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Colleges and universities can be a valuable resource in connecting students to high-earning careers and supporting businesses and other industry partners to address holes in the workforce.
Business Roundtable helped facilitate one such initiative, the EY–Alamo Colleges District Hiring Pilot, which matched Ernst & Young with the Alamo Colleges District in San Antonio to fill the accounting company’s job vacancies.
Since 2022, the partnership has successfully helped students land high-paying jobs in a reputable organization and demonstrated the value associate degree holders can bring to the company, as highlighted in a recent report from Business Roundtable. The pilot challenged the company and college’s assumptions and norms of recruitment and hiring, requiring a collaborative and creative workflow to make it a success.
The background: EY and Alamo Colleges formalized their partnership in 2022 as part of the Business Roundtable Workforce Partnership Initiative, which establishes industry–higher education partnerships across the U.S. focused on skill development and driving economic growth, as well as increasing workforce diversity.
“We [Business Roundtable and the Business–Higher Ed Forum] are trying to, through these case studies and convenings, create a model that is highly replicable and scalable regardless of what the workforce need is,” says Dane Linn, senior vice president of Corporate Initiatives at Business Roundtable. “CEOS are looking to expand opportunities for a range of individuals who have skills, who have experiences, and one way to do that is through colleges and universities that actually want to change their model for how they train and prepare individuals for the workforce.”
EY leaders were looking to fill accounting roles in a new San Antonio facility and typically hire students from four-year accounting programs, but the number of degrees awarded in the region had declined and workers in the area were also less likely to hold a bachelor’s than an associate degree.
After considering the role and responsibilities required for the positions in question, EY leadership opened more roles to community college graduates by eliminating the requirement of a bachelor’s degree for some roles, developing more specialized, narrow jobs based on different skill sets.
Alamo Colleges is made up of five colleges, making the district the best fit for the San Antonio metro area, as it produces the greatest share of associate degree grads in the region (90 percent). “A lot of community college students want to stay local, but they want to do more,” says Ellen Glazerman, executive director of the EY Foundation.
EY set an initial goal of hiring 230 Alamo students in entry-level roles within three years and, to date, has resulted in the successful hiring of 91 associate degree graduates. Both groups considered the pilot a success, however, because it paved the way for future collaboration and informing larger organizational strategies, according to the report.
The how to: Building this partnership required creative thinking from the company and the college district because it was a first-of-its-kind endeavor.
Lessons learned: For higher education institutions looking to model this work, researchers identified some key areas of focus for the college:
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