🌂Prospanica New Jersey's April 2024 Newsletter
Explore the newest resources offered by the chapter today!
Hola Familia,
Bienvenidos to the April edition of the Prospanica New Jersey (PNJ) newsletter! As we step into spring, we are excited to bring you the latest updates, events, and opportunities to connect with our vibrant community of Hispanic professionals. This month, we are focusing on growth, networking, and empowerment as we continue to support each other in achieving our professional goals.
Be sure to follow us on our key social media channels, Instagram and LinkedIn, and don't forget to subscribe to our monthly newsletter. Through our social media and newsletter, you'll stay informed about the benefits of membership, learn about upcoming events, and discover opportunities to enhance your professional network and connections.
The Meet the Board and 2024 Partners was a success!
We are thrilled to share the success of our first "Meet the Board and 2024 Partners" event at Sabor Latino restaurant, which saw an impressive turnout of over 50 attendees. Our new EVP, Natalia O. Quintero, expressed, "This event marks the beginning of a dynamic journey ahead, uniting us in our shared mission and vision for Prospanica New Jersey." Notably, we welcomed a diverse group of students eager to learn and network, alongside new members who have enriched our community with their presence. A special shoutout to Sabor Latino Restaurant for graciously hosting us and providing a warm, welcoming atmosphere for our gathering.
Hosting events like our recent gathering at Sabor Latino restaurant is crucial in fostering connections and collaboration among our members and partners. These occasions not only strengthen our community bonds but also create valuable networking opportunities that can lead to professional growth and success. As we continue to engage and support each other, we invite all interested organizations to consider becoming partners with Prospanica New Jersey. Together, we can amplify our impact, empower our members, and create a more inclusive and prosperous future for Hispanic professionals in our region. Experience the excitement of the event through our exclusive video recap and photo album, now available now.
April is Financial Literacy Month
As we celebrate Financial Literacy Month, Prospanica New Jersey is proud to present "Building Generational Wealth 101" - a Financial Literacy Workshop & Panel in partnership with Chase Bank. Join us in exploring essential financial topics tailored for business professionals, first-generation students, and families in New Jersey. According to a 2022 Federal Reserve System report, 54% of adults in New Jersey had money set aside in an emergency savings fund to cover three months of expenses.1 However, according to NASBO, New Jersey's state rainy day fund had $0 in 2023.2 In 2022, states had a record $134.5 billion in rainy day fund savings, which would have been enough to run government operations for 42.3 days. However, the strength of states' rainy day funds varied widely, with New Jersey having nothing set aside.
Financial literacy is key to securing a stable future. Attend workshops on Debt Management, Building Credit, and college Financial Aid Application. This event, taking place on Saturday, April 27 from 10:00 am to 1:00 pm at Berkeley College - Newark campus, promises valuable insights and strategies to empower you on your financial journey. Register now to secure your spot and take a step towards a financially secure future.
Strategies for Building Multigenerational Wealth and Finance Leadership
Join us for the upcoming "Strategies for Building Multigenerational Wealth and Finance Leadership" webinar, part of Prospanica’s Latina Track series. Dive deep into the essentials of wealth building, innovative investment strategies, and leadership in finance on Tuesday, April 30th, 2024, at 7:00 PM ET/6:00 PM CT. on LinkedIn. Register now to secure your spot! This session is designed to empower you with the tools and knowledge for financial independence and leadership success, whether you're starting your financial journey or seeking to enhance your strategies. Don't miss out on this opportunity to transform your financial future!
Upcoming Events in May
Uniting for Progress: Prospanica New Jersey Presidential Inauguration
Join us at the upcoming "United for Progress: Prospanica NJ Presidential Inauguration" event at the Prudential Tower in Newark, New Jersey on Thursday, May 9th. The event, celebrating the Presidential Inauguration of Randy Gomez, is open to the public with a minimal contribution of $19.99 and free for Prospanica members. Non-members' contributions will go towards our scholarship fund. Remember, registration is mandatory, no walk-ins are allowed, and all guests must pre-register and show valid ID at the door. Don't miss this opportunity to network, celebrate, and support the advancement of Hispanic professionals. Join us for an evening of community empowerment and celebration!
Prospanica’s Scholarship Info Session
This month our chapter hosted a scholarship info session which attracted a remarkable attendance of over 80 eager participants. This session proved invaluable as students navigated the application process, received clarifications on their questions, and gained essential insights. The Prospanica scholarship, although past its initial deadline, now welcomes applicants to the second round with a deadline set for June 24. Selection notifications are slated for release in July 2024, with funds earmarked for disbursement in September 2024. This scholarship opportunity holds the promise of providing crucial financial support to deserving students, fostering their academic endeavors and future achievements.
Talent Acquisition: Hot Jobs Alert
Talent acquisition is excited to bring you the monthly hot job alert. This section outlines hot jobs for Prudential, Sanofi, and JP Morgan Chase who are actively recruiting throughout their company in the state of New Jersey.
Work at Prudential
Prudential's innovative approaches focus on nurturing talent, fostering growth, and building meaningful careers. Instead of just filling positions, they prioritize long-term talent development, skill enhancement, and creating a supportive environment for employees to thrive. Dive deeper into Prudential's unique talent acquisition strategies that set them apart in the industry.
Work at Sanofi
Sanofi's inclusive and diverse workplace culture fosters innovation, collaboration, and professional growth. Through their emphasis on employee development, well-being initiatives, and cutting-edge projects, Sanofi is not just a workplace but a platform for individuals to make a difference in healthcare. Explore how Sanofi's distinctive approach to talent management is shaping the future of healthcare professionals.
Work at JP Morgan Chase
Chase Bank's commitment to diversity and inclusion, coupled with their focus on continuous learning and development, creates an environment where employees can thrive and grow. Through innovative initiatives, mentorship programs, and a supportive work culture, Chase Bank is at the forefront of shaping dynamic career paths in the financial industry. Join us as we delve into how Chase Bank is redefining success and fostering talent in the banking sector.
An invitation to our future sponsors
Hispanics are the fastest-growing segment of the U.S. workforce. According to the U.S. Bureau of Labor Statistics, the Hispanic labor force is projected to grow by 18.6% between 2019 and 2029.
A Stanford Graduate School of Business report found that Hispanic-owned businesses grew 34% over 10 years, compared to 1% for all U.S. businesses.
As the most prominent and fastest-growing minority group, Hispanics are severely underrepresented in professional employment. In areas such as leadership positions, wage gap, occupational segregation, and representation in decision-making. Hispanics must be more represented in science, technology, engineering, arts, and mathematics (STEAM) fields. Help us turn the tide and further Hispanic success in education and the marketplace to improve our nation’s economy.
Prospanica reaches some of the nation’s most dedicated and high-performing individuals:
30,000 students and professionals with 47 established chapters nationwide
Nearly 60% have earned their MBA.
44% bring more than three years of management experience
Sponsorship with Prospanica offers opportunities for talent acquisition, diversity and inclusion, professional development, community engagement, market expansion, and access to research. Your support helps organizations build strong connections with the Hispanic community and foster an inclusive workplace culture, enhancing employee engagement, innovation, and business success.
Contact us for more information on Partnership Opportunities at newjersey.president@prospanica.org
Federal Reserve System Report: https://www.federalreserve.gov/publications/2023-economic-well-being-of-us-households-in-2022-expenses.htm#:~:text=One%20common%20measure%20of%20financial%20resiliency%20is,an%20emergency%20savings%20or%20%22rainy%20day%22%20fund%E2%80%94down
NASBO Report: https://www.taxpolicycenter.org/briefing-book/what-are-state-rainy-day-funds-and-how-do-they-work