Industry: Finance Partnership: Year Up: Chicago Business Need: Diversity, Goodwill & Community, Labor Costs, Onboarding & Training, Recruiting & Efficiency, Retention & Productivity

Since JPMorgan Chase’s partnership with Year Up began in 2007, it has grown to include over fifteen departments in eight cities, and continues to expand to new areas. At the core of the partnership is access to a new pipeline of high-quality talent that the company otherwise would not have.

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"Year Up helps us attract talent, helps motivate teams, helps communities, and helps create diverse workforce. It’s multi-dimensional, hitting a lot of different things we want to do. It’s a win-win-win."
John Galante, CIO

Proud Partner With

Year Up Chicago seeks to close the Opportunity Divide by providing urban young adults with the skills, experience, and support that will empower them to reach their potential through professional careers and higher education. Year Up Chicago achieves this mission through a one-year, intensive training program that provides low-income young adults, ages 18-24, with a combination of hands-on skill development, college credits, and corporate internships. Year Up Chicago opened its doors in September 2010. Their founding partners include Citadel, JP Morgan Chase, Bank of America, CDW, Unisys, and AON.

THE CHALLENGE

JPMorgan Chase (JPMC) is a leading global financial services firm whose success depends on recruiting top talent across a wide range of roles and locations. Knowing that the business thrives when its customers thrive, JPMC understands the importance in investing in the communities it serves.

THE SOLUTION

JPMC’s deep and multi-dimensional partnership with Year Up has allowed JPMC to advance both of these efforts, gaining access to a new and dynamic pipeline of talent while simultaneously investing in the economic prosperity of its communities. JPMC has gone on to deepen its commitment to communities through new initiatives like New Skills at Work and the Opportunity Forum, becoming a leader in advancing opportunity for young adults while closing the skills gap plaguing the business community.

THE OUTCOME

  • Develop a strong pipeline of entry-level talent for a variety of departments with 118 graduates hired
  • Establish a trusted, market-responsive resource for training
  • Increase workforce diversity

 

Source: Year Up and the Employment Pathways Project. JPMorgan Chase Success Story. 2014.

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