—Chevron and Medtronic are top employers overall for Asian Americans, survey finds—
NEW YORK, NY; May 13, 2021—In an environment marked by the ongoing COVID-19 pandemic and rising anti-Asian sentiment in the United States, Asia Society’s new publication Asian Business Survey assesses the challenges and opportunities currently facing the Asia-Pacific American (APA) community in the workplace. While the survey highlights successful efforts by companies to prioritize diversity and inclusion, it also indicates that a significant number of survey respondents expect increased conversations about fairness are short-lived.
“The Asian Business Survey is particularly timely and important in light of the recent wave of anti-Asian racism in the United States,” said the Asia Society’s executive vice president. Tom Nagorsky. “The survey and our annual symposium include a review of business responses to COVID-19 and issues of racial equity and social justice that are critical to translating commitment into action.”
Now in its 12th year, the Asian Corporate Survey is a nationwide benchmarking study assessing the growth, development, and advancement of Asia-Pacific (APA) American employees at a range of Fortune 500 companies nationwide. .
“First of all, I want to congratulate the participating organizations and the winners,” said Omran Beba, Chair of the Asia Society’s Global Talent and Diversity Council and August Leadership Partner. “I would like to thank Asia Society for keeping diversity, equity and inclusion in mind and also for giving organizations a chance to showcase their best practices, especially in these times of social injustice. and increased anti-Asian sentiment.We are stronger when we courageously share, celebrate and discuss the issues that matter.
The Asian Business Survey showcases the transformational work of companies that are succeeding in changing workplace culture and prioritizing diversity, inclusion and opportunity for Asian, Asian American and South Islander talent. Peaceful. Examples of how to improve critical conversations related to racial equity, subtle and overt bias, and racism are featured from award-winning companies.
At the same time, the Asian Business Survey highlights the need for targeted professional growth opportunities for APA employees, as well as the need for more action to address racial equity in the workplace.
A significant number of survey respondents indicated that they expected increased conversations about equity to be fleeting and were pessimistic about the prospects for meaningful action that would lead to real change. Nearly 30% believe their companies have not engaged APA employees enough in broader conversations about racial equity.
The survey also assessed the ways in which companies are supporting the skills development of young APA employees, a growing segment of the workforce. Read the summary here.
The survey findings and recommendations were discussed at the Asia Society Global Talent, Diversity, and Inclusion virtual symposium, United, we rise. Based on employee responses to the survey, Asia Society has awarded Best Company Awards for Asia-Pacific Americans as follows.
2020 Asia-Pacific Americans Best Business Award Winners
Best Overall Employer for Asian-Pacific Americans
Winner
Chevron
Finalist
Medtronic
Most Innovative Employer
Winner
Medtronic
Finalist
Chevron
Raising awareness and inclusion of APA employees during the COVID-19 crisis
Winner
Medtronic
Finalist
Goldman Sachs
Racial Equity and Social Justice APA Employee Awareness and Inclusion
Winner
Medtronic
Finalist
Chevron
Support workforce skills development for APA employees under 40
Winner
Medtronic
Finalist
Chevron
Honorable mentions
Recruitment & Selection
Medtronic
Retention
Medtronic
Employee growth and advancement
Chevron
APA Employee Resource Groups
Chevron
Marketing to Consumers and Investors APA
P&E
Supporting APA Women, LGBTQ+ APA Employees
Marriott International
AIG
