Etsy Increases Black, Latinx Hire Count. Veterans, Disabled Next – HR Dive

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Dive Brief:

  • Black and Latinx employees represented 15% of Etsy’s 2019 hires in the U.S. — more than double the company’s 2018 numbers, Elizabeth Spector Louden, the company’s head of diversity and inclusion, said in a blog post Jan. 29. The majority of the hires at the e-commerce website were in the engineering field.
  • By the end of 2019, black and Latinx employees also represented 11% of Etsy’s U.S. workforce, an increase from 8.5% in 2018. As of Sept. 30, 2019, Etsy had 1,034 employees globally, a company representative told HR Dive in an email. The percentages of black and Latinx employees included in the announcement only reflect Etsy’s U.S. workers. “We don’t share country-specific figures but our U.S. employees make up the majority of our workforce,” the representative said.
  • Louden said Etsy plans to roll out several diversity initiatives in 2020, launching a sponsorship program, expanding a mentorship program and focusing on veterans, older workers and those with disabilities. The company also will donate space in its Brooklyn headquarters to Code Nation, a tech education nonprofit teaching students in under-resourced high schools. More detailed diversity data will be included in Etsy’s 2019 10K document to be released in late February 2020, according to the blog post.

Dive Insight:

Diversity, inclusion and equity are critical in building business value, and organizations that execute best practices tend to do better financially, according to …

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