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29 May, 10 tweets, 5 min read
The "model minority" myth paints Asian Americans as overrepresented in the highest echelons of society.

But a closer look shows that there's a big problem with the pipeline for Asian Americans moving up the corporate ladder. ⬇️

businessinsider.com/asian-american…
While there is a high level of Asian American representation in professional roles, research into career advancement across workers of various ethnicities suggests the group remains deeply underrepresented among managerial and executive positions.

businessinsider.com/asian-american… Text-only graphic that reads: "38 CEOs or 5.6% of the t
Buck Gee, an executive advisor to the Ascend Foundation, a non-profit dedicated to improving Asian American representation in the workforce, said the issue isn't representation across all roles.

"The problem is equity of promotions."

businessinsider.com/asian-american…
The Ascend Foundation analyzed 2018 data from the Equal Employment Opportunity Commission (EEOC).

Based on representative data, Asian Americans made up about 13% of the professional workforce and 6% of executives, senior officers, and managers.

businessinsider.com/asian-american… Chart depicts share of workforce by race or ethnicity. Asian
Ascend's Executive Parity Index found that in 2018, white Americans were overrepresented in executive positions relative to their share of the white-collar professional workforce, while non-white groups, including Asian Americans, were underrepresented.

businessinsider.com/asian-american… Chart depicting an Executive Parity Index. If the index is a
An earlier Ascend Foundation analysis focused on Silicon Valley.

It found that while Asian Americans' workforce representation was higher, they were similarly underrepresented at the executive level.

businessinsider.com/asian-american… Chart depicts Silicon Valley Executive Parity Index. It show
The finance and insurance sector show similar results, based on 2018 national data provided to Insider by Ascend.

businessinsider.com/asian-american… Chart shows Asian Americans are similarly underrepresented i
To address diversity issues with the executive pipeline, Gee told Insider that diversity and inclusion programs need to "look beyond the superficial numbers and recognize that a review of diversity must separately examine three issues." ⬇️

businessinsider.com/asian-american… Text-only graphic that reads, "Diversity of recruitment
Gee said companies should create "an executive sponsorship program for high-potential AAPI senior managers."

Denise Peck, an executive advisor with the Ascend Foundation, said one of these programs at her old company was successful.

businessinsider.com/asian-american… Text-only graphic featuring a quote from Denise Peck, execut
📰 For just $1, you can enjoy unlimited access to all of Insider's premium content for a month, and then pay only $1 per week.

Don't miss out on our limited-time sale.

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Business Insider Profile picture
30 May
Austin Smith has spent years working with student loan borrowers. The crusade – and his success – earned him the moniker the "Don Quixote of student debt."

businessinsider.com/the-lawyer-who… Photo of Austin Smith on a rooftop with the headline: The yo
Each year, about 250,000 student loan debtors file for bankruptcy.

Of those, fewer than 300 get their educational debt canceled in bankruptcy. That's a success rate of 0.1%.

businessinsider.com/the-lawyer-who…
But those figures don't tell the whole story.

In 2017, only 447 out of the 241,000 student loan borrowers who filed for bankruptcy actually sought to have their educational loans discharged.

The remaining 99.8% didn't bother trying.

businessinsider.com/the-lawyer-who… Photo shows Austin Smith. It's overlaid with text: But of th
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Business Insider Profile picture
28 May
Within the past year or two — especially during the later months of the COVID-19 pandemic — burnout has hit so many. If you yourself don't feel burned out, chances are you know a handful of people who are.

Here are some of the telltale signs. 👇
businessinsider.com/american-burno…
1️⃣: A nagging sense of exhaustion
2️⃣: Cynicism about the work they do.
3️⃣: An overwhelming feeling that nothing they do is ever good enough.

@thisisinsider wanted to know, how burned out are Americans? The answer?

Pretty burned out. 🥵
businessinsider.com/american-burno…
According to the roughly 1,000 respondents to Insider's survey:

🥵: 61% of people are at least somewhat burned out and have had their lives affected by the pandemic.

🥵: 80% of respondents said that COVID-19 has affected their lives in some way.
businessinsider.com/american-burno…
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Business Insider Profile picture
24 May
TW: This thread discusses murder.

Tech entrepreneur, Fahim Saleh, 33, was found decapitated in his NYC apartment in July 2020.

One official later described it as a “professional job.” But police say it was Saleh’s former assistant, Tyrese Haspil

businessinsider.com/fahim-saleh-ty…
Haspil was a 16-year-old high school student from Valley Stream, NY when he met Saleh. An active member of the Future Business Leaders of America program, Haspil was "extremely put together," said James D'Elia, a former classmate.

businessinsider.com/fahim-saleh-ty… Photo depicting Tyrese Haspil being escorted by police offic
Saleh was originally from Saudi Arabia. In 1991, his family relocated to Louisiana, and eventually settled down in Rochester, New York.

Saleh launched his first business on the school playground, reselling dollar-store goods with a friend.

businessinsider.com/fahim-saleh-ty…
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Business Insider Profile picture
7 May
Wide-eyed, fresh out of college and tens of thousands of dollars in debt. It’s a reality many 22-year-olds face.

At 27, Ashley Keimach paid off $23,000 of student loans in half the expected time. Here’s how she did it. businessinsider.com/paid-off-stude…
To pay off her debt faster, Keimach worked on getting raises at her job. As her salary increased, she'd funnel the additional cash towards her loans, paying down the principal.

businessinsider.com/paid-off-stude…
Whenever Keimach received extra money or a raise, she would automatically put that extra cash towards loans instead of impulse buys.

businessinsider.com/paid-off-stude…
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Business Insider Profile picture
7 May
Every year, Keukenhof (@visitkeukenhof) opens its doors in Lisse, Netherlands, to show off its world-famous tulip garden. However, due to shutdowns, its doors remained closed in 2020 for the first time in 71 years, costing between 5 and 10 million euros.
Knowing a shutdown was likely again this year, Keukenhof, which roughly translates to "kitchen garden," had to make a choice: Plant everything as usual, or plant a more modest garden. They took the risk, but this year's opening has already been delayed.
To better understand the hard work and effort that goes into getting this garden into shape, let's play some tulip trivia! How many tulip bulbs get planted at Keukenhof?
Read 13 tweets
Business Insider Profile picture
4 May
Hong Kong has the most expensive housing market in the world, but the problem isn’t land scarcity.

We break down why living in Hong Kong is so expensive — and what the cost means for the city’s population.

Over the last 12 years, properties in Hong Kong have more than tripled in value.

Today, on average, a Hong Konger would need to save their full salary for 20 years in order to buy a home.
The average rent in Hong Kong is nearly twice that of London.
Read 15 tweets

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