Diversity and equality

The move is part of the effort by banks and other companies to promote racial equity and be more sensitive to the stresses on front-line employees.

By 2022, boards with at least nine directors would have to include three or more minority members, the California Assembly said.

As employers grapple with creating more diverse and inclusive workplaces, bringing awareness to how microaggressions ostracize their employees is a critical step.

As many as a half-dozen companies, including Wells Fargo and Delta Air Lines, have said they’ve adopted workforce quotas in recent months.

More female talent in an organization creates greater job satisfaction, stronger organizational dedication, less burnout, better retention and higher engagement.

JPMorgan Chase's decision to depend on virtual interviews, predating the coronavirus outbreak, has allowed the firm to connect with more candidates from more schools than ever before.

With activists and shareholders increasingly pushing for diversity on boards of directors, experts suggest searching for new directors in a wider pool of candidates.

Since the nationwide Black Lives Matter protests spurred by the killing of George Floyd by Minneapolis police, the racial make-up of boards is getting a closer look.

Non-white workers accounted for 73% of cases linked to 210 workplace outbreaks in Utah through early June, even though such employees made up only 24% of the workforce, according to the U.S. Centers for Disease Control and Prevention.

Black women have it the hardest in corporate America, and it will be even more difficult for them to overcome systemic barriers to advancement in a pandemic, according to Facebook chief operating officer Sheryl Sandberg.