American Express increases employment for Hispanics and Latinos in the U.S.

The multinational financial services company American Express has recorded an increase in Hispanic and Latino employment in the United States over the past three years.

As of December 31, 2023, the company had 74,600 employees, 26,000 of them in the United States.

Of that total, the share of Hispanic or Latin American people in the U.S. increased from 13 to 13.8% from 2020 and 2021 and then rose from 14.2% to 14.3% from 2022 to 2023.

As a gender policy, American Express says it continues to work to build an inclusive and diverse workplace that values the voices of its employees, rewards teamwork, celebrates different points of view, and reflects the diversity of the communities in which the company operates. 

By the end of 2023, women working at this company represented 53.2%, while Asians, Blacks/African Americans and Hispanics/Latinos accounted for 20.6%, 15.6% and 14.3%, respectively, of its U.S. workforce.

American Express

Women’s participation in the company has grown from 50% in 2020 and 52.9% in 2021, but registered a decline when compared to 53.7% in 2022.

Meanwhile, by the end of 2023, 50% of its Executive Committee were women or of diverse racial and ethnic backgrounds (based on self-identified characteristics). 

American Express also periodically reviews its compensation practices to ensure that employees in the same job, level and location receive fair compensation regardless of gender globally and regardless of race and ethnicity in the United States. 

These reviews consider various factors known to affect compensation, including role, level, tenure, performance and geography. 

Founded in 1850, American Express (often abbreviated as Amex) focuses on its credit card, charge card and traveler’s check businesses. 

Where a review found internal competition inconsistencies, the company made adjustments. 

After making these adjustments, the company believes it maintained 100% pay equity in 2023 for colleagues of all genders worldwide and all races and ethnicities in the United States.


Redacción Opportimes