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Breaking The Glass Ceiling

Breaking The Glass Ceiling. Bank of America vs. Minorities. Bank of America was found to have discriminated against African-Americans and Latinos by charging them higher fees and rates for loans from 2004 to 2008

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Breaking The Glass Ceiling

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  1. Breaking The Glass Ceiling

  2. Bank of America vs. Minorities • Bank of America was found to have discriminated against African-Americans and Latinos by charging them higher fees and rates for loans from 2004 to 2008 • “employees charged Hispanic applicants in Los Angeles an average of $545 more in fees for a $200,000 loan than they charged non-Hispanic white applicants with similar credit histories” • (http://www.nytimes.com/2011/12/22/business/us-settlement-reported-on-countrywide-lending.html)

  3. Wal-Mart vs. Women • Women are bringing a lawsuit against Wal-Mart for pay and promotion discrimination • “A California district manager for Sam’s Club said he had paid a female employee less than a male counterpart because the male manager “supports his wife and two kids,” the lawsuit says.” – NY Times • Equal Pay is not an isolated problem. “Women's earnings were 77.0 percent of men's in 2011” (http://www.nytimes.com/2011/10/28/business/women-file-new-class-action-bias-case-against-wal-mart.html?_r=0) (http://www.pay-equity.org/)

  4. What About Business? • Overall, women hold only 4.2 percent of CEO positions in the Fortune 500 • 1.2 percent of CEOs in the Fortune 500 are African-American • 1.4 percent of CEOs in the Fortune 500 are Asian • 1.2 percent of CEOs in the Fortune 500 are Latino • (http://www.catalyst.org/knowledge/women-ceos-fortune-1000) • (http://www.diversityinc.com/facts/wheres-the-diversity-in-fortune-500-ceos/)

  5. What About Sports? • Champaign Park District, like most park districts, has children playing together until 3rd grade, when they are separated into boys and girls • Also start traveling more at that time, which means more expensive, needs more transport • Only 3% of head college football coaches are African-American • Why do we see more African-American basketball players than baseball players? • Who does this limit? • http://sports.espn.go.com/espn/columns/story?columnist=wojciechowski_gene&id=3695007&sportCat=ncf

  6. What About Media? • Who sits at the anchor desk? Who does weather? Who does sports? • PBS reported that women consistently only play one out of every three roles in prime time TV • It also reports that only 18.3 percent of prime time cast are minorities • (http://www.pbs.org/wnet/insidelocalnews/behind_women.html)

  7. LGBT at Work • 15-45% of homosexuals report some sort of discrimination or harassment • 90% of transgender workers report some form of harassment or mistreatment • 8-17% report being fired or passed over for a job because of their identity • http://www.americanprogress.org/issues/lgbt/news/2011/06/02/9872/gay-and-transgender-people-face-high-rates-of-workplace-discrimination-and-harassment/

  8. What If I’m Middle Class, White, and Male? • College admissions and earning scholarships might be trickier • Princeton University stated “underrepresented • minority status may be one of the most conspicuous of the so-called bonus factors,” • Study reported in 1997 that African Americans had a 33% higher chance of being admitted • Hispanics had a 21% higher chance of being admitted • (http://www.princeton.edu/~tje/files/webAdmission%20Preferences%20Espenshade%20Chung%20Walling%20Dec%202004.pdf)

  9. These are just some examples of statistics and stereotypes present in the workplace today. There are many that aren’t covered, but are still present. Use the available research and what you know about your job of choice to start your paper!

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