Microsoft, after having announced in June a plan to double the number of Black managers and leaders, released new annual diversity data showing the company is still struggling to increase representation.
The software maker said it increased the proportion of both groups by 0.3 percentage points in the past year, with Black workers rising to 4.9% of its U.S. workforce and Latino employees increasing to 6.6%. The U.S. Census Bureau estimates each group accounts for more than 13% of the country’s population.
Black and Latino workers are even more poorly represented in management roles, with Black employees making up between 2.6% and 3.7% of the people at various levels of manager and executive. For Latino employees, those numbers range between 3.3% and 5.4%.
Why do we care?
This is a hard problem to solve, and it’s going to take more than things we have tried in the past, particularly as related to the gender equality gap, which this podcast’s own research shows we have significant lengths in leadership to make.
Microsoft has made commitments that extend out to 2025, which leaves us with two reasons we care.
First, to make change here – which has been shown to drive increased business performance – big bolder steps will be required.
Second, we have to continue to measure this over time.