Citigroup Third on DiversityInc's Top 50 Companies for Diversity List.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Citigroup is pleased to announce that in its third time competing in DiversityInc's Top 50 Companies for Diversity list, Citigroup ranked third overall. Citigroup also ranked second in the Top 10 Companies for Latinos, third in the Top 10 Companies for Asian Americans This page is a list of Asian Americans. Politics
Last year, the company made DiversityInc's lists for The Top 50 Companies for Diversity, The Top 10 Companies for Latinos, The Top 10 Companies for Executive Women, The Top 10 Companies for Recruitment and Retention, and The Top 10 Companies for GLBT Employees. A total of 203 companies competed in this year's survey. "Diversity is a key component of our overall business strategy and is critical to meet our objective to be the employer of choice, service provider of choice, business partner of choice, and neighbor of choice globally," said Ana Duarte-McCarthy, Director, Global Workforce Diversity, Citigroup. "We are proud of our ranking on DiversityInc's list and are committed to continue our efforts to achieve the highest rankings in all categories." The fifth annual Top 50 Companies for Diversity list was released Monday on www.DiversityInc.com. The most in-depth empirical analysis of corporate diversity management and planning, the Top 50 Companies for Diversity survey is the only national ranking of its kind since Fortune's elimination of its Best Companies for Minorities survey. This year's ranking is based on 230 detailed questions analyzing human capital, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. commitment, corporate communications Corporate communications is the process of facilitating information and knowledge exchanges with internal and key external groups and individuals that have a direct relationship with an enterprise. and supplier diversity Supplier Diversity is a business program that encourages the use of previously underutilized minority owned vendors as suppliers. It is not directly correlated with supply chain diversification, although utilizing more vendors may enhance supply chain diversification. . The methodology is unbiased and ethical and advertisers receive no special preference. The Top 10 Companies for Recruitment & Retention will be showcased on www.DiversityInc.com on Monday, April 18th. Details of all the listings, the methodology and the diversity strengths of the winning companies, including Citigroup, will appear in the June issue of DiversityInc magazine. "How well a company manages its hiring, recruitment and retention practices directly affects its competitive edge and may well be the deciding factor in its very survival," said Luke Visconti, partner and co-founder of DiversityInc. "Citigroup's substantive employee programs ensure that its pipeline is full of top talent who want to build a future with the company because they are treated well and prepared for advancement through proper succession planning Management Succession Planning In organizational development, succession planning is the process of identifying and preparing suitable employees through mentoring, training and job rotation, to replace key players — such as the chief executive officer (CEO) — ." In the human-capital area, where Citigroup scored high, important factors included: top 10% highest paid employees, CEO commitment, diversity training, management compensation linked to diversity, and measurement of recruitment, retention (new this year), promotion and salaries. Also new this near, recruitment and retention factors were broken down by race for men and women, and managers were measured at different levels. Publicly traded corporations that make the Top 50 list will automatically qualify for the DiversityInc Top 50 Companies for Diversity Stock Index. The market-cap index is calculated by Standard & Poor's and proves that there is a link between the empirical data identifying a company as a national diversity leader and its stock performance. Citigroup (NYSE NYSE See: New York Stock Exchange : C), the leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, insurance, securities brokerage, and asset management. Major brand names under Citigroup's trademark red umbrella include Citibank, CitiFinancial, Primerica, Smith Barney Smith Barney is a division of Citigroup Global Capital Markets Inc., a global, full-service financial firm, that provides brokerage, investment banking and asset management services to corporations, governments and individuals around the world. , Banamex, and Travelers Life and Annuity. Additional information may be found at www.citigroup.com. |
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