Industry: Finance Partnership: Year Up: Philadelphia Business Need: Diversity, Recruiting & Efficiency

UBS’ partnership with nonprofit organization Year Up provides the company with a new pipeline of diverse talent, while also offering local young adults an opportunity to build their skills and their networks through professional internships.

case study pdf
"Year Up interns bring an innovative mindset, technical capabilities and motivation to the table. Our goal is to give these young adults the tools to succeed and challenge them to reach their full potential."
Frank LaQuinta
Group Head of Technology Americas and Wealth Management Americas CIO

Proud Partner With

Year Up’s Professional Training Corps (PTC) in Philadelphia launched in 2013 on the campus of Peirce College. Year Up’s PTC offers an intensive, one-year program for college students, ages 18-24, combining professional coaching, hands-on skill development, and internships at some of America’s top companies. As college students, Year Up's young adults have access to the library, tutoring resources, and other services offered by the college, in addition to the services offered by Year Up. As students work toward completing a degree at Peirce College, Year Up PTC provides them with professional development and work experience, preparing graduates to launch a meaningful career.

THE CHALLENGE

UBS is committed to building a talent pipeline that reflects the gender and ethnic diversity of the communities where it operates. But like many large companies, UBS’ traditional entry-level recruitment strategies provide limited access to local, diverse talent.

 

THE SOLUTION

UBS partnered with Year Up, a national nonprofit organization that provides urban young adults with the skills and resources they need to reach their full potential. Through this partnership, UBS has been able to cultivate local sources of diverse talent – supporting the career development of young adults from multiple urban communities and building a talent pipeline of the future.

THE OUTCOME

  • Increase workforce diversity
  • Stronger pipeline creation of educated and skilled employees
  • Introduction of an innovative, strategic recruiting strategy
  • Business problems solved from different perspective

 

Source: Year Up and the Employment Pathways Project. UBS Case Study. 2014.

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