41% of Intel's new US VPs are women, minorities: 5 report findings

Intel boasted 45.1 percent diverse hiring in 2016, a benchmark it is committed to surpassing in 2017, according to a blog post by Danielle Brown, Intel's vice president of human resources and chief diversity and inclusion officer.

The blog post, dated Feb. 28, reflects on diversity and inclusion milestones from Intel's 2016 Diversity & Inclusion Annual Report.

Here are five statistics Ms. Brown highlighted.

1. Female representation at Intel is now 25.8 percent, representing a 2.3-point increase since 2014. The representation rate for underrepresented minorities, however, only increased from 12.3 percent in 2014 to 12.5 percent in 2016, "leaving room for improvement in 2017," according to Ms. Brown.

2. In terms of leadership, 41 percent of newly appointed vice presidents in Intel's U.S. workforce are women or underrepresented minorities. Women also represent one-third of this year's fellow inductees, which Ms. Brown described as a "distinguished technical leadership position" at Intel.

3. Intel achieved 100 percent pay and promotion parity for women and underrepresented minorities, meaning pay and promotions are distributed "fairly and equitably between diverse and nondiverse populations," according to Ms. Brown.

4. The company's retention rate for its minority employees is now higher than the retention rate for its counterpart majority employees. In part, Intel attributes this milestone to its WarmLine service, which is a retention-focused program that provides U.S. employees with a personal advisor to discuss options before leaving the company.

5. Intel also focused on developing an inclusive supply chain, spending $555 million with suppliers owned by women or underrepresented minorities in 2016. Ms. Brown also highlighted one of Intel's global programs, which encourages female business owners in 24 countries.

"Each of these milestones is worth celebrating and represents the tangible results of our efforts toward real change and inclusion," Ms. Brown wrote. "However, there is still much work to be done to achieve our 2020 goal of full representation, namely with increasing the number of underrepresented minorities and countering the retention issue."

Click here to view the full blog post.

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