and Puerto Rican-based employees, confirms Jenna Golden, Nike's director of communications for North America. has also adopted Juneteenth as a paid annual holiday for U.S. This year the company announced it would set up scholarships for BIPOC students, or Black, Indigenous People of Color. Hourly, full and part-time employees who work on June 19 will be paid time and a half for any hours worked, says company spokesperson Ryan Furlong via email. This year, the retailer Best Buy is offering Juneteenth as a paid holiday to its corporate employees. She is chief diversity officer of National Grid. ![]() history," notes Natalie Edwards in a press release. "Declaring Juneteenth a company holiday is a symbol of our dedication to honoring Black Americans who have suffered the impacts of racism throughout U.S. Target stores will remain open, but the company will grant hourly employees who work on June 19 time and a half pay and corporate employees will get a paid holiday, a company spokesperson confirmed.Įarlier this month, National Grid, the electricity and natural gas company, announced that it's honoring Juneteenth as a paid company holiday. Other companies are observing the day in different ways. "It recognizes the importance of that day." Honoring Juneteenth is "something tangible," she says. Then employers have to ask themselves, "Why would they want to offer this as a paid holiday?" "When an employer is thinking about adding a paid holiday, for example, Juneteenth, they would start by looking at the holidays they already offer," she says. Julie Stich, a vice president of content at the International Foundation of Employee Benefit Plans, says, "A lot of companies are really looking seriously at their diversity, equity and inclusion efforts." "It gives you a competitive advantage because you also recruit diverse talent, and we also know from research that diverse talent leads to more innovation in your organization," Turner adds. "When you feel like you belong in an organization, then you're more motivated, engaged and more productive, which ends up reducing costs and improving revenues," she says. Turner says that businesses have to really understand what's important for their employees and in turn companies will see increased success. "When you are looking at the issues from the lives of your employees and you show that you hear and see them and their concerns, it is just a win for you." "It's a win-win," says professor Cynthia Turner, assistant dean of diversity and inclusion and chief diversity officer at the Ohio State University Fisher College of Business. "Not only is inclusive diversity and equity the moral thing to do, but it actually makes good business sense, too," Harris says. "In the last year and a half there is more awareness, almost every job candidate that I interview asks about Allstate's commitment to diversity and equity," and employees are holding the company more accountable, says Harris, by engaging in open and difficult conversations not previously had about social issues. All four officers are also facing federal charges of violating Floyd's civil rights. ![]() Three other former officers are also facing charges next year of aiding and abetting the crime. The now-former Minneapolis officer, Derek Chauvin, is set for sentencing on June 25, having been convicted for Floyd's murder. ![]() Protests erupted around the country, and the world, with calls for police reform and an end to racial injustice. ![]() Last year, however, it took steps to intentionally address diversity and equity, and conducted a business review and adopted Juneteenth as an annual paid company holiday.Ĭompanies such as Allstate are largely responding to the massive social movement that was fueled by the killing of George Floyd, a 47-year-old Black man slain in Minneapolis on May 25 last year by a white police officer. Diversity has been a company core value, says Harris.
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