2 minute read 1 Oct 2017
Group of college students walking to class

How mentoring is at the crossroads of education, business and community

By

Deborah Holmes

EY Americas Corporate Responsibility Director

Agent for positive social change. Working to help build a better working world with a focus on entrepreneurship, education and equity in the workplace.

2 minute read 1 Oct 2017
Related topics Corporate Responsibility

A pressing challenge facing society today is youth unemployment. We explore how EY and other companies are helping through mentoring.

The strong business case for youth mentoring

I
n 2016, one in five American youth did not finish high school with their peers, and an estimated 5.6 million youth aged 16–24 are now disconnected from education and career opportunities. This represents a loss of talent, human capital and societal contribution that the US cannot afford.

Many industries are having difficulty finding qualified and well-prepared employees. It’s estimated that over 60% of all new jobs in the next decade will require some post-secondary education, yet far too many young people struggle to build the academic skills that allow them to enroll in or complete college

Together, we can find the ramps and pathways to productive, sustainable and fulfilling lives for the almost six million 16 to 24-year olds currently disconnected from both school and work.

Some of America’s top corporations and businesses have begun to meet this challenge

The good news is that many organizations in the private sector are marshalling their skills, expertise, resources and substantial human capital to provide support, connectivity and often a window into the world of work for youth across America — often in creative and innovative ways.

At EY, for example, our College MAP (Mentoring for Access and Persistence) program matches groups of employee volunteer mentors with groups of local 11th and 12th graders in underserved high schools so that they can gain access to college and succeed in higher education.

This highly successful volunteer program, now in 37 cities across the US, provides access to higher education for underserved youth by engaging our people as mentors who offer personal support, coaching and guidance through the college application and admission processes.

College MAP mentors are drawn from all levels of EY professionals, who make a two-year commitment to monthly in-person meetings, as well as to contact between meetings. Since its inception in 2009, EY College MAP has helped more than 1800 students begin their post-secondary journey.

Summary

This report examines the ways in which some top US businesses are joining with leaders in the public and non-profit sectors to meet the challenge of youth unemployment.

About this article

By

Deborah Holmes

EY Americas Corporate Responsibility Director

Agent for positive social change. Working to help build a better working world with a focus on entrepreneurship, education and equity in the workplace.

Related topics Corporate Responsibility