Workforce Development. and Retraining. Multivision Inc.

Transcription

1 Workforce Development and Retraining Multivision Inc.

2 Agenda Multivision Inc. Profile About Us Service Offerings Partner Network Problems Historic Approach Our Solutions Our Program Benefits Metrics Challenges and Fixes

3 Multivision Inc.,

4 About Us IT Services Company Socially Responsible Company Since 2009 we have provided job based IT training for over 220 unemployed Americans at no cost Around 300 fulltime employees working on cutting edge technology Certified Partner of Oracle -BEA, IBM and Microsoft 100% Customer Retention Senator Larry Pressler is chairman of our Board of Advisors

5 Service Offerings

6 Problems

7 Problems 14 Million Unemployed Americans Workforce without Advanced Skills Unfilled Tech Jobs with corporations 3.2 Million open jobs in the nation 14 Million Unemployed workforce Over 3.2 million open jobs. This is double compared to 2007 Northern Virginia is expected to create 650,000 tech jobs in the next decade. Northern Virginia is home for over 500,000 lowwage or unemployed adults with a desire for career advancement Laid off IT workforce with legacy skills are finding it difficult to get back into IT field Vast number of college graduates are not job ready More than ever Corporations are expecting all their new hires to deliver from day 1 Due to rapid change in technology, IT workforce is expected to learn advanced skills more frequently Rapid change in technology combined with longer approval process is making it difficult for educational institutions keep their course curriculum in par with the market needs

8 Average Salary Range for the Top 10 Occupations in Demand Occupation New Job Ads Posted Percentage Job Ad Growth (year-over-year) Average Salary Range (Nationally) Registered Nurses 222, % $72,000 $79,700 Computer Systems Analysts 109, % $83,200 $100,000 Web Developers 88, % $83,200 $100,000 First-Line Supervisors / Managers of Retail Sales Computer Application Software Engineers Truck Drivers, Heavy & Tractor-Trailer 83,492-14% $30,000 $40,000 71, % $91,800 $106,000 69, % $35,350 $50,000 Retail Salespersons 66, % $21,850 $30,000 Computer Support Specialists 61, % $21,850 $56,050 Physical Therapists 61, % $73,000 $83,200 Network & Computer System Administrators 59, % $75,000 $90,000

9 Historic Approach

10 Historic Approach Educational Institutes and Community Colleges are the major players in fixing this gap through their certification programs and Adult Career Path programs Government provided incentives to hire and train unemployed/displaced workers Programs funded by Workforce Investment Act (WIA) Non profits like Goodwill, YearUp and Streetwise Partners run programs to create skilled workforce

11 Our Solutions

12 Our Solutions Create and retain Workforce in advanced and much needed skills by intense training Efficient and Practical recruitment process based on any one of the below qualification Right Aptitude and Attitude Education Past experience Intense job based training providing the required skills to perform programming jobs 8 Weeks of fulltime classroom training for 40 hrs/week Real-time project experience Focus on team building activities Over 90% success rate On the Job Mentorship Support Paid mentors with senior level expertise in the industry Constant retraining for our existing workforce to keep in touch with current and emerging technology

13 Our Program Recruitment Unemployed IT Professional ona Recent College Graduates Employment Based FREE Training ng 8 weeks of training with real al-time project based training and team building exercise Job Placements 1/3 rd are hired by Multivision The rest are employed by our client partners rs Constant Retraining ng Retraining in emerging ergin technologies es Technical seminars On The Job Support 6 Months Technical Mentorship 24 hours response time Mentors are paid and have strict SLAs

14 How all Parties are Benefitted Trainees Client Partners Multivision Get Stable jobs as Software Programmers with reputed corporations Excellent career growth Obtain Advanced Skills and become a sought out IT professional At an average our trainees get 35% better pay than their previous jobs Unfilled positions are filled with candidates with advanced skills Multivision s Guarantee, SLA and Mentorship for new hires At an average our client partners save 20% compared to conventional hire Multivision benefits by employing the trainees for its client IT projects Multivision will receive placement fees for fulltime hires by our client partner network This sustaining model helps Multivision to reinvest in the program and help communities across the nation

15 Training Performance Metrics WDP Established Year Jan 2009 Total Trained Till Date ~220 Success Rate Over 90% Employed as programmers after the training Employment split Multivision employs around 1/3 rd of the trainees The rest are employed by our clients Training Capacity 40 to 50 Trainees concurrently Training Duration 8 Weeks Training Timing Mon to Friday, 8 hrs/day Training Technologies 1. Java/J2EE 2..NET/SharePoint 3. Quality Analyst 4. Business Analyst

16 Challenges and Fixes

17 Challenges and Fixes Industries should be willing to invest in Human Capital to retrain in emerging skills To make this model more scalable and to replicate across the board, a perfect partnership among education institutions, corporations and unemployment offices is very essential Active internship and job based training should be heavily promoted among graduating students You can t train or teach leadership, you can t train or teach maturity. Talent from experienced workforce should be harvested Open minded approach towards hiring people from different career backgrounds as long as they have right aptitude and attitude Career counseling should start right from admission and until graduation

18 THANK YOU Bobby Toe VP, Strategic Partnerships ext. 110