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Posts Tagged ‘gerald chertavian’

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Photo: Year Up
Ana Vargas took part in the Year Up program, which helps many young adults from low-income backgrounds earn college credit, gain skills, and land jobs after serious internships with partner companies.

This was a great idea when it started in 2000, and it’s a great and successful idea now that it has spread to many US cities. It’s all about helping motivated young adults who can’t afford college to get a decent foothold in the job world.

Allison Hagan writes for the Boston Globe, “When Gerald Chertavian started Year Up in 2000, the nonprofit set out to help 22 young adults from low-income Boston neighborhoods earn a decent wage.

“The organization has come a long way from that modest beginning. A new study has found that 4,100 Year Up participants from 21 cities across the country are benefiting from the largest earnings gain associated with any workforce program in US history.

“The research was part of the Pathways for Advancing Careers and Education project sponsored by the US Department of Health and Human Services’ Administration for Children and Families. It reported that Year Up group members earn 53 percent more than economically disadvantaged young adults who did not participate in the program. The findings said Year Up increased total hours worked by three to four per week and graduates earned nearly $4 more per hour than members of a control group that were part of the study.

“Under Year Up, young adults from low-income backgrounds — ranging in age from 18 to 24 — with a GED or high school diploma can earn college credit while gaining skills in areas such as information technology, quality assurance, and testing applications to assess functionality. Upon completing the yearlong program, graduates earn on average $17.41 an hour, which amounts to $34,000 per year and triumphs over the state’s $11 minimum wage.

“Researchers analyzed Year Up alongside eight other workplace development programs. … It ‘absolutely shows that we can enable people to lift themselves out of a situation of poverty and into a good job, and therefore should be investing in people and seeing them as assets instead of social liabilities,’ [Chertavian] said.

“Year Up students spend six months learning an array of skills such as time management, networking, and leadership. The next six months are devoted to an internship with one of Year Up’s corporate partners, which include 40 Boston-based companies every year. The money that affiliated corporations pay to get interns covers 59 percent of the program’s operating costs, according to Year Up. Combined with sponsorships and private donations, that leaves only 2 percent of the national program’s $150 million budget to public funding. …

“Bank of America Corp. has hired 690 Year Up interns, while State Street Corporation has hired 700, according to Chertavian. State Street reports that it converts 60 percent of Year Up interns into full-time employees.

“ ‘Year Up has opened a new talent pipeline for us that we’ve been able to take advantage of with terrific results,’ said Mike Scannell, senior vice president and president of the financial firm’s philanthropic arm the State Street Foundation.”

More here.

Some years ago I interviewed Year Up founder Gerald Chertavian for a government magazine that hadn’t yet learned to post its articles in html. Here is a pdf. The thing that struck me most about this man is that he was so grateful for being mentored in the urban high school he attended that he volunteered for Big Brother throughout his own college years and then, after selling a successful company at a fairly young age, sought a way to take mentoring to scale.

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I went to a conference today on how industry and higher-education entities can collaborate better to prepare students for the jobs that companies want to fill. There was a big crowd, and among the speakers were U.S. Senator Sheldon Whitehouse of Rhode Island and Connecticut Governor Dannel Malloy.

I was especially pleased to hear panel member Gerald Chertavian and catch up with what his nonprofit has accomplished in the past few years.

Starting in college, Chertavian volunteered as a Big Brother, and the experience had a profound effect on him. After he went to Harvard Business School, launched a company, and sold it, he decided to invest in helping motivated youths aged 18-24 who lacked the money, networks, or opportunity to get a good education or decent job.

So he founded Year Up. He built on his list of corporate contacts to make internships a key part of a training program that ended in jobs.

Interested young people had to have a high school diploma or GED and demonstrate through the application process (which involves getting references) that they are serious. They earn a stipend during a year of training in either financial-industry or tech skills. They learn workplace behavior and business communication. At the same time they get college credits at an affiliated school, which most students decide to put toward a degree after their year in the program. Companies have found the Year Up youths invaluable, and some are changing their HR requirements to allow in more people without a bachelor’s already in hand.

At the conference, Chertavian acknowledged that in spite of having helped 5,000 students over a decade through Year Up programs around the country, the organization was not big enough to achieve its ambition of a major impact on the opportunity divide. To scale up, he said, Year Up is partnering first with a college in Baltimore that will use the approach. It hopes to keep expanding the new model after Baltimore.

There are a lot of great You Tube videos that might interest you — some about the Year Up program, some about Chertavian, some about the students. Here is one.

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