my own business. Right now my corporate job pays the bills but I will eventually leave and work for myself.
@monier naga shut up
I’m in the same boat as you…..I’m so tired of going above & beyond to be treated fairly.
I think the solution is to build our own institutions instead of trying to be a part of people who have shown us how they really feel. You will never be allowed to move around the furniture in someone else’s house.
I agree whole heartedly but we are gonna have to fight for it again because then government is so racist civil war pt2
@monier naga u clearly have never been outside of your welfare town smh
I mean throughout history this is what we have done and they always find a way to completely ruin it for us. SMH
@Donovan Maybe. But America owes us reparations.
@Donovan what in the crackhead
Yes! I too have experienced this same workplace bias while working in the manufacturing sector. I was passed over for promotions, and wage increases in favor of others who looked to me for my guidance, training, and input. Which caused me to leave my job after twenty years of stagnation.
@Ash Hegde ?
They did that to you because you’re a black man bro , these employers hate promoting black men .
The biggest lie is that going to college can guarantee you financial security and a job 🤫
Community college should be free.
Big facts
To be honest, nothing guarantees financial security.
When I was in high school I thought my future was basically garantee because I was at the top of my class while attending to one of the best schools in my home country.
I never suspected that getting to US was going to turn down every dream I ever had due to lack of opportunities for people like me.
Transferring my college credits, to finish my career even if I started from the beginning became impossible. I attended 5 colleges and only got an associate degree in a major about to become obsolete.
Even when I finally lunched a career job in my mid forties, so many tried hard to not only discourage in every single way, doubting of my credentials, even that I spoke a language other than English.
Life sucks sometimes.
@@willrose5424 ...It is free when you apply for FAFSA and keep your GPA above 2.5.
Same thing happened at the company I was at for 8 years, white people promoted right away or brought from outside for managerial jobs and minorities constantly passed over for promotions no matter how talented or qualified they were
This is a classic story. Person with big dreams sells themselves short on salary to work at a " dream company" based on the the premise of " experience" and the lure of a "20k raise in a few years" . Quickly finds out all is not what it seems and being underpaid for "experience" is not worth it.
Yup! Took my first IT job at a big company that just received a $635 grant to start a new IT team to handle a high amount of end-users. With all that funding, they only paid me 15 BUCKS...... I took for the experience and because of the unlimited OT, smh. I wonder how much others were making. I ended up leaving for twice the amount 2 months later, you gotta know your worth!
“Last hired first fired.” I literally was hired for a job during undergrad after the two day training period. I was the only black person hired and was trained for one hour right before my shift (because they hadn’t bothered to consider me until after their training period) and on my first day got I trouble for not closing properly after not being told fully how to close because my manager had a dinner to go to and she rushed through my training in an hour. No booklet, even though everyone else got theirs on training day. So frustrating. I repeatedly asked to be part of the groupchat where you could get someone to fill-in your shifts. I missed one shift and had to fill-in for four people’s shifts (who just came up to me and asked me to fill in their shift, none of which could fill-in mine for a cross country race). At the end of the semester they did a rehiring process for the next year and I got declined in an email that was also sent out to another black girl who applied (but she didn’t have the job in the first place). It was frustrating, but a good lesson. I could tell that they didn’t care about how they we’re treating me. I was the only black person, so I just has to deal with it. Could I have said something? Sure, but now I know if I encounter that culture I will look elsewhere or I’ll make some more noise, like “hey, just so you know not giving me enough info impedes my job”, “ok, my manager never mentioned this,” “being added to the groupchat is necessary for my sport”, “my manager was given my schedule and is scheduling me outside of availability” instead of keeping my head down and trying to get by with only half the resources of my peers. I’m just lucky that I learned this lesson quickly and ultimately didn’t lose time or money from it.
@monier naga That’s what I had to do. I learned though that it’s not fair, and you’re often not given the tools to succeed. So you have to be better and speak out when you’re not getting ahead, but do it with tact, and never mess up, even though no one is willing to take the time to mentor you. Sometimes they don’t even bother to train you. At the end of the day it’s what you have to do survive, but it’s not a fair standard. And it ultimately comes down to racism. Modern day is racism isn’t you not getting the opportunity because you’re black. It’s you not getting the opportunity because you’re poor or uneducated, but why is that? Because of generational oppression. Or when you overcome that and you get the opportunity, you’re told you’re lazy or hard to work with, but why is that? Because they’re not giving you the tools you need to succeed and they’re not interested in trying to connect with them because they’re “different” or “angry.” You have to move past all of that to succeed as a black professional. That’s the problem with racism. It’s unequal opportunity disguised as “they’re just not trying enough “ or “they’re just not good enough.” When employers could have given more Black people an opportunity. As Black professionals we know that we have to take the onus upon ourselves everyday to say, next time I’ll do better, but meanwhile we’re working twice as much to only have half as much. And for myself at least, I have to do that. Someday I hope other don’t. Because you shouldn’t have to fight to have the tools to do your job right. Or for someone to give you mentorship. And there needs to be more of us in the these spaces. Not even well, but just correctly. And maybe, it’s unintentional, as they stated, sometimes it not malicious, but the environment needs to be cognizant of the lack of opportunity, training, and inclusivity.
@monier naga As someone who’s skipped three grades (which meant, yes I was three years younger than my counterparts at my job on campus) I’m just going to ignore your first comment. However, I do challenge you to think about the history of Asian (mostly immigrant) communities and how that could garner a better result than Black communities that make up mostly people who came to this country as slaves. Also, as much as you champion the “model minority” status of the Asian community, there is a strong lack of social support for many professional individuals within the Asian community, which is why there are still such a small amount of Asian American individuals in corporate leadership. And that’s ok that you wouldn’t hire me, because when I finish my law degree I only will work for companies and individuals that care about racism. Firms, nonprofits, or government agencies that make sure that they are not intentionally or inadvertently promoting inequality. Though I’ll end here because I doubt I can convince you to be that person. At lease not today, but I hope someday you understand. That it’s not ok to be passive. It’s not ok to look down on Black people. Even tokenism and selectively choosing to accept some because they “cracked the code” isn’t how we’re going to make sweeping progress. Because we need everyone’s efforts to dismantle racism.
I'm reading your story and you are so right! I did an internship with a company and I was not taught anything at all but was expected to be great! Lol, I would show up early and work my hours and then stay late just to finish up somethings. My mentor wouldn't help me and would tell the supervisor that I lack problem solving abilities if I asked too many questions. I eventually figure out the last step of my project which was to get a placebo. I sent an email twice to another department about the placebo and they never got back. A month went by and I had present an unfinished project that made me look bad. Oddly enough, after I failed the presentation, the placebo came in which made it seem like I wasn't proactive. Like you said, I should have spoke up but the environment was literally all white and I was the only black out of 400
Something needs to be done.
Because its a buddy system. They promote their friends and people they like. So if you're not like them or don't kiss a ton of butt don't count on moving up the ranks.
@Ash Hegde Did i say anything about Asians. Lol you're deflecting. Because I said nothing but fact
@Ash Hegde again I’m not talking about Asians. And just because people “break in” doesn’t mean there isn’t a buddy system. I see what you’re “trying” to do. Carry on my guy
@Ash Hegde Think what over? Just because you know some succesful Asians doesn't mean the buddy system dont exist. lmao what type of brain functionality do you have. Can you not think beyond surface level. People's natural desire is to take care of their family and friends. You see this with schools admissions, management positions, coaching jobs, high paying jobs. Thats how most recommendations work. You cannot be that simple minded. I really dont think you're dumb. you just got a dumb point that you arent willing to think deeper than.
Sadly you can make more money being a server or bartender, but in the long term if you do your own thing, like starting a business, the pay off is worth it. Booker T Washington even said himself that the black individual is only free if they do their own thing. I wish all you peace and prosperity. 🙏
I left the government for 3 years because of this. After my promotion (50 cent increase), they assigned me a temporary job due to understaffing. Working two jobs with one pay. My PTO and vacations were always denied. I quit this year and in my last paycheck a month after they promoted me. I was so disgusted. Being a competent employee and being mistreated was hurtful. I'm going to medical school and calling it day. People say that's the workforce but clients kept on mistaking me for the director because I would know more than her. I was tired of benefiting someone else's paycheck. Also, I was being assigned more projects than my colleagues, but I was being paid $25,000 less than them.
I want to hug every person that can relate to this story. Being underestimated but yet overworked can affect your mental health, relationships and view of life. I want you to know you are valuable and if that company doesn't value you, then f**k them.
Goodluck in medical school !
@@GlamGoddes101 Thank you, I appreciate your kindness!
@@notperfectjustsmarthow is it going?
*One way to know what kind of place you work for is when your white co-workers inquire about your wages but never volunteer the same information*
I don’t volunteer wages. They start acting funny when they find out that you make more than them and they constantly set you up to get fired
Depending on one stream of income had never made any millionaire and earning check doesn't put you in Forbes
Interesting most people don't understand the market moves and tend to be mislead in facts liketgis and depend on money in the bank.very bad Idea
@@Amanda-yx3hu Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
I totally agree with that
Crypto is the new gold
I tried investing once but withdrew due to the fluctuations in price
To quote Uncle Charla: go where you are appreciated, not where you are tolerated.
I've seen an increase in black people who were in entry-level positions start their own company and make more money than their former managers. Also, the concept of the Token Black really hits. There are companies that will make you feel that you can't demand the same because you should be appreciative of just being hired.
Ditto.
@monier naga nobody has time for your racist lies and nonsense.
I have been told, “I’ll take a chance on you” by people who had half the education I had, and who had also hired people with half the education that I had.
A big part of the lack of black advancement is flat out racism by their coworkers & employees. What I mean is, their white and non white coworkers won't work as hard for a black boss/supervisor/owner; some even quit...
This is a problem I've noticed in black owned businesses. Black owned businesses have a ridiculously tough time finding qualified employees that want to work for them.
You all don't have resumes which can compete with Asians. Explain that
This will never change, no matter how good you are, how many degrees you have, how polite and civilized you can be, you're never ever gonna be acknowledged by someone perceiving you as inferior due to your skin color, that sucks but that's how it goes, too many of us want to be employees instead of building our own economic empire, owning lands, investing in assets, being bosses and hiring other black folks in the process, Asian and Jewish people (and every other ethnic groups for that matter) do that and by precisely doing that they come out on top, with us being all the way at the bottom of the economic ladder.
Entrepreneurship is something that a black kid must be taught at a early age in order to avoid situations like this, can't get hired anywhere ? Ok fine whatever you got your own business going on anyway, having a job must always be seen as an expendable option.
100 percent agree with you. But entrepreneurship is not for everyone, nor does everyone want to become and entrepreneur.
She went to stanford and was making 35k in her job in new york? wow
Going to a prestigious university doesn't guarantee you a high-paying job, especially in competitive industries.
The reason to go to a prestigious school is to make the elite level connections that open doors. Going to an elite school and relying on the school name only to get you a high paying job isn't really how it works.
Media jobs pay low.
The President of a former company I worked for, told me I wasn’t “sophisticated” enough to be the Manager of a branch office in an upscale neighborhood. (Alpharetta, GA) The amount of discrimination I endured at this company is unbelievable. I can write a mini series...Why did it take me so long to leave? I guess I was afraid to be unemployed. 😔
Woah what is the name of the company? I'm in the area and don't want to support that business
Please tell us what company!
Did you find another job or start your own company?
Maybe that president was correct? People with less melanin amounts get told the same thing too.
@@pennsylvan3436 So by not addressing the content of my comment, are you showing that you agree with it?
How can you possibly think that she isn’t working hard enough when her articles were so successful, and she was putting in overtime and not getting compensated for it?
THANK YOU!
Imagine hiring someone to write articles for you. The person did just that and sometimes brought donuts to the team for lunch. Now a person asks for a raise for bringing donuts.
@Ron Gosling If her articles are successful it’s because she’s working hard enough. And people are allowed to ask for more compensation if the feel that they’re work is deserving. You’d know that if you weren’t a troll who works for minimum wage
I’m Asian and I didn’t get promoted for 4 years and I left the company
Did you negotiate a raise, do something outstanding for company sales, are there employees as well as clients that support your performance, and did the manager see any progress within you?
棒棒哒
Ok
The past 20 years I witnessed how my Asian friends career hit the infamous ‘bamboo ceiling’. These were people who were smart (engineers, accountants, project managers) but not one ever became a manager to run a department. Not one. By the 10-15 year mark at their jobs they all somehow got laid-off. Financially they are doing fine today but a few could’ve done even better if their companies had mentored them and promoted them up into a leadership position.
I hate inequality
Cosign
@Johnny DeBravo Assuming that you are of Italian decent, who in the past used to experience discrimination in America for not being really “white”, why do you hate diversity? 🧐
that's life
I was the only Black person who worked at my store in March 2020. I was also the first person let go. Not to mention the harassment and racism I experienced. To this day the store only has white employees.
I hope you find peace and prosperity in a place where you are valued for being yourself
@@yourbrothereli thank you
I hate when there is no equal amount of men and women or other ethnicities it’s shows that management is biased
Luv this story, it’s so true for so many of us. Society puts too much pressure on going to college, only for minorities to not get the same opportunities and end up in debt or working somewhere they could get without a degree.
Yet, asians are dominating.
How ?
Pass Algebra 2, and don't pop out a kid.
Do those 2 things and 'you' won't face poverty.
Not that hard.
I mean water is wet. I just talked to a white female coworker in tech (yes she had the same experience and skill level and accomplishments) about seeing male counterparts being promoted in a shorter period of time after she was told she had to wait a year for her promotion (her coworkers got it in 10months). This combines with the fact that Culturally women and black people tend to rely on their work speaking for them rather than bragging and networking. This is in part because networking in a mostly white or male space that can be hostile (racial and sexual harassment) is way more daunting (eg people taking photos wearing your culture as a costume at office parties and bosses coming on to you ). If white women are feeling the consequences of unequal work environments, imagine how much more black woken and women of color are. As a black woman in tech I’ve had to “struggle to find an inclusive culture” too.
Have you tried to work from home that might help
And there are still people saying "I don't see color"
Isn't that the goal? To see character and that's it?
There are more factors involved that aren't being mentioned in this video. Being articulate and happy are usually big factors in the personality aspect of getting hired or not.
@@earlysda you say that as if you know more than the interviewees’ circumstances than they do. Why should anybody take your word
@@___zeke___7581 Character, as PieBoy mentioned already, is what is to be evaluated, of course with qualifications for the job. I've been given reasons not to be hired too. It's part of life.
Make no mistake. Corporate American is still WHITE white. No question about it. I was the only, in every single room I entered In all my private sector internships. When managers are white, recruiters are white...who do you you think they're more likely to hire & promote??
Yup , you can search a linkedin profile and see similarities with your own education. Yet , the position is granted to them. A bit hilarious when their language achievement is speaking learning to speak spanish. While one has been speaking both languages at an early age.
Legit, it’s all about your manager, if you don’t get promoted in an acceptable time frame. You need to leave and find a manager that’ll mentor you. It’s so hard to find
Or approach them and have some dialogue to determine what you can do to be of value to the company and in turn be promoted.
@@Shackleford_Rusty if they don't want to promote you, they will make the threshold for promotion so high that it will be easier to get promoted if you change jobs.
Unfortunately, having a supportive manager isn’t always the key. At the last company I left, my manager constantly championed for me internally. It didn’t matter because her boss, who had the final say on promotions for our department, kept blocking her requests to promote me. The last reason my manager relayed to me was, “he said he agrees multiple people internally have praised your work, but since he hasn’t seen it himself, he’s not comfortable promoting.” In her next breath my manager started brainstorming strategies about meetings I could get added to that her boss was also in to create opportunities where I could speak up in his presence. I appreciated my manager’s efforts because she knew I deserved the promotion. But I knew my experience was not unique so I opted to move on and have since upgraded my employment :) Bottom line, often individual managers do not control the entire promotion decision, so if there are other biased players at the table, discrimination will likely prevail.
No truer words have ever been spoken. It doesn't matter how good you are at your job, if your boss doesn't like you you won't be moving up.
They should put this in writing and enshrine it everywhere. *I'm just learning this is a thing.*
Not trying to diminish any of the people featured in this vid, but this is par for the course for any POC in corporate America. As a Latino man I very much felt this almost immediately out of school...can’t even imagine how much harder women have it. If you are waiting for a company to do right by you you will be sorely disappointed. My advise: Leave. As soon as you’re unfairly passed over for a promotion/raise start formulating your exit plan. My job is in stem and involves portfolio updating which takes a while. Usually time would pass to the point I’d even get a raise (still not matching the going rate) from the current job then use that figure to negotiate my salary while interviewing at other places. Leave the ‘come-to-Jesus’ meetings for others. This is the only way for POC to achieve upward mobility.
POC this guy is handing out solid advice! When companies discriminate, they lose their top talent, because the people with options move on. While we need to simultaneously work to eliminate the root problem, in the meantime we can leave companies and let them feel the impact when they have to replace us.
We go through the trouble of getting 2-3 degrees just tone offered insulting wages. HBCU school are not on Corporate Americans recruiting lists. African Americans have to work several jobs to stay up with living expenses or forgo having a family altogether.
Should I go on..😎
As a person of color I definitely can relate. Every job I have had in corporate America entry level jobs were filled by 75% minorities management and ceo were 99% white. I had to quite! It’s depressing to go to work and know that no matter what you do you will never get a promotion
@Artoria Pendragon I agree with this lady, you're pretty much in denial (most likely a white person who can in no way relate to her case at all) and it's because of people like you things are getting worse by the day.
Systemic racism does exist whether you wanna admit or not, which is why we have to create our own jobs, build our own institutions rather than depending on white people for a mediocre 9-5 job in which we'll always be seen as 3rd class citizens however good we are.
@Artoria Pendragon Nothing personal, don't feel offended by my comment and believe me I may not look like it but I deep down understand your stance, seeing oneself as a victim is indeed not something healthy, we got to find our own solutions rather than complaining and crying, I get that, however you can't in no way shape of form deny the fact that systemic racism causes black people to be at the bottom, which is done on purpose, it doesn't matter if we follow the rules, work twice as hard, or behave like submissive doormats, it's all irrelevant in the eyes of somebody who perceives a group of people as less than a dog.
Talking about "solution" if you read me correctly you would have known I came up with one : stop begging people who don't like us for jobs in which we're undervalued, underpaid and under-trained and start building our own economic institutions, making sure a black child by the age of 10 understands the ins and out of ownership, investing and entrepreneurship so that he is able to compete and win in this merciless society.
@Artoria Pendragon Wrong again, I don't stand for the democratic party at all, matter of fact I don't trust politics whatsoever, and though I'm no us citizen, biden was the worst choice ever and you folks will eventually pay for it, but anyway, the only thing I believe in is money, so I'd appreciate you stop speculating and stick to what you know just so you don't come across as a fool and I don't like dealing with fools.
But you are funny one though, so just because I say black people are facing racism (which again is objectively true unless you're blind and I can say you are) that makes me a democrats lol, it's either black or white with you, like no grey area at all, so you're telling me the world is a fairytale place where everybody is kind and equal ? What a joke.....you're so...deluded lol.
Then again I just told you the solution but you brushed it under the rug as if it didn't matter and painted me as a "democrat victim", but no wonder, after all you're not black, therefore how can you possibly understand, let alone relate ?
All my apologies, keep staying in denial, I don't want the the truth to hurt your fragile little soul lol.
My mentor told me straight up its not about what you know it’s about who you know. And my mentor was a Caucasian Jewish man. As a bw I can relate to this. You can have the same level of experience education try your hardest to assimilate the culture work double time and its still not good enough. I have just decided that I will not let this stop me or depress me.
Especially in nyc, I do think who you know and your network makes a very very big difference. It can be very hard at first but you can grow your network and it will pay off. A big aspect is character conduct, finding mentors, and being in likeminded social groups
@@shygirl6945 yep.
@@shygirl6945 not only that, but you have to be willing to denounce your Black identity (basically become a Tim Scott) to be promoted and paid the same as white people
I still don't understand why Ryan took a base salary of 33k in New York. It's hard to doubt or believe everyone because you can't really understand the thoughts in people's minds or if it's actually on purpose. And the reason people celebrate a diversity hire is because they have to get federal money and not finding one could've cost them big time. But being a black person about to join the corporate workforce, I can't lie I'm a lil scared on what I'll meet.
Just cover your butt. Just bc you’re hired, doesn’t mean that your white coworkers will want to work with you. You have to assimilate to their culture to progress.
The like/dislike ratio is juicy on this video lol
I'll bet soon comments will be either deleted, or turned off.
People say people should have a conversation about race. But yet anything that doesn't fit their opinion. They yet delete it.
@@saulgoodman2018 That is sad and unproductive. *I'm happy to see and partake on dialogue. Not childish RUclips rants and attacks.* Shocking to me when it spirals out of control.
CNBC always get a bunch of downvotes anytime a video related to race gets posted
@@esonon5210 That's because they lie about it.
@@saulgoodman2018 who is they and what do they lie about?
I just left Deloitte after 6 years, because I’ve been grossly underpaid. I’m disappointed that one of the big 4 companies is apathetic about mending the wage gap within their organization.
Good for you for recognising your worth 👏🏾 Go where you can earn, learn and grow
What was your line of service?
big four is a joke.
@@yukidejesus1956 I wouldn’t say that. It’s just may not be the right fit for some people.
@@wavygoods877 nah deloitte's culture is toxic
Ryan! O my goodness, it’s so good to see you on the interwebs. Thank you for sharing your story with the world. I’m glad you were able to stand up for yourself publicly. #ChocolateCardinal ✊🏿#Uj4Life
Why people are disliking this video?
because they don't believe in equality
I have a feeling comments with opposing views are being deleted. The like/dislike ratio is incongruent with the theme of the comments.
Alot of people feel threatened with inclusion and leveling the playing fields. I see this not just with black but with Indian-Americans applying to IT positions.
White don't like hearing that they are privileged
She went to Stanford and they're paying her 35k?! They robbing her!
It's all about value you can provide, not degrees and schools and I'd put it more on her if she thinks she deserves more. A software engineer for instance would just laugh to themselves while walking out of the room if they offered that.
A trash man makes more than that. MY GOODNESS!
@Patrick Chen Im black and went into banking. Probably one of my smarter decisions. Although, I dont make as much as my white colleagues, I make more than most and I went to a good school but definitely wasnt an IVY. People ask me how did I make it and I always say I snuck in through the back door when no one was looking. 😂🤣😂🤣😂🤣
@Ron Gosling this isn’t true
@@NightRidah777 she clearly isn’t a software engineer
I'm a Latina but I'm also a veteran holding a masters degree from a top 10 school. I'm currently make about 130k but I feel like in my field (goverment defense) it's very easy to overcome the wage gap than most others in private engineering or communications. I think more people should consider federal service or even the military to improve their potential wages. Just my 2 cents.
I mean the fed uses a set salary schedule, so I assume that helps a lot but I've also heard "good old boys club" is a common thing there.
@Ron Gosling lol yikes dude relax
@@robert1200 Oh yeah I absolutely agree with that. I'm not saying it's perfect by any means, there are problems in every field and every sector. I just mean it's a pretty good starting point for young professionals.
Agree. Also people should consider government contracting jobs (specifically in defense). The pay is usually generous and the workforce tends to be very diverse. Of course there will always be exceptions, but you just don’t see the same issues as you see in corporate America. I’ve worked with plenty of POC/women in upper management and in my last job I was promoted after 6 months.
@Arvykins 1 you are naive. Articulate or not, white people get their promotions. It’s almost automatic bc their real competition aren’t even considered
I’ve worked in tech for a decade and it’s so true. Me and my East and South Asian counterparts talk about this all the time: brilliant BIPOC people with advanced degrees and tons of experience remaining in entry or intermediary roles, while the exec and C-suite positions stay white. It’s crazy to see white with ppl with fewer qualifications and experience move up the ladder, and don’t get me started on nepotism.
I’m not saying white folks don’t work hard, many do. But they’re rewarded for their work with promotions much more frequently. Corporations will stay mediocre if they maintain employment bias.
Wow I'm so sorry to hear that, you should consider moving to a different company that will value your contributions to the organization
This is so immoral. Denying black people the opportunity to progress and make money and build wealth. IMMORAL!
I'd be embarrassed if I was hired because of an inclusion initiative.
You should be embarrassed that the problem got so bad that there had to be an inclusion initiative created in the first place.
Are you embarrassed if you're hired because you're so and so's friend? Or because you knew someone on the team? How are those hires any different than someone who was hired as part of an initiative?
@@jip230 No. Don’t rephrase your statement because someone called you out. You said what you said. Getting an opportunity is getting an opportunity.
@@jip230 fax
Yes these guys want affermative action. And now this . Lossers
There were more black executives in the 1990s than there are today despite it being more educated black people today.
Data?
@@artisticagi Google it.. What do I look like, mofos are cray.. you want the data.. cash app me and I will send it to you or look for it yourself.. you must be crazy
but what happened in the 2000s that caused it to be this way?
@@aamaravel2493 Easy.. societal shift.. You had a bunch of tech nerds with negative perceptions of black people do an extreme base jump up the corporate ladder and redefining the corporate ladder and corporate America. African Americans still do well in traditional sectors but have been virtually SHUT OUT of fast growing sectors like Tech, Crypto, and other startups despite having the capacity to exceed in these positions. The truth is it doesnt matter how skilled black people are, the end of the day certain people feel uncomfortable with black people and dont want them in there everyday inner circle ( thats just hard facts). They feel more comfortable with acceptable minorities like East Asians and then South Asians. Even South Asians ( darker skin) struggle in the tech sector. Look at Silicon Valley ( how many CEO's, CTO's, or COO's ) are actually dark skin South Asians? not that many.. its all white and east asians.. They basically built their own boys club for nerds..
Also it has been proven that black people are stopped by HR.. They have the worse people working in HR because they NEVER put forth the most qualified applicant. I remember this story about how this black woman with over 10 years experience and working as the interim manager for a company did not get the job. Emails even revealed she was the most qualified applicant but she was supplanted by an East Asian girl with 3 years experience. They said they " felt" that the East Asian applicant would be easier to work with. FELT being the key term not even giving the black woman an opportunity even though they said she would be good in the position. Its a mess.
@@prettynerd4779 jesus, you're a well-spoken educated chap, you should run for office
Create your own Business. Hint taken. Those people that 👀 see it will succeed. G'd. willing.
Keep making more content like this. This is such an important topic that needs to be had and talked about. We need to change this discrimination in the workplace..
I'm an African-American woman and I got promoted twice in my first 5 years on the job. Surprisingly, my last promotion was last summer during the peak of the pandemic crisis. I've been promoted from junior programmer, programmer, and now to senior programmer all in 5 years. Maybe the company she was working for wasn't fit for her. It happens that sometimes the position is your perfect dream position, but the work environment doesn't align. But if you're unhappy with your progression in a company because you think its based on racial bias, I would *anonymously* report it. You don't want to get blackballed going on RUclips complaining about a company.
The video includes statistics on top of antidotes from individuals. Bon Appetit (employer the black woman worked) was in a controversy last year and it was handled quite poorly. There was racism, sexual a*****t, they were called out for the lack of pay for non-white creators and it ended with a large portion of their staff leaving. You should look it up if you're interested in learning more - it was all public and the video has screenshots of various articles.
I think it's amazing you've been promoted. I too, am a black woman and have reached new heights in the pandemic. However, if you can't relate I would recommend getting acquainted with how your black peers may be treated to lend a hand when the day comes. Black people can do our best to keep our head high but we also face systematic barriers to moving up and are not in as many senior positions of power to change hiring and retention. I hope you make your way there :)
I'm glad that you have seen amazing growth at your company and I am rooting for you. I think the video touches on how as a whole black people tend to be least likely to be promoted due to different constraints and biases.
You must be either at an awesome company or you really take on the Black token role.
@@jeneshdobie3612especially black men
My mind was blown by 35k base with opportunity for overtime to 50k.
I think you can make more at target 15 an hour x 40 x 52 = $31,200 plus yearly bonus 5k. = 36k with a high school diploma. MY GOODNESS!
That’s nothing
Honestly! She went to Stanford for crying out loud.
They obviously just told her that bc they didn’t even approve her overtime
It's... a job writing articles. Most people free lance that and make much less.
Does anyone have contact info for Ryen?
Department of Labor isn't doing their job. Workers need protection for income growth. Why work with no yield? Slavery ended but the housing situations and wages aren't working.
A Corporation descends from the lineage of the plantation, so when he’s comparing it to the slave master, he shouldn’t excuse it, because he’s absolutely right..
Yeah lets exclude all the factors and compare nurses to doctors salaries.
I think you should only be hired based off raw skill.
There should be no skew based off race of gender.
That is inherently impossible. recruiting is done by humans which means that every decision will be subjective and skewed.
@@njk8517 You're wrong.. Not everyone relies on feelings, there are people that make decisions based on FACTS. Smart people.
@@njk8517 not impossible if your a good business owner. If you want high profits, you hire the best people.
@@good-tn9sr That's assuming that someone is automatically better than everyone else. But often time, all candidates in the final rounds are the best of the best. To distinguish from the pool, people resort to subjective matters such as affinity and familiarity. People are biased, that's life. Job recruiters and even college recruiters have admitted it.
@@mduvens That's very naive of you. Biases do not rely on feelings. Actually, people genuinely believe that their biases are facts because it is blinding. It doesn't change that they exist. Smart people acknowledge their biases.
Another reason why change at the top is glacial is risk avoidance and/or fear of uncomfortable encounters. God forbid an interloper, no matter how worthy, overhear a biased viewpoint and raise objection. This is less of a risk if you have a homogenous group, no matter what that homogeneity might be.
'employment' notification squad
Get a hobby kid
@@dertythegrower you must be fun at parties
@@itsgeib00 Why would you have post notifs on for this channel if Graham is just gonna react to everything?
@@DylanDocker ahahaha, I had it on before but then saw Graham did reactions to the finance ones. Small world.
@@DylanDocker WAIT FOR IIIT...
So true...
Earlier in my career I worked in the finance sector in Wall Street. Of the 29 employees in my department, me and another employee were the only people of color. Unfortunately, this is the sad reality of our society. But one thing I've noticed over time is that parents need to push their children to challenge the norms of society and become the best person they can be, no matter the obstacles. With this mindset, POC can break through these barriers and level the playing field.
This is putting the onus on POC when we should be putting the onus on structural racism within our society from our schools and education system to workplace discrimination.
To get a job on wall street, it's all about who you know. I'll bet 99% of people on wall street came from rich parents.
@@markobryantcu structural racism is a myth
@@markobryantcu I'm not dismissive of the structural racism. My statement focuses on one approach that gives rise to a collection of people that is willing to challenge societal norms and gives them the tools to use their abilities to their fullest potential. I grew up in public housing. Many of the kids I grew up with have ended up in jail or dead. This is a problem that needs to be addressed. I did not say it is the only problem, but still one that must be addressed.
Do you think the situation you encountered was racist or because less people of colour applied/didn't get accepted?
motivation to create your own company and b your own boss
easy in 2021
Change the title to: How Corporate America Is INTENTIONALLY Failing Black Employees. If you are going to make changes, you would look for solutions. We ALL (even black employees) know how to fix it. This is on purpose at this point. We all know it.
@Ash Hegde please name the multiple asian executives in corporate america...i'll wait. be yet why not look up the numbers before you open your mouth.
@Ash Hegde look at from macro vs micro genius. CEO (1) but multiple levels of executive positions with in that one company slim to none. Really thought you did something how adorable. "Mouth stuffed": go get laid or go pay your only fans account that you follow. So only one can make it within each company uh? Wake up and do it very fast.
I was working at WeWork before the fall and found out I was being paid less than my white, younger and less experienced counterpart by over $10k a year. Spoke up about it and was basically asked to forfeit my yearly promotion for the “pay correction” or wait and see if they would rectify it during that promotion. Spoiler alert, it was never rectified.
You ever think maybe, he was just better? He could have easily negotiated something and be a smooth talker, but nope. Blame the white guy for everything
@@andresa6049 THANK YOU!!!!!
I’m a black woman in this video has really made me depressed it’s worse than I thought
@Ron Gosling So what are you saying racism doesn't exist???
@Ron Gosling but whether you concentrate on it or not it’s going to be there we have to find ways of society to help make it stop. Before clicking on this code I knew the likes and dislikes were gonna be 50/50 there are always ppl like yourself who pretend racism doesn’t exist must be nice huh?
Same thing happens in the 🇬🇧 UK
This is the time to start my own side business and eventually my own business so I can make my own way.
Hopefully she finds another opportunity or makes her own
I love getting a notification that says "employment"
Same
College failed me by not giving me straight A's!!!
Ryan is a very brave woman. I hope she finds success and happiness in the near future.
Thanks for this video!!
We should be careful on money disposal , if you're not spending to earn or get back money, then stop spending.
Apparently my view on the solution is to venture into trading cryptocurrency
True! Investing in crypto now should be in every wise individuals list, in some months time you'll be ecstatic with the decision you made today.
I wanted to trade crypto but got discouraged by the fluctuations in price
@@santasubba8065 that won't bother you if you trade with a professional like Mr Charles Schwab
I'm a living testimony of Mr Charles
Oh these comments make for a great essay material omg!
Right?! VERY INTERESTING
Loved her and every bit of this story! Thank you for sharing
The cause is what causes the pay gap
Oh my this resonate with my situation thank you CNBC
We have to get licensed and certified and honestly need to start creating the kind of environments we want to be apart of. That’s when you’re going to see the change, because if they see that you’re successful, they’re going to have to compete..
I have also had a similar experience working in corporate America. I barely got support from my peers. That is why I taught myself to invest in the stock market, real estate, crypto currency’s. I believe those investments will help free me long term.
This is Gucci Ameri in NYC. I don't care what black celebrity you see endorse them! The corporate/HR world there is horribly Racist! They keep down and out of the best of the best and don't get me started with N word! They hire black people for certain roles to look the part in the company.
Just realized she went to my hs, the class right above mine. She was a goated soccer player
P listen I interned for corporate America for 4 months and knew it wasn't for me and I also knew that it was a buddy system for sure but the greatest lesson I learned was that it showed me how to work for myself and be responsible because you can get some good work experience out of these corporations so all is not bad but you can't do it forever and expect to have a mentally healthy experience cuz it won't go hand-in-hand most of the time
We’re living in a paradox, we’re working and living with people, who are in complete fear of us and what’s worse is that they’re in control of everything. Even if we dream big, we have to factor in, the larger societies fear of us in those dreams. Because their fear of you simply won’t let you be. Still go after it by all means but please factor in that major hurdle: American societies fear of who you are. Your employer, your landlord, your co-worker, your neighbor, your grocery store clerk, your food server, in a lot of cases your significant other.
So no matter how much we try to fit in, that hurdle is going to always be there..
And we fear each other
Me waiting for graham to post a reaction to this video ◡̈ Graham if you see this, it’s a sign to catch something to eat when I come to Las Vegas in July!
@@danteangelo2128 Who else, the man the myth the legend
I feel like he won’t... 😞 not his style unfortunately.
Question is the elephant in the room?
True OGs remember when this was "employment"
The title of this is so .. omgaud 🙄
The notification '' employment ''
Why is there such a bias on what certain people make by the color of their skin? This is quite sad and I am appalled at the fact that minorities as a whole are not getting paid equally.
Why is this a surprise to any of you? I have been watching from the UK how the US operates and POC will NEVER succeed and the game is against you! Rather than working for these companies that simply do not want you, you MUST begin to create your own economies, it is the ONLY way. The nonsense I have endured in my professional career you wouldn't believe however I now understand at 32 years of age that it is not a coincidence. Start your own publishing, magazine, recruitment, social network, trading company. What ever it is start, we all have on par skills to make these companies work but you have to START!
Great piece.
im so glad CNBC did this. I am welling to do on Jetblue airlines. they are worst!
Looking at skin tone to set as a reason for success or failure is complete garbage. People from Asia on average are more successful on average than people descended from Europeans but have much darker skin tones. Why, because of a culture of hard work and education. Why do people in some areas fail, go out in the middle of the night and you see them out partying in the streets. Go out in the afternoon and see them hanging out in the streets instead of going to school or working. A culture of success teachers education, respect for authority and hard work. A culture of failure teaches not paying attention in school, fighting the police, blaming others, not working hard and party whenever.
LOVE this Topic….Corporate America has FAILED Black Employees. Thats what they are design to Accomplish.
They reflect America which itself has failed Black America. Thats what it is designed to Accomplish.
Degrees have become a waste of time, effort, if successful they provide everlasting servitude to a system you resent with each paycheck. ( not enough time here to mention Student Debt )
I'm a black man and corporate america has not failed me. Maybe I'm an outlier but my degree got me the interview and the rest was up to me.
💯💯💯
@@georgecantstandya342 No, the long and silent suffering of countless and nameless black people got you the interview, ie: your Ancestors. The benchmark of failure will be what level of progress you achieve vis a vis your non-black counterparts.
lose out, not lose?
There are some black managers that are biased. I witnessed it working at Food Lion.
DIVERSITY in the work place is very important for a stronger USA
Actually it turns out every workplace is already 100% diverse because they are made up entirely of unique individuals. How cool is that.
You know when you're applying for a job and they ask to fill in your race/ethnicity, yeah that's the issue!
I guess I really haven’t thought about that
So true
HR people are legally not allowed to look at those fields during the interview process. It’s mostly for statistics so they can figure out if they’re not hiring enough of certain races.
@@harrychufan why not do that after they hire! 🙄
Yeah, like they're not going to know I'm a Black woman when I show up for an interview. Just take away those race/ethnicity boxes and everything will be a-okay... It doesn't quite work that way
12 percent at entry level? that's almost representative of the population. 7 percent at managerial level? that's where the real problem is
Eh you need more stats. How many applicants for entry level based on race? If there hiring 12% POC but only 8% of the applicants were actually POC then it will imply there’s an advantage for POC based on their skin
The wealth and wage gap is crazy. It's unacceptable...
Why is know-one hiring black men? I'm confused. As far as the EEOC, you can control a smaller group especially is the representation is already at bare minimal.
Cause they’re racist and intimidated by black men .
I feel this, I'm in corporate and always feel I had to watch what I do and say more than white counterparts. Been working for 5 years never got a good raise/bonus. It's a race to the bottom feeling
@@joshn2342323 that's what going to need do, it's an unfortunate system. Everyone told me job hop every 2-3 years till you feel you got enough. Didn't think it was necessary, but after covid my company made record profit and said money was tight and I wouldn't get a raise or bonus this year
I'm happy that this issue is being addressed. Honestly I try not depend on just my corporate job to get the income i want. That's why I invest a lot of my money. I also purchased my first home/rental property in Brooklyn NY. I even created my RUclips channel to share the steps i took to buy the property
It’s great that black peoples are taking their futures into their own hands but that doesn’t erase the inequality of it or the lack of options for black folks who may just want steady, salaried work over contract positions and 50leven jobs
Exactly investing in stocks and bonds is important you will need to live off of bond ladder accounts
👏🏾👏🏾👏🏾👏🏾
1:40 Are the PhDs in the same field? A researcher with a doctorate in a hard science is going to deservedly be paid much much more than someone with one in the liberal arts or social sciences.
Nice work 🎇🎆🌠
You get paid for value.
so the dude at 13:00 basically says that hiring someone for their skills is rooted in slavery? This is the reason why so many people disliked the vid, you have people with actual problems, and then there's jokes like these who claim that eating a sandwich is racist, or using the bathroom is sexist.