Climbing the corporate ladder: The ‘top executives’ in USA and the path to the top jobs
A job in the IT field or a small businesses ownership – when it comes to the favorite employment preferences of the Indian Americans, these are the two most common perception. The new generations of Indian engineers and medical professionals are crowding the US industries. The thrifty approach of first generation Indians over the decades continue to contributed towards successful family businesses as well well as upbringing of a highly educated second generation of American Indians.
One field where Indians have not fully caught up is the top executive tier of the US companies. While we continue to move into the middle class management, the success in the top tier jobs is not that prevalent.
One thing to keep in mind, there are only limited numbers of top executive jobs. There is only one CEO, CFO or COO in a company – large or small. There could be many head-of-department positions in larger corporations but the numbers are relatively small. So, this could be one of the reason for limited success beyond middle management; there are just not that many jobs for top executives and competition is fierce for this cream of the crop.
The ‘top executives’: A summary
Based on the Bureau of Labor Statistics (US Department of Labor), here is an insight into the American ‘top executives’:
What Top Executives Do
Top executives devise strategies and policies to ensure that an organization meets its goals. They plan, direct, and coordinate operational activities of companies and organizations. Continue reading “The top executives in America… and the path”
No matter where we live, there are always things to complain about; plenty of people to blame. It is human nature. Different culture, different place, and different values – yes, things are different when you live abroad, different from back home.
No matter where we live, Indians are good at adjusting and adapting, and ultimately competing toe-to-toe in every aspect of life, in every corner of the world. The same applies to those settled in USA.
Success is a part of Indian culture. We strive to accomplish high goals; we fight to prove ourselves. It is in our blood. Just look within US boundaries: two reigning governors in the highest state offices, countless Indians in NASA and other prestigious research facilities all over. The same is true for a large portion of highly skilled occupations – doctors, scientists, engineers…. the Indians are everywhere in America, in every walk of life.
There are plenty of things to complain about. But, there are plenty of reasons to be proud of, if we look around!
Indian American population in America is a growing and prosperous section of US society. If you get the chance to walk through the corridors of any leading US corporation – banks, medical offices, engineering firms….., you will notice that Indian Americans hold every level of positions including officer and executive jobs. Indians are contributing to the US socio-economic dynamics from every aspect. The numbers and ratios of Indians employed by the leading companies – the like of Google, Microsoft, Apple, Citibank…. continue to grow. Continue reading “Pride”
The interesting facts below are based on a report from US Department of Labor and the U.S. Bureau of Labor Statistics. Their report ‘Labor Force Characteristics by Race and Ethnicity, 2008’ is compiled for the year 2008; however, the picture painted below is probably not far from what we have today.
Also, note that there is no separate category for ‘Indian Americans’; in this study, Indians are a part of the ‘Asian’ group. Here are the key highlights from the US Department of Labor report:
Occupation and industry:
- Compared to Asians and whites, blacks and Hispanics are less likely to be in management, professional, and related occupations—the highest paying major job category.
- In 2008, half of Asian men worked in management, professional, and related occupations, compared with only 34 percent of white men, 23 percent of black men, and 15 percent of Hispanic men.
- Among women, in 2008, Asians were more likely than other groups to be employed in management, professional, and related jobs.
- About 46 percent of Asian women were employed in management and professional occupation group, compared with about 41 percent of white women, 31 percent of black women, and 24 percent of Hispanic women.
- Asians accounted for 5 percent of all employed workers but made up a much larger share of workers in several job categories, including computer software engineers (29 percent); physicians and surgeons (17 percent); and electrical, electronics, and electromechanical assemblers (18 percent).
- Asians were over-represented in professional and business services, in manufacturing, and in leisure and hospitality.
- Among the major race and ethnic groups, Asians had the lowest unemployment rate of 4.0% in 2008. The blacks had the highest rate at 10.1 percent, 7.6 percent for Hispanics and 5.2 percent for whites.
- The unemployment rates were 4.9 percent for white adult men and 4.4 percent for white adult women. The jobless rates for Asian adult men and women were 3.9 and 3.5 percent, respectively. However, the rates for black adult men and women were 10.2 and 8.1 percent, respectively.
- Teenagers (ages 16 to 19) are especially vulnerable to joblessness. In 2008, black teenagers had the highest unemployment rate among the major race and ethnicity groups at 31.2 percent, compared with 22.4 percent for Hispanics, 16.8 percent for whites, and 14.6 percent for Asians.
- Unemployed blacks have been jobless for longer periods than unemployed workers in other groups. In 2008, the median duration of unemployment for blacks was 12.1 weeks, compared with 10.2 weeks for Asians, 8.8 weeks for whites, and 8.4 weeks for Hispanics.
- About 90 percent of blacks and Asians in the labor force had received at least a high school diploma, the same proportion as whites. However, only about 68 percent of Hispanics had completed high school.
- Asians were most likely to have graduated from college; 58 percent had a bachelor’s degree or higher, compared with 34 percent of whites, 24 percent of blacks, and 16 percent of Hispanics.
- For all the groups, higher levels of education are associated with a greater likelihood of being employed.
- Individuals with higher levels of education generally have better access to higher paying jobs. However, at nearly every level of education, blacks and Hispanics were more likely to be unemployed in 2008 than Asians or whites. Go figure!
Continue reading “US Employment scene by Race and Ethnicity”