1. Who We Are
2.The Challenge
3. The Year Up Solution
4. Our Impact
5. Value in Partnership
Agenda
• A strategic source of entry-level, middle skill talent for some of America’s largest and best known companies
• A workforce development organization that rigorously prepares underserved young adults for successful corporate careers and higher education
• A non-profit organization dedicated to closing the Opportunity Divide
Who We Are
The Challenge
The Skills Gap & Opportunity Divide
The Year Up Solution
Year Up Program Model
Phase 1
Learning and Development
6 months
Phase 2
Corporate Internship
6 Months
Phase 3
Career and Higher Education
Ongoing
Support
Training
Guidance
Experience
• Educational stipends• Advisors• Business Clothing• Mentors
• Behavioral contract• Constant feedback
• Hands on training• Corporate internship
• Academic classes• Professional skills
Internship & Hiring PartnersF
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Market Alignment
We have been successful because we serve our mission through
the market by partnering with leading employers to:
Understand your skill and recruitment needs
Develop relevant and valuable training
Provide a strong pipeline of skilled talent through internships and hires
Our Learning and Development Curriculum
Data Analytics
Web Development
Quality Assurance
Introductory Java
Software Development
BusinessOperations
SalesFinancialOperations
InformationTechnology
Risk Management & Compliance
Frontline Sales
Customer Service
Project Management
Support
Business Fundamentals
Investment Operations
Network Support
Helpdesk/ Desktop Support
Cyber Security
Custom Solutions
Risk Management & Compliance
Cybersecurity
Merchandising Operations Support
Fund Accounting
Java Programming
What solutions are you looking for?
Our Impact
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Year Up Growth
Year Up Program Outcomes
National Presence
Value in Partnership
Corporate Benefits
Our partner organizations report the following benefits
from our partnership:
• Reduced hiring risk
• Reduced employee turnover
• Improved employee performance
• Greater diversity
Featured on 60 Minutes, discussing the merits
of Year UpWATCH
Corporate Track Record
It’s a win for the urban communities, it’s a win for the students, and it’s a win for our company.
- Ken Chenault CEO, American Express
Corporate Track Record
As a pipeline of talent, Year Up performs 6 times better than traditional recruitment sources3
725+
61%
45
Year Up interns hosted since 2003
Months average tenure for hired Year Up grads
Training tracks: IT, Financial Operations
Partnership sites: Boston, New York, Jacksonville
Of interns converted to hires
“Our partnership with Year Up simply makes good business sense. We’re increasing our ability to fill entry-level positions, and increasing retention and engagement—all while contributing to the economic well-being of our communities.”
- Michael ScannellHead of Corporate Citizenship, Talent Acquisition and Global InclusionState Street
Partner Profile
18 Months
45 Months
Other Sources Year Up Graduates
Source: State Street analysis
Average Tenure of Employees
• Analysis of State Street’s employee retention data found that Year Up graduates stay on the job over 2X longer thanthose hired from other sources
• Higher retention = lower cost of hiring and training, and improved productivity and profits
Benefits – Increased Employee Loyalty
Cost Comparison
Traditional Hire at $32,000 annual
salary
Year Up intern-turned-hire at $32,000 annual salary (for
6 months following internship)
Salary for 12 Months $32,000 $16,000
Social Security Tax (6.2% of salary) $1,984 $992
Benefits (30% of salary) $9,600 $4,800
Typical acquisition cost Client specific $0
Internship Fee $0 $24,700
Total Cost (for 12 months) $43,584 $46,492
Additional Year Up cost $2,908 N/A
Benefits - A New Pipeline of Diverse Talent
“The beauty of the Year Up model is that while our corporate partners are providing a life changing opportunity for the young adults, we are in turn providing partners like JP Morgan Chase, Salesforce, American Express, Facebook, and Goldman Sachs with a pipeline of talent from a population previously overlooked by most Fortune 500 companies.”
- Garrett Moran, Year Up, President
Year Up Students
Black
Latino
Asian
2+ Races
Other
47%45%
“Year Up interns enrich our workforce, bringing immediate value to our business.”
- Jennifer Petersen, Bank of America, SVP Human Resources Executive, Northeast Operations
Beyond the Internship
From interns to experienced hires, we have you covered with
Year Up Professional Resources (YUPRO)
I’m looking for an experienced IT Help Desk
manager who can manage multiple priorities.
Year Up alums with 1+ years experience
We don’t have the budget for a permanent role right now but we really need financial
ops help
Year Up recent graduatesI have a lot of middle skills
jobs I need to fill, but I want to make sure it’s a good fit
before we hire
Year Up interns
Stay Competitive
We are living in a time of unprecedented change.
• 11,000 Baby Boomers retiring per day
• Struggling education system
• Rapidly changing jobs
• Increasing income inequality
• Declining social mobility
Businesses increasingly need to be creative and
collaborative in how they meet their labor
needs
Opportunities to Engage
Host an intern | Hire a graduate | Invest | Volunteer | Mentor
Appendix
End Notes:1. Average cost-per-hire for organizations of 1,000 or more employees, 2011-2012 SHRM
Bechmarking Database, as cited in Dooney, 2012. 2. Dr. John Sullivan, “10 Compelling Numbers That Reveal the Power of Employee
Referrals,” ERE.net, May 7, 2012
Additional Sources:Anthony P. Carnevale and Stephen J. Rose, The Undereducated American, (Washington, DC: Georgetown University, 2011).Clive R. Belfield, Henry M. Levin, and Rachel Rosen, The Economic Value of Opportunity Youth, 2012. John Dooney, “Executive Brief: What Factors Influence Cost Per Hire,” SHRM, 2012.
Appendix: Corporate Partners (Partial List)
Financial Services
Healthcare & Biotech
Media & Technology
Education, Government & Non-Profit
Professional Services
Retail & Manufacturing