Category: WorkReady | Apr 7, 2016
PHILADELPHIA (April 7, 2016) – The Philadelphia Youth Network (PYN) and Bank of America today accepted the Brotherly Love, Sisterly Affection award through their partnership of PYN’s WorkReady Philadelphia summer jobs program. This award celebrates local partnerships between profit and non-profit companies citywide, and is awarded by the Philadelphia Business Journal.
WorkReady Philadelphia is a citywide initiative managed by PYN, focused on improving the economic outcomes of the region's youth by attracting, aligning and investing resources in coordinated, youth-workforce-development programs. These programs are operated year round, but serve the largest number of youth during the summer, which lasts for six weeks in July and August. Financial support for summer programming, specifically youth work experiences, are driven by both the public and private sectors.
“Public and private sector partnerships are so critical to the success of our WorkReady summer program,” said Chekemma Fulmore-Towsend, President and CEO of PYN. “We could not do this work without longstanding partners like Bank of America, who for the past several years, has continued to be a major champion towards our mission of creating better outcomes for Philadelphia’s youth.”
Since WorkReady’s inception in 2003, Philadelphia’s business community has routinely supported summer programming through the hiring and hosting of youth at their worksites and/or sponsoring youth opportunities at other worksites. These contributions make it possible for youth to participate, which increases the businesses bottom line and supports an ever-growing talent pipeline in Philadelphia.
In the 2014-2015 summer programmatic year, Bank of America became WorkReady’s largest employer, supporting 73 intern experiences. Since 2007, Bank of America has supported nearly 300 intern experiences with an investment of nearly $500,000 in the WorkReady program.
“Early employment and development of key workforce skills are critical first steps on the pathway to personal financial security and growth, said Tom Woodward, Philadelphia Market President at Bank of America. “Investing in Philadelphia’s young people through PYN’s WorkReady program not only improves outcomes for youth; it sets the stage for a more robust local economy that benefits the entire community.”
The Philadelphia Youth Network has also partnered with Bank of America on their own Student Leadership Program.