Sunday, June 24, 2018

Why Your Voice Could Keep You From Getting Promoted

&l;p&g;In the past, we&a;rsquo;ve been told to be careful what you say at work, but now it seems some think we need to be cautious with how we say it. A &l;a href=&q;http://outburo.com/study-finds-lgbt-people-less-likely-to-be-hired-paid-less-and-not-promoted/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;study out of the University of Surrey in the U.K.&l;/a&g; showed that men and women were less likely to be employed in leadership positions due to the sound of their voice.

&l;img class=&q;dam-image shutterstock wp-image-1065515711 size-large&q; src=&q;https://specials-images.forbesimg.com/dam/imageserve/1065515711/960x0.jpg?fit=scale&q; alt=&q;&q; data-height=&q;829&q; data-width=&q;960&q;&g; Why Your Voice Could Keep You from Getting Promoted - Photo by Shutterstock

&l;strong&g;Stereotypes being heard loud and clear&l;/strong&g;

Who would have thought that the sound of someone&a;rsquo;s voice would be a determining factor in people being hired and promoted or not being hired and promoted? It&a;rsquo;s evidently true per a 2017 study out of the U.K.

In the study, participants who acted as hiring managers were asked to rate potential candidates for a fake CEO position. The hiring managers were asked to provide, on a scale of 1 to 5, the employability of candidates and to provide salaries the hiring manager thought were commensurate for the position and the candidates&a;rsquo; qualifications. The potential candidates were assessed and selected using voice and image samples from a pool of candidates who were both heterosexual and homosexual.

The results were quite surprising.

For candidates in the group who were men, the sound of the voices played a critical role in the outcome. It turns out that men who, &q;sound gay&q; were perceived as being less suitable for the position. In addition, those perceived to be gay were less likely to receive higher paying salaries than those with &q;masculine sounding&q; voices. The results for women were similar. When a woman was perceived as being gender non-conforming, or less feminine, she received lower marks for employability and salary.&l;/p&g;

We might ask, what if the non-conforming seeming candidate isn&a;rsquo;t gay or lesbian? Is it fair that they would be punished for their natural traits? Does this even matter?

&l;strong&g;Setting the stage for discrimination in the workplace&l;/strong&g;

It&a;rsquo;s redundant but necessary to reiterate that in 30 states in the United States, it&a;rsquo;s still not against the law to fire or not hire someone because they are perceived to be gay, lesbian, bisexual or transgender. The same goes for providing equal compensation.

With this stereotyping, it&a;rsquo;s highly likely in these states and others, those worthy candidates with the right credentials and experience to help a business succeed are being passed by or under-employed. What does that do for a company&a;rsquo;s bottom line? Why would a company want to miss an opportunity to have the best candidate?

According to Dr. Fasoli, who conducted the above study, &a;ldquo;It is revealing, that despite all the work to lessen discrimination against the LGBT community, people subconsciously typecast an individual before getting to know them. This study highlights that it can be a real problem in the workplace and for peoples&a;rsquo; career prospects.&a;rdquo;

&l;strong&g;Solving the unconscious bias problem&l;/strong&g;

As &l;a href=&q;https://www.forbes.com/sites/debtfreeguys/2018/06/07/a-top-ceos-bold-wake-up-call-to-his-american-peers/&q;&g;Dominic Barton of McKinsey &a;amp; Company&l;/a&g;, a global leader in management consulting, stated, &a;ldquo;We have a mission statement with two equal parts. The first is to have a lasting impact on our clients and the second is to attract and retain the best talent. We can&a;rsquo;t do either if we aren&a;rsquo;t attracting a broad set of the best available talent. Therefore, we need LGBTQ people to feel comfortable that McKinsey &a;amp; Company is a good place to work.&a;rdquo;

How do companies make sure all employees feel supported to bring their full and true selves to work and give 100%? The key is to help all employees overcome unconscious bias.

&l;!--nextpage--&g;

Today, though, we&a;rsquo;ve learned to rely on our minds unconscious ability we don&a;rsquo;t have the same environmental dangers we once had, which can then lead to negative unconscious bias.

To be true, there are good unconscious biases. These protect us from today&a;rsquo;s real threats, such as seeing a &a;nbsp;figure at the end of a dark alley heightening our senses to possible danger. The negative aspect of that unconscious bias would be to assume that someone of a particular gender or ethnic background is more dangerous than another.

&l;strong&g;Where bias exists and correcting it&l;/strong&g;

According to &l;span&g;&l;a href=&q;http://www.businessinsider.com/google-unconscious-bias-training-presentation-2015-12#everyone-has-biases-its-part-of-being-human-its-important-not-to-be-ashamed-of-this-basic-fact-6&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;Google&a;rsquo;s Unconscious Bias training&l;/a&g;&l;/span&g;, there are four primary areas where this bias can exist. This is telling as to why we encounter bias in voice and facial features. These are taken directly from Google&a;rsquo;s employee training;

There are four things in the workplace that commonly trigger unconscious biases. &l;strong&g;Task:&l;/strong&g; We associate certain jobs with a certain type of person. &l;strong&g;Numbers:&l;/strong&g; When looking at a group, like job applicants, we&s;re more likely to use biases to analyze people in the outlying demographics. &l;strong&g;Clarity:&l;/strong&g; When information is lacking, our brains fill in the gaps with what we&s;re expecting. &l;strong&g;Perceiver:&l;/strong&g; A heightened emotional state can keep the conscious mind distracted.

As the first two items point out, we can form a bias around the type of person we feel is suited for a job or make assumptions about certain outlying demographics when it comes to applicants. It appears this may have played a role in Surrey&a;rsquo;s study.

So, how can this be fixed?

As with most problems, the first step is recognizing that there is an issue. The second is taking steps to understand the issue and, third, putting practices in place to help employees at all levels be aware of the issue. In the case of the Surrey study, it seems fitting that hiring managers and recruiters are prime candidates to receive such bias training first. If there is a culture of unconscious bias of not promoting or hiring because of someone&a;rsquo;s differences, then removing that barrier and hiring a diverse workforce would show others that these unconscious biases are unwarranted or not desirable in the workplace.

In addition, as Google&a;rsquo;s training points out, there are added benefits. &l;span&g;&l;a href=&q;http://www.businessinsider.com/google-unconscious-bias-training-presentation-2015-12#the-goal-is-to-leave-the-presentation-ready-to-make-a-change-at-google-13&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;&q;Groups of diverse problem solvers can outperform groups of high-ability problem solvers.&q;&l;/a&g;&l;/span&g; Todd Sears of OutLeadership calls this Return on Equality when referring to LGBTQ inclusion in the workplace. He and his organization have reiterated the &l;span&g;&l;a href=&q;https://prideandprejudice.economist.com/return-on-equality-why-multinationals-are-leading-the-way-on-lgbt-inclusion/&q; target=&q;_blank&q; rel=&q;noopener noreferrer&q; target=&q;_blank&q;&g;billions of dollars being lost by corporations&l;/a&g;&l;/span&g; worldwide due to discrimination, whether blatant or unconscious.

&l;p class=&q;tweet_line&q;&g;The obvious question then is, are you and your company willing to eliminate unconscious bias to start hiring the best candidates and allowing all employees to thrive?&l;/p&g;

Wednesday, June 20, 2018

Contrasting Commscope (COMM) & Airgain (AIRG)

Commscope (NASDAQ: COMM) and Airgain (NASDAQ:AIRG) are both computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, earnings, analyst recommendations, valuation, profitability, dividends and institutional ownership.

Risk & Volatility

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Commscope has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, Airgain has a beta of 2.06, suggesting that its stock price is 106% more volatile than the S&P 500.

Valuation and Earnings

This table compares Commscope and Airgain’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Commscope $4.56 billion 1.25 $193.76 million $2.02 14.73
Airgain $49.52 million 1.78 $1.14 million $0.11 82.91

Commscope has higher revenue and earnings than Airgain. Commscope is trading at a lower price-to-earnings ratio than Airgain, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a summary of current ratings for Commscope and Airgain, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Commscope 0 4 6 0 2.60
Airgain 0 1 2 0 2.67

Commscope currently has a consensus price target of $37.75, suggesting a potential upside of 26.85%. Airgain has a consensus price target of $14.00, suggesting a potential upside of 53.51%. Given Airgain’s stronger consensus rating and higher possible upside, analysts clearly believe Airgain is more favorable than Commscope.

Profitability

This table compares Commscope and Airgain’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Commscope 4.27% 24.08% 5.45%
Airgain -0.68% 1.58% 1.31%

Institutional and Insider Ownership

30.3% of Airgain shares are held by institutional investors. 3.4% of Commscope shares are held by company insiders. Comparatively, 20.4% of Airgain shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Commscope Company Profile

CommScope Holding Company, Inc. provides infrastructure solutions for communications networks worldwide. The company's CommScope Connectivity Solutions segment offers optical fiber and twisted pair structured cable solutions, intelligent infrastructure software, and network rack and cabinet enclosures under the SYSTIMAX, NETCONNECT, and Uniprise brands; and fiber management systems, patch cords and panels, pre-terminated fiber connectivity, complete cabling systems, and cable assemblies for use in offices and data centers. This segment also provides fiber optic connectivity solutions, including hardened connector systems, fiber distribution hubs and management systems, couplers and splitters, plug and play multiport service terminals, hardened optical terminating enclosures, high density cable assemblies, splices, and splice closures that supports video, voice, and high-speed data services provided by telecommunications operators and multi-system operators. Its CommScope Mobility Solutions segment offers macro cell site solutions for wireless tower sites and on rooftops, such as base station antennas, microwave antennas, hybrid fiber-feeder and power cables, coaxial cables, connectors, and filters; metro cell solutions for street poles and other urban structures comprising radio frequency delivery and connectivity solutions, equipment housing, and concealment; and small cell and distributed antenna system (DAS) solutions consisting of DAS and distributed cell solutions that allow wireless operators to enhance efficiency, and cellular coverage and capacity in network conditions. This segment provides its solutions under the Andrew brand. CommScope Holding Company, Inc. sells its products through a network of distributors, system integrators, and resellers. The company was formerly known as Cedar I Holding Company, Inc. CommScope Holding Company, Inc. was founded in 1976 and is headquartered in Hickory, North Carolina.

Airgain Company Profile

Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, and service providers worldwide. Its products include MaxBeam embedded antennas; profile embedded antennas; profile contour embedded antennas; ultra-embedded antennas; omnimax high performance external antennas; MaxBeam carrier class antennas; and SmartMax embedded antennas, as well as automotive, fleet, public safety, and M2M antennas. The company provides embedded antenna technologies to enable high performance wireless networking across a range of home, enterprise, automotive, and Internet of Things. As of December 31, 2017, it had 131 issued patents in the United States, 23 companion patents outside the United States, and 81 patent applications on file. The company was formerly known as AM Group and changed its name to Airgain, Inc. in 2004. Airgain, Inc. was founded in 1995 and is headquartered in San Diego, California.

Tuesday, June 19, 2018

Rubicon Technology (RBCN) Getting Somewhat Favorable Press Coverage, Analysis Shows

News coverage about Rubicon Technology (NASDAQ:RBCN) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rubicon Technology earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned media stories about the semiconductor company an impact score of 43.6568126847622 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Separately, ValuEngine upgraded Rubicon Technology from a “sell” rating to a “hold” rating in a research report on Friday, May 4th.

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Rubicon Technology traded down $0.23, reaching $7.66, during trading hours on Monday, according to Marketbeat.com. 3,100 shares of the stock traded hands, compared to its average volume of 8,627. Rubicon Technology has a 1 year low of $6.71 and a 1 year high of $9.75.

Rubicon Technology (NASDAQ:RBCN) last released its quarterly earnings results on Monday, May 14th. The semiconductor company reported ($0.01) earnings per share for the quarter. Rubicon Technology had a negative net margin of 265.92% and a negative return on equity of 35.10%. The firm had revenue of $1.04 million for the quarter.

About Rubicon Technology

Rubicon Technology, Inc provides monocrystalline sapphire for applications in optical and industrial systems. It offers optical and industrial sapphire products in various shapes and sizes, including round and rectangular windows and blanks, domes, tubes, and rods for a range of end markets comprising defense and aerospace, specialty lighting, instrumentation, sensors and detectors, semiconductor process equipment, electronic substrates, medical, and laser applications.