The group suffers a bigger drop-off in representation between entry-level jobs and top management ranks than other workers—and faces over $1 million in missed lifetime earnings due to pay gaps, a new report from LeanIn shows.ellie Borrero wasn’t a typical entry-level hire when she started her job at Accenture in 1986.
Just 1% of C-suite executives are Latinas, while 27.4% of those roles are held by women overall, the report found. They also face a persistent pay gap that leads to $1.2 million in average missed earnings over a lifetime, the report calculates, and a wider falloff in representation between entry-level roles and the C-suite than any other ethnic group.
The underrepresentation spans entire careers. Latinas make up 9% of the total U.S. population but just under 5% of entry-level workers in corporate roles, the analysis found, which include sectors like banking, tech and professional and information services. “There is a big emphasis on education within the Latino community,” says Diana Caba, vice-president for economic development at the Hispanic Federation.
Latinas face the largest drop in representation when climbing up the corporate ladder. The largest gap is moving to manager level, where their representation drops about 1.5 percentage points., but the numbers are bleak for Latinas in the corner office.
Source: Entertainment Trends (entertainmenttrends.net)
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