Tech companies lag behind their Black Lives Matter pledges | MIT Sloan
“Despite these public displays of commitment to DEI — and the investment of billions of dollars over the last seven years — there is little evidence of tangible progress overall,” said Blendoor founder and CEO Stephanie Lampkin, MBA ’13.
The report also spotlights that there are no Black females who are named executive officers (usually the five highest paid executives at a publicly traded company) in the 240 tech companies analyzed. Women only make up 15% of those named executive officers and on average make 21% less money than male named executive officers. And there are 49% fewer Asian executives compared to Asian workers at entry-level positions, the largest drop-off in the tech pipeline according to the report.
D&I data from the US tech sector via Blendoor.