Top 10 Companies for Asian Americans

From the magazine DiversityInc:

While Asian Americans long have had strong representation in technical fields, their rise in U.S. management ranks has been slower. The Top 10 Companies for Asian Americans demonstrate a long-term commitment to this community and to recognizing, developing and promoting top Asian-American talent.

Consider these statistics about this Top 10:

• Asian Americans are 8.9 percent of the work force in this Top 10, compared with 7 percent of the Top 50, 4.7 percent of the bottom quarter of survey respondents (there were 256 participants) and 4.4 percent of the U.S. work force. (Source: U.S. Department of Labor)
• Asian Americans are 12.2 percent of new hires in this Top 10, compared with 9.8 percent of the Top 50 and 6.3 percent of the bottom quarter of survey respondents.
• Asian Americans are 10.3 percent of managers in this Top 10, compared with 7.2 percent of the Top 50, 4.2 percent of bottom-quarter respondents and 5.9 percent of U.S. managers. (Source: U.S. Department of Labor)
• Asian Americans are 5.7 percent of CEOs and direct reports in this Top 10, compared with 4.8 percent of the Top 50 and 1.7 percent of bottom-quarter respondents.
• Asian Americans receive 11.2 percent of managers' promotions in this Top 10, compared with 8.3 percent of the Top 50 and 5.6 percent of bottom-quarter respondents.
• Asian Americans are 10.2 percent of the top 10 highest-paid employees in this Top 10, compared with 7.8 percent of the Top 50 and 4.3 percent of bottom-quarter respondents.
• Retention of Asian Americans at companies in this Top 10 averages 93.7 percent, compared with 89 percent for the Top 50 and 84.6 percent for bottom-quarter respondents.

The top companies are mostly tech and pharmaceutical, but HBO made the list!:

1: Hewlett-Packard

2: Abbott

3: New York Life Insurance Co.

4: Merrill Lynch & Co.

5: Southern California Edison Co.

6: Sempra Energy

7: Novartis Pharmaceutical

8: Merck & Co.

9: HBO

10: Depository Trust & Clearing Corp.