Create Account



The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Reverse Racism?????

#1

Bosses at one of the world's biggest investment firms State Street will need to get special permission to hire white men as part of new diversity drive
  • State Street aims to triple number of black, Asian and other minority senior staff
  • Failure to meet  target by 2023 will result in executives' bonuses being lowered
  • The investment firm has 30 offices worldwide and employs 39,400 people
  • Recruiters must show that candidates have been interviewed by a diverse panel


https://www.dailymail.co.uk/news/article...OvnuOCSpO4
[Image: review.jpg]
Reply

We show less advertisements to registered users. Accounts are free; join today!


#2

Racism is racism. Regardless, if a company begins hiring and promotion practices using race quotas rather than merit, bonuses will be the least of executive worries in a couple of years.
Reply

#3

Let the more qualified candidates kick their butt on the open market
Reply

#4
(This post was last modified: 11-07-2021, 12:06 PM by The Real Marty. Edited 3 times in total.)

(11-07-2021, 11:52 AM)homebiscuit Wrote: Racism is racism. Regardless, if a company begins hiring and promotion practices using race quotas rather than merit, bonuses will be the least of executive worries in a couple of years.

Race quotas are not racism by the commonly accepted definition of racism.   Race quotas are discrimination, though.  Quotas are a very bad idea, and I don't think they're legal.  At least, not in the United States.  

From reading the article, though, I'm not sure they are doing what the OP alleges they are doing.  

Bosses at one of the world's biggest investment firms will need to get special approval to hire white men as part of a new diversity drive.

But do they really?  The article goes on to say,

[font=graphik, Arial, sans-serif]Recruiters must now create a panel of four or five people that includes a woman and someone of an ethnic-minority background when hiring middle management staff - employees at vice-president and above.  
Ms McNicholas added that State Street will still hire white men, but recruiters will now need to show that women and ethnic minority candidates have been interviewed by the diverse panels.
[/font]


That last part reads more like the Rooney Rule than some sort of quota.  
 

Reply

#5

(11-07-2021, 11:57 AM)The Real Marty Wrote:
(11-07-2021, 11:52 AM)homebiscuit Wrote: Racism is racism. Regardless, if a company begins hiring and promotion practices using race quotas rather than merit, bonuses will be the least of executive worries in a couple of years.

I wouldn't call it racism.  It's discrimination.  It's a very bad idea, and I don't think it's legal.

You're correct, I was just clarifying the reverse racism remark.
Reply

We show less advertisements to registered users. Accounts are free; join today!


#6
(This post was last modified: 11-07-2021, 12:10 PM by The Real Marty. Edited 3 times in total.)

(11-07-2021, 12:05 PM)homebiscuit Wrote:
(11-07-2021, 11:57 AM)The Real Marty Wrote: I wouldn't call it racism.  It's discrimination.  It's a very bad idea, and I don't think it's legal.

You're correct, I was just clarifying the reverse racism remark.

I read the article after I posted that remark, and I'm not sure they are actually doing what the OP says they are doing.

From reading the article, it seems like they are walking right up to the line that separates discrimination from equal opportunity, and almost, but not quite, stepping over it.
Reply

#7

(11-07-2021, 11:57 AM)The Real Marty Wrote:
(11-07-2021, 11:52 AM)homebiscuit Wrote: Racism is racism. Regardless, if a company begins hiring and promotion practices using race quotas rather than merit, bonuses will be the least of executive worries in a couple of years.

Race quotas are not racism by the commonly accepted definition of racism.   Race quotas are discrimination, though.  Quotas are a very bad idea, and I don't think they're legal.  At least, not in the United States.  

From reading the article, though, I'm not sure they are doing what the OP alleges they are doing.  

Bosses at one of the world's biggest investment firms will need to get special approval to hire white men as part of a new diversity drive.

But do they really?  The article goes on to say,

[font=graphik, Arial, sans-serif]Recruiters must now create a panel of four or five people that includes a woman and someone of an ethnic-minority background when hiring middle management staff - employees at vice-president and above.  
Ms McNicholas added that State Street will still hire white men, but recruiters will now need to show that women and ethnic minority candidates have been interviewed by the diverse panels.
[/font]


That last part reads more like the Rooney Rule than some sort of quota.  
 

The flip side of that coin is will the diverse panel recommendations be based on meritocracy, or race and gender?  

When will people learn that anytime discriminatory terms are introduced into any process, it instantly becomes tainted. Never mix business and politics.
Reply

#8

We will do everything we can to find a more qualified minority candidate before hiring a qualified white guy. Sounds like a great plan!

Right up until equally qualified white candidates start suing for discriminatory hiring practices.
“An empty vessel makes the loudest sound, so they that have the least wit are the greatest babblers.”. - Plato

Reply

#9
(This post was last modified: 11-07-2021, 12:44 PM by mikesez. Edited 1 time in total.)

Federal contractors have had to demonstrate specific, affirmative effort to find qualified minority candidates, for 50 years now. I think this brokerage firm or whatever it is will do fine.
My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.
Reply

We show less advertisements to registered users. Accounts are free; join today!





Users browsing this thread:
1 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!