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Did you Know? Hispanic female executives A demographic study of Hispanic executives and leaders chosen for the Top Hispanic Women in Business of 2002 revealed: The typical respondent is between ages 41 and 50 and has been with her current employer more than 10 years Nearly one third of respondents (32 percent) attested to having experienced workplace discrimination based on their Hispanic ethnicity More than half (54 percent) reported discrimination based on gender of the 54 percent that experienced gender discrimination: 78 percent said such discrimination affected their hiring and promotion opportunities 70 percent felt it contributed to pay inequalities Close to 70 percent of respondents said they have benefited from affirmative action or diversity programs Latina executives say that moving up the career ladder requires not only working hard and excelling at your job, but advanced networking skills are necessary. Source: diversityhotwire.com and HispanicBusiness.com Characteristics of Women Business Owners Women business owners are prepared to face risk: most (66%) are willing to take above average or substantial risks for business investments. Women and men business owners have different management styles. Women emphasize relationship building as well as fact gathering and are more likely to consult with experts, employees, and fellow business owners. Women owners of firms with $1 million or more in revenue are more likely to belong to formal business organizations, associations or networks than other women business owners (81% vs. 61%).
Greater educational attainment usually results in lower unemployment rates: women with less than a high school diploma—9.7 percent; with a high school diploma—4.8 percent; some college, no degree—4.5 percent; and bachelor’s degree and higher—2.4 percent. http://www.dol.gov/wb/stats/main.htm |
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