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{"id":2875,"date":"2020-05-26T05:00:10","date_gmt":"2020-05-26T05:00:10","guid":{"rendered":"https:\/\/proactivetraining.com.au\/news\/2020\/05\/26\/training-to-prepare-and-retain-opportunity-youth\/"},"modified":"2020-05-26T05:39:34","modified_gmt":"2020-05-26T05:39:34","slug":"training-to-prepare-and-retain-opportunity-youth","status":"publish","type":"post","link":"https:\/\/proactivetraining.com.au\/news\/2020\/05\/26\/training-to-prepare-and-retain-opportunity-youth\/","title":{"rendered":"Training to Prepare and Retain Opportunity Youth"},"content":{"rendered":"
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A combination of “bootcamp-style” training, foundational, one-on-one support from professional mentors, and data-driven methodology are features of nonprofit Generation USA’s practices to train individuals who are currently neither in school nor gainfully employed.<\/div>\n<\/div>\n<\/div>\n
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Article Author: <\/div>\n
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Sean Segal, CEO, Generation USA<\/div>\n<\/div>\n<\/div>\n
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With the national unemployment rate at record highs due to the COVID-19 pandemic, reports often fail to mention another large population segment that remains unemployed or underemployed. This group, called “opportunity youth,” includes 6.7 million young people who are currently neither in school nor gainfully employed. These youth face a lifetime of lower earnings and financial instability, which also negatively impacts their families and communities. At the same time, the growth of the economy and individual businesses as the country starts to emerge from lockdown may be threatened if companies can’t find and keep viable employees.<\/span><\/span><\/span><\/p>\n

Dedicated to preparing opportunity youth for the workforce, Generation USA is an independent nonprofit organization launched in 2014 by McKinsey & Company. To supply employers with a pipeline of motivated talent while increasing diversity in the workforce, Generation uses impact hiring<\/em>, a data-driven approach. A combination of “bootcamp-style” training, foundational, one-on-one support from professional mentors, and data-driven methodology are features of the organization’s practices. <\/span><\/span><\/span><\/p>\n

Currently, <\/span><\/span>Generation USA<\/u><\/span><\/a><\/span> offers training and employment programs across 13 U.S. cities with 800-plus partners—delivered free of charge to eligible applicants. With more than 3,000 graduates, 74 percent of students attain employment within three months of finishing the training. Graduates achieve a two- to three-times increase in wages post-graduation, as well as reporting higher well-being than their peers. And at the core of this success rate is training.<\/em><\/span><\/span><\/span><\/p>\n

Our <\/span><\/span>research<\/u><\/span><\/a><\/span> <\/strong>has determined that recruiting, onboarding, and training comprise nearly 40 percent of cost per hire. However, turnover leading to loss of productivity can contribute to more than 50 percent of total cost per hire. <\/span><\/span><\/span><\/p>\n

A major stumbling block for employers is uncertainty or objective lack of evidence of a positive return on investment. We strive to demonstrate to employers that with a fresh approach to training individuals, they can see a significant increase in ROI associated with recruiting and turnover, along with higher quality and productivity work outcomes. The learners who are recruited into these programs also see a tangible return on their investment of time and effort, with technical and life skills learned, as well as job opportunities.<\/span><\/span><\/span><\/p>\n

The “Bootcamp” Approach: Training, Support, Data<\/strong><\/span><\/span><\/span><\/p>\n

An integrated five- to 12-week work readiness training with additional social supports serves as the model for our “bootcamp” training approach. This shorter, intensive-style training has been found to be optimal for two major reasons. First, young adults learn best in an immersive environment. Second, opportunity youth often face obstacles to longer programs, due to financial, familial, and societal pressures. Through research, as well as field experience, we have determined that five to 12 weeks is the right length, with more than 70 percent of the program time devoted to real-life practice sessions. <\/span><\/span><\/span><\/p>\n

These sessions build skills through the cycle of mastery and significant practice:<\/span><\/span><\/span><\/p>\n