NEW BRUNSWICK, NJ - More than three-hundred companies have requested applications to compete in DiversityInc's fifth annual survey of the Top 50 Companies for Diversity for 2005, and applications for the competition are still being accepted. The most in-depth analysis of corporate diversity management, leadership and marketing ever undertaken, thesurvey is the only compilation of substantial and valid metrics to assess diversity success nationally.

A story in the December issue of DiversityInc magazine announced the launch of the DiversityInc Top 50 Companies for Diversity Stock Index, and explained how these metrics are utilized to show that there is a solid link between empirical data that makes a company a national diversity leader and its stock performance.

"We have finally proven that there is a direct link between the quality of a company's diversity management and its profitablility," said DiversityInc Partner/Co-founder, Luke Visconti. "We attract more applicants to our survey each year because of our reputation for offering a truly level playing field. Now, the winners and new companies will be eligible to enter the index once a year after they secure a position among the Diversifying Top 50 Companies for Diversity competition."

The survey features more than 130 detailed questions on human capital, CEO commitment, communications and supplier diversity. The methodology is unbiased and ethical and advertisers receive no special preference. Last year, 178 companies participated, up 50% from the previous year.

Applications will be sent via email to all qualified, interested companies must be filled out online and submitted to by 5 p.m. East Coast time Friday, Feb. 11, 2005.

The same survey is the basis for Top 50 list and subsidiary lists for the Top 10 respectively in the following categories: Recruitment & Retention, Supplier Diversity, African Americans, Latinos, Asian Americans, Executive Women and GLBT Employees

Some examples of why DiversityInc's Top 50 Companies for Diversity stand out (based on last year's list). The Top 50 companies:

• have almost 50% more people of color in management than all U.S. private industry combined, 21% vs. 15%.
  
• hire almost two-thirds more African Americans than all U.S. employers combined, 18% vs. 11%.
  
• employ almost double the amount of people of color as all U.S. employers, 33% vs. 17%.

DiversityInc

DiversityInc

More from DiversityInc