Diversity recruiting is out of hand (10,000 internships for black students)
An article recently got published in the BBC about an initiative which provides 10,000 exclusive internships to black candidates. Is this not the epitome of inequity? I just think it's quite unfair to allow access to opportunities at firms like Evercore and Silverlake which explicitly excludes the majority of candidates while diversity pipelines are already a prominent aspect of the hiring process.
"The 10,000 Black Interns programme aims to place 2,000 interns per year with companies over five years."
OMG they want to employ 2,000 black kids what an injustice
Yes, but the problem is diversity pipelines are already a big part of normal recruiting outside of this program. And those 2000 spots may have gone to more qualified candidates who miss out as they don't qualify.
Ikr that's 2000 spots that could of went to nepotism hires that actually deserve to work at Evercore and Silver Lake amirite?
You seem to think that diversity programs make up for the years of privilege you’ve enjoyed without a second thought.
Any white male with an ounce of self awareness can appreciate that diversity programs are the least we can do. Yes, you had to grind to where you are, but you likely did so from a very comfortable starting point and within a supportive environment that at least prodded you in the direction of where you’ve ended up.
For you to insinuate that these kids are less than or that you are the one facing discrimination (laugh out fucking loud) — I am embarrassed FOR you. At least diversity kid I’ve met has been raised to be a respectable human being.
"Ms Odejimi-Uzokwe was born and raised in East London with a Nigerian heritage. "We didn't have money" growing up, she said."
Right, so what about the non-black kids who also grew up with no money?
They have way more representation bruh
I'm just gonna address the elephant in the room. Every other race has received way more welfare programs so stfu when black families finally catch a fucking break
"Justin Onuekwusi, head of retail multi-asset funds at Legal & General Investment Management (LGIM), also works to try to improve diversity and inclusion in UK businesses.
He was born in inner-city Manchester and raised as part of a single-parent family. "Growing up, times were tough," he says."
How dare he give back to his community, smh
Don't complain if white people give back to their community then ;)
I'm so glad you said this so I can personally tell you we don't give a flying fuck about what you do
Practice what you preach and MIND YOUR FUCKING BUSINESS
I didn’t expect much but anon posting is a shit show
Where does it mention Silver Lake
I know of someone who got a placement at Silverlake through this program
I wanted to add another source at another bank:
https://www.efinancialcareers. co . uk/news/2021/09/morgan-stanley-black-traders
F
Are you seriously complaining lol
I thought explicit racial quotas were illegal? I guess since it's not outlining a specific number per firm, it passes.
Imagine being a dark skinned, poor south asian and getting discriminated against because you are supposedly an ORM. Then compare this to a black kid thats rich and gets AA. Makes sense to me, right?
Welp that doesn't matter. Skin color > actual upbringing
Most of the firms on this the program have never had internship programs, let alone diversity schemes. This is just catch-up.
How is it catch up when other people can't intern at these firms?
I'm referring to catch up on their hiring of black candidates. Not catch up on having interns. My point is that there, oftentimes, were no internships before this. So rather than thinking of this as a net loss to other races, it's actually just a net gain as black candidates gain and everyone else stays the same.
Too much damn mayonnaise in this post
The bigger problem is most of these diversity candidates are still from top universities and solid socioeconomic backgrounds. If they really wanted some true diversity they would also focus on non target Universities and upbringing
I feel like they should take the best people regardless of background (and this obviously includes less nepotism hires). Even if diversity was to be prioritised it should be done so on a socioeconomic basis rather than race or sex.
Voluptatum autem officiis qui possimus accusantium. Quos aut et ut eum nobis vitae. Architecto debitis porro rem quaerat ea ipsam.
Ut dignissimos saepe temporibus quia et atque. Rerum quia et sed quasi at minus et rem. Occaecati nobis eum assumenda voluptate.
Rem excepturi animi et vel. Ipsum deserunt aspernatur accusamus ipsam. Enim debitis occaecati error culpa ullam officia. Sit voluptate animi sed.
Temporibus ut consectetur dignissimos pariatur adipisci repellendus modi. Aut perferendis excepturi optio rerum molestiae rerum temporibus. Sint perferendis ut debitis nulla porro nam. Illo cupiditate corporis quas iusto eos ex.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Similique tempora minima nulla enim error. Et voluptatem amet ea totam ullam. Dolor repellat voluptas sit dolorem. Rerum ipsam deleniti nulla ut eos ipsum fugiat. Doloremque commodi consequuntur soluta voluptatibus vitae.