Showing 1 ideas for tag "employment"

Economy

Revive the Apprentice Model in Miami

We are growing a new pathway for professional success in Miami. According to recent studies, Miami is the hardest city in the country to find a job. Young people go into debt getting college degrees, to then find themselves underemployed or unemployed, working most frequently in entry-level roles where they learn from the lowest ranking managers in a company. That's a backward way to build a vibrant talent force.... more »
Who are you?

Shaila & Kane, friends from the tech/startup space. Since launching in 2012, we have been named Echoing Green Fellows, Forbes 30 Under 30, & Next Leaders of the Future. Enstitute has been featured by CNN, Fast Company, and NYTimes.

How does this project impact the issue you selected?

We are building a new pathway to economic success in Miami. We retain and develop top young talent, offering them outstanding professional development, access to powerful networks, and mentorship from our city's top economic leaders. We support businesses in Miami by offering them smart, ambitious, young talent who we develop over the course of their apprenticeship. We also retain that talent, as 90% of our apprentices complete the program with a full time job offer from their host company.

What data points from The Our Miami Report does your project address?

The Our Miami report highlighted a 2.5% employment growth rate in Miami in 2013. While that is promising, some peer cities had stronger results. (Houston has a 3.3% rate). Small businesses in Miami are growing into larger businesses at a .46% rate, while peer cities like Chicago boast a .78% rate. We seek to improve these statistics by helping talented young people get incredible jobs locally and by supporting the leaders of Miami businesses to accelerate the success of their enterprises.

Please give examples of your project's success.

Most importantly, 90% of our apprentices complete the program with a job offer from their host company, with an average starting salary of $50,000. Over 85% of our host companies have referred another company to be a part of the program. Several of our CEOs contended that taking on apprentices is one of the most impactful leadership decisions they made this past year.

Organization Name (or individuals name) Enstitute

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