What We’re Reading: December 23 Edition

Below is Raines Intel’s December 23 curation of interesting reads about business, careers, hiring and more. Send suggestions to Read Raines International’s previous curation.

1. Earlier this month, PricewaterhouseCoopers announced a new plan to reinforce and re-commit to diversity, The New York Business Journal’s Anthony Noto reported.  “New hires, as well as those looking to be promoted at the firm, must complete ‘blind spots’ training as a way to help PwC teams recognize unconscious bias,” according to the NY Business Journal. Read “One of the Big 4 Accounting Firms is ‘Doubling Down’ on Diversity Training.”

2. Inc.’s Sylvia Ann Hewlett looked at how companies can and why they should target millenials. Specifically, Hewlett cited a recent study that found millenials, the largest and next workforce, seek “a diverse and inclusive workplace,” “more flexible work arrangements,” and “equal opportunities for advancement.” Read “Millenials: A New Generation is Reshaping the Workplace.”Millenials: A New Generation is Reshaping the Workplace.”

3. Arjuna Capital, Trillium Asset Management and Pax World Management are calling for large U.S. financial institutions to release information about diversity — for starters, the breakdown of staff diversity and compensation data, according to Bloomberg’s Laura Colby.

“As in technology, women lag men in finance leadership positions and pay,” Colby reports. “Women compose 49 percent of the workforce at the roughly 20 U.S. banks that have at least $25 billion in capital, but account for only about 21.5 percent of board members and just 19.7 percent of executives, according to data compiled by Bloomberg.” Read “Goldman, Citigroup Targeted by Diversity Activists in 2017.

4. Twitter’s executive leadership took a huge hit this year, Recode’s Kurt Wagner reported this week, with six of 10 top leaders including its COO, CTO and two SVPs quitting.

Read “Here are all the Twitter executives who flew the coop in 2016.”

5. Blinding resumes and how to create the perfect CV are often discussed, but Harvard Business Review’s Lauren Rivera and Andras Tilcsik approached the age-old resume discussion from a different perspective — class.

The pair reviewed studies in American Sociological Review and learned that “elite employers discriminate strongly based on social class, favoring applicants from higher-class backgrounds.” Interestingly, they also found “coming from an advantaged social background helps only men.”

Read “Research: How Subtle Class Cues can Backfire on Your Resume.”

6. We’ve posted many new pieces at Raines Intel this month that you should check out including:

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