Hispanic Americans are routinely underrepresented in leadership positions across various industries. Consider this, while Hispanics comprise approximately 18 percent of the U.S. population and have a labor force participation rate among the highest of any race or ethnicity [PDF], they make up only 2.7 percent of Fortune 1000 company board seats, 4 percent of large U.S. companies most senior positions, and 8 percent of STEM employees.
The figures are even more dire for Latinas, who comprise only 0.69 percent of U.S. executives. And the future pipeline of Hispanic leaders faces challenges too, with fewer than half of Hispanics seeing high-growth STEM fields as welcoming to them.
We are losing out on a significant component of the population that is young, educated, entrepreneurial and poised to serve in our industries. This is the Latino paradox. But associations are positioned to create the right environment for professional growth.
Please select this link to read the complete article from ASAE’s Center for Association Leadership.