SOURCE:McKinsey Social Initiative
DESCRIPTION:
India Impact Overview
Generation India offers programs in healthcare, training people to be general duty assistants, and in food and beverage-focused hospitality.
- 95% placed in jobs
- 79% outperforming their peers
- 94% retention (vs. industry average of 40%)
- 100% of employers would hire again
Impact Spotlight
Healthcare graduates perform 3x better than peers on patient care/patient safety and 7-10x better than their peers on courtesy and professionalism. Overall, our India graduates are earning six times more than they did before Generation.
Kenya Impact Overview
Generation Kenya offers programs in financial services sales, consumer goods sales, and retail and restaurant customer service.
- 97% placed in jobs
- 80% outperforming their peers
- 83% retention (vs. industry average of 65%)
- 100% of employers would hire again
Impact Spotlight
Our bank employers typically only extend offers to 10% of university interviewees; however, these same employers made job offers to 60% of Generation graduates, the majority of whom have only a secondary school or pre-university certificate and had a C or below grade at school.
Mexico Impact Overview
Generation Mexico offers programs in financial services sales, retail sales, and cashier roles.
- 80% placed in jobs
- 100% outperforming their peers
- 93% retention (vs. industry average of 50%)
- 95% of employers would hire again
Impact Spotlight
Supervisors have highlighted that Generation graduates have better preparedness and knowledge of the position compared to their non-Generation peers, better customer service, and excellent aptitude and willingness to learn and grow.
Customer service grads score 40% higher than control group on "customer orientation" and have 0% absenteeism at the 2 month mark. They close the day with average deviation (money lost from the till) that is 50% lower than the control group.
Spain Impact Overview
Generation Spain offers programs in digital marketing, web development, insurance sales, and food & beverage sales.
- 87% placed in jobs
- 80% outperforming their peers
- 85% retention (12 months)
- 90% of employers would hire again
Impact Spotlight
In Spain, not only are 85% of our graduates still employed after 12 months, but 51% of have permanent contracts compared to a national average of only 10%.
USA Impact Overview
Generation USA offers programs in healthcare (certified nursing assistants), retail and hospitality, technology, and craft professions.
- 80% placed in jobs
- 87% outperforming their peers
- 80% retention (vs. industry average of 50%)
- 97% of employers would hire again
Impact Spotlight
Our US graduates are earning four times more than they did before Generation. 90% of our CNA grads have passed their certification. 80% are outperforming their peers, and 80% are retained 6 months out. Overall, they are 2-3x cheaper to train and recruit than other CNA graduates. Our customer service grads have a 95% retention rate at 3 months out (vs. an industry average of 80%) and 81% are retained after six months.
To learn more about McKinsey Social Initiative (MSI)'s Generation program, visit the website and follow Generation on Twitter, Instagram, Facebook and YouTube.
KEYWORDS: Education, Philanthropy, McKinsey Social Initiative, generation, Mexico, United States, Kenya, Spain, India, youth unemployment, skills gap, Employment, Training
