Corporate doors open wide: as large corporations realize the benefits of a diverse workforce, career-minded gays and lesbians are being recruited like never before.Like many MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration students entering an elite business school, Kevin Smith, 28, knew he'd be courted during his first year by recruiters from some of America's top corporations. What he didn't plan on was how much his being gay would factor into the recruitment process--in a good way. America's big corporations have discovered that employee diversity can boost their bottom lines, and Smith's generation of LGBT LGBT Lesbian, Gay, Bisexual, Transgender power players has become the target of corporate recruiters who are employing a variety of innovative methods to reach out to them. A student at 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 University's Stern School of Business, Smith attended the Reaching Out MBA conference in Chicago last year, where he met with and was eventually recruited by American Express American Express (NYSE: AXP), sometimes known as "AmEx" or "Amex", is a diversified global financial services company, headquartered in New York City. The company is best known for its credit card, charge card and traveler's cheque businesses. to be an intern intern /in·tern/ (in´tern) a medical graduate serving in a hospital preparatory to being licensed to practice medicine. in·tern or in·terne n. this summer. The annual student-run event brings gay and lesbian corporate job seekers together with recruiters from some of the nation's largest companies, including Home Depot The Home Depot (NYSE: HD) is an American retailer of home improvement and construction products and services. Headquartered in Vinings, just outside Atlanta in unincorporated Cobb County, Georgia, Home Depot employs more than 355,000 people and operates 2,164 big-box , Target, General Electric, and Toyota. "Workplace diversity is something that American Express has always stood behind," says Smith. "They see their corporate culture as being a reflection on the diversity of both New York--being a New York-headquartered company--and more importantly, on the nation as a whole." Linda Hassan, director of diversity recruiting for American Express, says her company understands the role people like Smith can play. "We are a global company, with global customers served by employees of various races, nationalities, and experiences," she says. "To be successful in the marketplace, it's important that our workforce reflects our customer base." The gay community has a lot to offer the nation's top employers, says Dan Honig, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of WorkplaceDiversity.com, a job-search Web site dedicated to helping recruiters broaden the spectrum of their employee bases. "Facts are facts, and with the gay and lesbian community, education levels are simply higher than average," he says. "There are so many wonderful opportunities for companies to have top talent and a diversity of thought that doesn't currently exist in their companies." Ed Bullock, vice president of diversity for L'Oreal USA, which had a booth at the Reaching Out conference, is counting on it. "Diverse organizations are more innovative and creative, and a key cornerstone of a diverse business is creating a diverse workforce," he says. "Diversity is a key business strategy for L'Oreal, because we believe it has a direct impact on the bottom line." So moved was Smith by the importance and value of the Reaching Out conference that he's now helping to organize this year's three-day event three-day event a competition in the pleasure horse sport comprising usually one day each for dressage, cross country and show jumping. , which will bring together more than 30 companies and 600 candidates this fall in New York. "As a marketing person, I've always been a firm believer that companies who are trying to sell their services and sell their products need to reach out to an even more diversified nation," says Smith. "You know, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. isn't the Wonder-bread suburbs of the 1940s and '50s that it once was in popular imagination. More and more, companies are realizing that they need to have a tacit understanding of what's going on What's Going On is a record by American soul singer Marvin Gaye. Released on May 21, 1971 (see 1971 in music), What's Going On reflected the beginning of a new trend in soul music. in the population as a whole--not only to compete but to be good citizens for their customers." Allen is a freelance writer based in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. .
BY THE NUMBERS
From a recent national survey of gays
and lesbians on workplace issues
54% said gay-friendly policies are
"critical" to their decision about
where they decide to work
38% said gay-friendly policies contributed
to their happiness at work
74% reported being out at work
39% reported experiencing some form
of antigay discrimination or
harassment in the workplace
19% said there were barriers to getting
a promotion because of their
sexual orientation
Source: Lambda Legal/Deloitte Financial Advisory Services LLP
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