Retaining African Americans in the Accounting Profession
By Leslie Traub, Principal Consultant
For years, there has been widespread recognition that the turnover of African Americans in accounting has been problematic for the profession. Although there have been rigorous efforts to address the issue, especially in public accounting, the problem persists. Most effort has been directed at the level of the individual associate or employee and enhancing his or her ability to relate to dominant culture environments. These efforts may be personally effective but haven’t stopped the tide of turnover among African Americans in the accounting profession.
As organizations look at their diversity efforts, it is important that they make sure these efforts are fully joined to their business objectives. Without this connection, the efforts expended on diversity will not succeed. In difficult times, it is de-emphasized and any gains previously achieved are lost.
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