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CalPERS Demographics

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Item 6a, Attachment 2<br />

Page 1 of 7<br />

<strong>CalPERS</strong><br />

<strong>Demographics</strong><br />

September 20, 2016


<strong>CalPERS</strong> <strong>Demographics</strong><br />

Item 6a, Attachment 2<br />

Page 2 of 7<br />

<strong>CalPERS</strong> <strong>Demographics</strong> September 2016<br />

As a workforce, <strong>CalPERS</strong> strives to be the employer of choice by attracting diverse talent.<br />

Our demographics are estimates as there is no change in the manner in which demographic information is captured when employees choose not to<br />

self-identify. According to the State Controller’s Office, currently only 9% of new hires self-identify their ethnicity.<br />

The data sources for this report are my│<strong>CalPERS</strong> Member data (non-retiree and retiree), and is current as of July 2016, with ethnic group data<br />

provided by Epsilon. <strong>CalPERS</strong> employees and manager/supervisors are subsets of the <strong>CalPERS</strong> Member population. The classification of ethnic<br />

group was based on the Member’s first name, last name, and address.<br />

2


<strong>CalPERS</strong> <strong>Demographics</strong><br />

Item 6a, Attachment 2<br />

Page 3 of 7<br />

Ethnicity <strong>Demographics</strong><br />

70.00%<br />

60.00%<br />

<strong>CalPERS</strong> Employees to Member Population<br />

<strong>CalPERS</strong> Employees <strong>CalPERS</strong> Members<br />

61.5% 64.43%<br />

50.00%<br />

40.00%<br />

30.00%<br />

20.00%<br />

16.15%<br />

25.92%<br />

19.23%<br />

10.00%<br />

0.00%<br />

6.14%<br />

1.48% 2.35% 0.06% 1.56% 0.07% 1.07% 0.0% 0.00% 0.0% 0.01%<br />

White Hispanic African Asian American Pacific Other Unknown<br />

American Indian Islander<br />

* Source: myǀ<strong>CalPERS</strong> Member data (non-retiree and retiree) is current as of July 2016. Ethnic group data is provided by Epsilon. The classification of ethnic group was based on<br />

the Members First Name, Last Name, and Address. Total Employees: 2,699; Total Members (retirees and non-retirees) is 1,668,920. Multi-racial individuals are not identified among<br />

these numbers. This population continues to grow according to the 2010 Census which shows the multiple-race population grew faster than the single-race population - California<br />

being one of the top 3 states having over half a million people in this category.<br />

3


<strong>CalPERS</strong> <strong>Demographics</strong><br />

Item 6a, Attachment 2<br />

Page 4 of 7<br />

Ethnicity <strong>Demographics</strong><br />

80.00%<br />

70.00%<br />

60.00%<br />

50.00%<br />

<strong>CalPERS</strong> Employees in Sacramento County<br />

<strong>CalPERS</strong> Employees All of Sacramento County<br />

59.98%<br />

46.60%<br />

40.00%<br />

30.00%<br />

20.00%<br />

10.00%<br />

0.00%<br />

15.69% 22.51% 20.90%<br />

15.06%<br />

1.59%<br />

9.80%<br />

White Hispanic Asian African<br />

American<br />

1.79% 1.07% 0.05% 0.54%<br />

Pacific Islander<br />

American<br />

Indian<br />

0.0%<br />

4.42%<br />

Other<br />

* Source: Sacramento County demographics are based on US Census July 1, 2014 population estimates. myǀ<strong>CalPERS</strong> Member data (non-retiree and retiree) is<br />

current as of July 2016. Ethnic group data is provided by Epsilon. The classification of ethnic group was based on the Members First Name, Last Name, and<br />

Address. Total Employees: 2,014; Multi-racial individuals are not identified among these numbers. This population continues to grow according to the 2010<br />

Census which shows the multiple-race population grew faster than the single-race population - California being one of the top 3 states having over half a million<br />

people in this category.<br />

4


<strong>CalPERS</strong> <strong>Demographics</strong><br />

Item 6a, Attachment 2<br />

Page 5 of 7<br />

Ethnicity <strong>Demographics</strong><br />

Through workshops and education outreach by the <strong>CalPERS</strong> Diversity Outreach Program in collaboration with several stakeholders, our leadership<br />

pipeline will continue to adjust to meet the needs of our business lines and the members we serve. CDOP efforts in effect include leadership<br />

topics such as Unconscious Bias to increase the opportunities for emerging leaders.<br />

White<br />

<strong>CalPERS</strong> Managers/Supervisors to Employees<br />

Hispanic African American Asian American Indian Pacific Islander<br />

80.0%<br />

70.0%<br />

60.0%<br />

50.0%<br />

40.0%<br />

59%<br />

73%<br />

30.0%<br />

20.0%<br />

10.0%<br />

0.0%<br />

17% 21%<br />

2% 0.0% 1%<br />

Employees<br />

13% 12%<br />

1% 0% 1%<br />

Managers/Supervisors<br />

* Source: myǀ<strong>CalPERS</strong> Member data (non-retiree and retiree) is current as of July 2016. Ethnic group data is provided by Epsilon. The classification of ethnic<br />

group was based on the Members First Name, Last Name, and Address. Total Employees: 2,699; Total Members (retirees and non-retirees) is 1,668,920. Multiracial<br />

individuals are not identified among these numbers. This population continues to grow according to the 2010 Census which shows the multiple-race<br />

population grew faster than the single-race population - California being one of the top 3 states having over half a million people in this category.<br />

5


<strong>CalPERS</strong> <strong>Demographics</strong><br />

Item 6a, Attachment 2<br />

Page 6 of 7<br />

Generational <strong>Demographics</strong><br />

<strong>CalPERS</strong> workforce spans over four generations, as Baby Boomers continue to exit the workforce, Generation Xers are the largest group at <strong>CalPERS</strong>.<br />

In the last year, the Millennial workforce continues to grow now surpassing the Baby Boomers.<br />

Traditionalists<br />

(1925-1945)<br />

.14% (4)<br />

Baby Boomers<br />

(1946-1964)<br />

26.04% (728)<br />

Generation X<br />

(1965-1981)<br />

45.89% (1283)<br />

Millennials<br />

(1982-2004)<br />

27.93% (781)<br />

Source: State Controller’s Office (SCO); MIRS; data pulled 2016<br />

6


<strong>CalPERS</strong> <strong>Demographics</strong><br />

Item 6a, Attachment 2<br />

Page 7 of 7<br />

Gender <strong>Demographics</strong><br />

The <strong>CalPERS</strong> workforce is within the optimal gender balance “zone” with a male-female ration between 40% and 60%, reinforcing that no one<br />

gender is better than the other; rather diversity is key to enhanced performance.<br />

Female<br />

59%<br />

Male<br />

41%<br />

Source: State Controller’s Office (SCO); MIRS; data pulled 2016<br />

7

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