Table of Contents
Introduction
Diversity defined: Is the presence of human beings with perceived or actual differences based on a variety of human characteristics.
Diversity in the workplace defined: According to CITATION Enc19 \l 1033 (Encyclopedia of Business and Finance, 2019) , in a workplace, diversity means employing people who may be different from each other and who do not all come from the same background. The differences may be those of national origin, physical appearance, religion, education, age, gender, or sexual orientation. According to Michael Page CITATION Mic19 \l 1033 (Inc., 20119) Diversity relates to the banking industry as it is important in all businesses.
Diversity helps to improve innovations and scope of businesses and can also help create employee satisfaction making the banking industry or other businesses attractive to others. So, with this statement and the definition, I would relate diversity to the banking industry in many different aspects. On the job diversity, hiring, working, working with people from other cultures. Then while working helping customers from different cultures and minorities and working with others that may be from different cultures and minorities, those with disabilities, LGBT, disabilities, religion, age, physical appearances. A bank will deal with many different people with a variety a diverse groups generally if a person has finances chances are they will need to go the bank at one time or another whether it’s to set up an account to do online banking, to cash checks, make deposits, or just cash in all the change laying around.
127 our experts are availableright now
I would like to think that the minorities listed and that of the sub-groups are considered a minority in the banking industry because people all over the world deal with currency, and banks are a major source of currency and or where you can exchange currency many people from different cultures, and/or minorities would go to, make investment choices for example mortgage loans, certificates, trusts, bonds, stocks, U.S Treasury Securities. The main minorities: Native American, African American, Middle East American, Asian American, Hispanic/Latinos/ as Americans, Religion, ISMS, Heterosexism, homelessness, and poverty/lower-class.
According to Understanding Human Differences CITATION Ken19 \l 1033 (Koppelman, 2019) the term minority group: Does not mean necessary to indicate anything about the number of people in a group, but it does imply their power. Minority groups possess little power compared to members of the dominant group because it’s the group’s lack of power that defines it.
Body
The specific minority group that I am choosing is Hispanic/ Latinos/ as Americans: Mexicans are the direct choice. My preconceptions of Hispanics/ Latinos was not a very great one although as people are always people no matter what color of skin my prejudices were based on those in which were imprinted, In which I am very thankful to have gotten the opportunity to learn differently and that of which I did learn was wrong; for example, Mexican don’t pay into social security, Mexican’s get welfare and don’t have any taxes to pay at all and that is how they can gain so much nice stuff when Americans cannot Mexican’s get free health care, also that Mexican’s come to this country because they want a free ride from our government.
Not the case I learned that all which was an example was not correct. According to Latino Americans CITATION WET19 \l 1033 (WETA Washington, Bosch and Co., & (LPB), 2019) events that greatly impacted Hispanics with attempting to migrate to the United States: 1917 U.S. citizenship is granted Puerto Ricans and in February, Congress passed the Immigration Act. April 6, United States declared war against Germany and with many American men of temporary off at war, Mexican workers were promoted and permitted to go in the United States for employment.
In May, The Selective Service Act became law, and Mexican immigrants were obligated to register for the draft even if they are not eligible. 1921 The first-time imposed limit on immigrants allowed in the United States. 1925 The border Patrol is created by congress. 1932 Mexicans begin to get deported and Mexican Americans would be pulled out of the united nations. 1944, The Servicemen’s Readjustment Act of 1944 is passed, providing settlements for veterans. Mexican American veterans, however, experience trouble receiving these benefits. 1954, In the case, Hernandez v. The State of Texas, the Supreme Court recognizes that Latinos are suffering, inequality and profound discrimination, paving the way for Hispanic Americans to use legal means to fight for their equality.
This is the first Supreme Court case briefed and argued by Mexican American lawyers. 1954-1958 Operation wetback is put into place by the U.S government. The initiative is a government endeavor to locate and deport undocumented workers. 1960, On October 24, a ship called the City of Havana ferries Cubans fleeing Fidel Castro’s reign. Over the succeeding three years, more than 200,000 Cubans flee to Miami. 1961, On April 17, 1,400 U. S. -trained Cuban exiles invade Cuba—within 72 hours, Fidel Castro’s forces easily defeat the Bay of Pigs Invasion. 1964, Congress passes the Civil Rights Act of 1964.
The act establishes affirmative action programs, prohibiting discrimination based on gender, religious doctrine, race, or ethnic background: “to attain equality of work opportunities and remove roadblocks that have worked in the past” (Title VII). 1970, Herman Badillo is the first Puerto Rican to serve in congress. 1990, President George Bush appointed the first woman and Hispanic surgeon general of the United States her name is Antonia C. Novello. 1991 North America Free Trade Agreements between Canada, the United States, and Mexico.
1993, Ellen Ochoa had become the first Hispanic woman to travel into space aboard the Space Shuttle Discovery 1996 Proposition 187 is ruled unconstitutional, on the grounds that only the federal government has the federal agency to regulate immigration. 2003, Hispanics are pronounced the nation’s largest minority group—surpassing African Americans. 2010, With no new comprehensive federal immigration policy in place, countries began to act out their own. 2011, Georgia enacts its own version of Arizona’s SB-1070—anyone stopped without a driver’s license or proof of residency can be handed over to the immigration authorities.
According to the Pew Research Center CITATION LUI19 \l 1033 (LUIS NOE-BUSTAMANTE, 2019)Mexicans are one of the largest minority groups of the Hispanic origin living in the United States. Mexicans account for 62 percent of the U.S Hispanic population in 2017. According to NEA CITATION Nat19 \l 1033 ( National Education Association, 2019) Eighty percent of Hispanics are concentrated in 9 states: California, Texas, Florida, New York, Illinois, Arizona, New Jersey, Colorado, and New Mexico. According to NEA CITATION Nat19 \l 1033 ( National Education Association, 2019) the U.S. census, 22 percent of Hispanics are living in poverty, and that is nearly double the national average of 12.6 percent.
According to the U.S census bureau CITATION USC19 \l 1033 (U.S. Census Bureau, 2019) total race Hispanic/ Mexican 35,709,528 which comes to 11.1 percent of the population. This relates to the Banking industry because Hispanic/ Spanish language is the second leading language in the United States, Hispanics are sure to do banking the United States at some time or another. Hispanics may want to learn more about finances from the United States viewpoint, checking, savings, and if the bank could implement some cultural points this could potentially be a great thing for the banking world.
According to Harvard Business Review CITATION Syl19 \l 1033 (Sylvia Ann Hewlett, 2019) 76 percent of Latinos in the United States feel like they cannot be true to themselves in the workplace. Body language, appearances, and communication are altered. In this situation what would be a way that the company could incorporate Latino’s to let them know it is ok to be themselves. Language more than likely is always going to be a barrier, something that could be done is English text translated to Spanish for Hispanics, let Hispanics use a translator on their mobile device so that they can better understand verbal and same as management so that management can better understand Hispanics or have a translator which many places may already have. Stereotyping being labeled as illegals that are not responsible or dependable, not paying taxes.
What can change? A better understanding, learning more about diversity and where the money goes. For example, even if the illegal immigrant did have a social security card that was false to obtain a job, they still would have taxes taken out, if they are legal, they still have taxes taken out. Most are hardworking and will work in harsher conditions than that of what we generally would. Another barrier to stereotyping cultural differences can be a barrier. What might be done to help remedy this situation is to look at leadership, is leadership not showing preferential treatment and treating all employees fairly?
According to Latino Opinion CITATION Ric19 \l 1033 (López, 2019) Latinos gain a better understanding of one another by non-verbal cues, this includes facial expressions, hand, and body movement, touch, tone, appearance, and even smell, even though Latinos can be emotional does not mean that it is always in verbal form. According to Latino Opinion CITATION Ric19 \l 1033 (López, 2019) “Hispanics in the U.S. are more likely than non-Hispanic consumers to rely on non-verbal communication and gut feelings in almost every interpersonal encounter.” Communication barriers are also present when Hispanics attend a school or within healthcare while trying to receive care.
Hispanics and the media
According to NBC News CITATION Bri19 \l 1033 (Latimer, 2019) a study called Comprehensive Annenberg Report on Diversity claims that Latinos are the least characterized speaking for roles within the film and T.V roles. Typically, when Latinos are presented, they play the role and stereotype. According to Bad Hombres CITATION Jas19 \l 1033 (Marcus, 2019) “Anybody consuming the media develops an outlook based on what they see.” In return may possibly result in a real-life situation that could lead to consequences from being portrayed in a false manner. According to the Atlanta Black Star CITATION Tay19 \l 1033 (Gordon, 2019) JPMorgan Chase & Co. had been accused of discrimination practices; the claim was the Jp Morgan and Chase had persuaded Black and Hispanics to borrow toward risky purchases. These practices resulted in foreclosures, the lawsuit also claimed that the bank refused to offer to refinance the mortgage or any loan modifications. M&T Bank a federal court lawsuit was filed against for racial discrimination, the lawsuit was filed by the Fair Housing Justice Center, actors of different races were deployed to the bank to obtain a mortgage qualification.
Black Latino and Asian homebuyers most generally received a denial, even if credit scores and finances were greater than those of Caucasian race. According to FDIC Laws, regulations. And related acts CITATION FDI19 \l 1033 (FDIC Open Government Webpage, 2019) “the 1992 Federal Reserve Bank of Boston study on lending discrimination, Congressional hearings, and agency investigations have indicated that race is a factor in some lending decisions. It prevents those who are discriminated against from enjoying the benefits of access to credit.”
According to Explore Hispanic Culture CITATION www191 \l 1033 (www.explore-hispanic-culture.com, 2019) cultural aspects are of Hispanic origin: Some may be more traditional than others when it comes to displaying culture. Different Hispanic cultures have many things in common some of the religious observances are Navidad which is our Christmas, Le Semana Santa our Holy Week. Special Observances for Hispanic heritage month: May 1- Día del Trabajo, May 5 – Cinco de Mayo, May – Día e las Madres, Sep 15 – Oct 15 – Hispanic Heritage Month. According to Explore Hispanic Culture CITATION www19 \l 1033 (www.explore-hispanic-culture., 2019)
Hispanic traditions
A pinata is brightly colored and is a party ornament made from clay or cardboard is usually broken with a stick with items represented gifts from gods. Fiesta Rosa is a popular tradition in many Latin American countries and marks the right of passage from transference from a girl to a young woman. The girl wears a very nice dress, the party includes a waltz and in which the girl dances with her father. Many girls of the newer generations opt for less formal “Quince.” Las Mananitas is a traditional Birthday song and usually sung in the morning. Día de Los Muertos (Day of the Dead) is a widely celebrated tradition that is observed on November 2nd November 1st is dedicated to honoring babies and children that have passed.
The Day of the Dead people have a remebrance of family and friends that have passed away. Altars are set up and flowers, pictures, fruits, and other food items, along with the picture or pictures are placed on the altar. People will go to the cemetery a place flowers on the graves of their friends and family. This can likewise be a festive tradition that also focuses on the spirit of those who have traversed over to the other side. Navidad or Christmas is one of the most popular Hispanic traditions – Christmas evening dinner or La Cena de Nochebuena a special night celebrated with family and close friends; food also takes on an significant part.
La Misa de Gallo – midnight mass and is celebrated right at midnight and memorializing the birth of Jesus Christ. La quema de polvora y Luces de Navidad – fireworks and sparklers. Los farolitos y luminarias – festive lanterns to celebrate the day of the immaculate conception by lighting candles and lanterns. Los viiancicos de Navidad – Christmas carols. La Carta al Nino Dios – Christmas letter to Baby Jesus these are written to Baby Jesus instead of Santa Claus although Santa is starting to grow popular. According to InterExchange CITATION Int19 \l 1033 (InterExchange, Inc, 2019)
Language happens to be extremely common traits of Hispanic American culture with Spanish language bilingualism has helped develop the Spanish language in the U.S. Food most Americans love Tacos and other cuisines that Hispanics have influenced salsa, nachos, tortillas, and tamales. Hispanics value family and tend to sustain close relationships with each other. According to InterExchange (InterExchange, Inc, 2019) Hispanics and Latin Americans have suffered a great influence on music in the United States 1986 at Billboard magazine implemented the “Hot Latin Songs” chart. The “Hot Latin Songs” chart.
A few Hispanic and Latin American musicians are Jennifer Lopez, Thus, in closing, I have discovered that Hispanics can be passionate speakers and rely on their emotions and non-verbal communication. The discrimination that Hispanics must endure with certain banks to get a mortgage or the stereotyping from others which in return if they are working can make their job harder or for them not to feel like themselves. According to CITATION WET19 \l 1033 (WETA Washington, Bosch and Co., & (LPB), 2019) 1964, Congress passes the Civil Rights Act of 1964.
The act establishes affirmative action programs, prohibiting discrimination based on gender, religious doctrine, race, or ethnic background: “to attain equality of work opportunities and remove roadblocks that have worked in the past” (Title VII). 2010, With no new comprehensive federal immigration policy in place, states started to act out their own. 2011, Georgia enacts its own version of Arizona’s SB-1070—anyone stopped without a driver’s license or proof of residency can be handed over to the immigration authorities. According to Latino Americans (WETA Washington, Bosch, and Co., & (LPB), 2019) events that greatly impacted Hispanics with attempting to migrate to the United States: 1917 U.S. citizenship is granted Puerto Ricans and in February, Congress passed the Immigration Act. April 6, United States declared war against Germany and with many American men of temporary off at war, Mexican workers were promoted and allowed to live in the United States for work.
In May, The Selective Service Act became law, and Mexican immigrants were obligated to register for the draft even if they are not eligible. 1921 The first-time imposed limit on immigrants admitted in the United States.
