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GENERATION

You, Employed

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Likes
2
Followers
Number of employeeS

400

Year of Registration

2014

Number of Followers

2

Annual income

US$ 58.8 million

Category of SGO

Non-profit

Country

United States

Founding Global CEO
thedotgood's take
What's so special with that SGO.
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With Generation, you have the perfect social good organization, but you need to sit back and breathe before you are ready to confront your scaling moment. Getting someone employed is a difficult task – even more so when people are ticking too few boxes to make it an easy catch for employers -, and from one economy to another, that is supposed to be a completely different story. Generation doesn’t mind: Any time a difficulty or specificity enters the field, Generation still matches employees and employers. Generation is serious about its tagline: “You, Employed.

Its success is communicative and operates as a key to many doors allowing Generation to think and apply tactical system change possibilities at any time.

Anywhere Generation engages in a conversation with a government, a city, a corporation or all 3 together, they come out of the room...

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With Generation, you have the perfect social good organization, but you need to sit back and breathe before you are ready to confront your scaling moment. Getting someone employed is a difficult task – even more so when people are ticking too few boxes to make it an easy catch for employers -, and from one economy to another, that is supposed to be a completely different story. Generation doesn’t mind: Any time a difficulty or specificity enters the field, Generation still matches employees and employers. Generation is serious about its tagline: “You, Employed.

Its success is communicative and operates as a key to many doors allowing Generation to think and apply tactical system change possibilities at any time.

Anywhere Generation engages in a conversation with a government, a city, a corporation or all 3 together, they come out of the room with a project, a joint initiative, a scalable and sustainable model to support inclusive growth and institutional strengthening.

With not yet 10 years of existence, Generation is still in its infant days and is promising to disrupt more. One thing to keep in mind though. Generation’s disruption is beautiful. Instead of destroying ‘old’ jobs against limited ‘smart’ jobs, its disruptive approach is fundamentally adding jobs to jobs.

 

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Mission statement
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We transform education to employment systems to prepare, place, and support people into life-changing careers that would otherwise be inaccessible.

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We transform education to employment systems to prepare, place, and support people into life-changing careers that would otherwise be inaccessible.

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Impact

LATEST ANNUAL INCOME
US$ 58.8 million
Previous Annual Income
US$ 90.8 million
Latest Surplus/Deficit
US$ 1.5 million
Latest Net Assets
US$ 51.4 million
Name of Auditing Firm

Calibre (Bethesda, MD, USA)

LATEST FINANCIAL STATEMENTS
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COUNTRY (OR COUNTRIES) WHERE ACTIVE
Australia, Brazil, Chile, Colombia, Hong Kong (China), France, India, Ireland, Italy, Kenya, Mexico, Pakistan, Singapore, Spain, Thailand, the United Kingdom, the United States
Latest ANNUAL REPORT
TAX YEAR END
Unknown

Governance

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Founding Global CEO
Mona Mourshed
SHORT BIOGRAPHY
Dr. Mona Mourshed is the founding CEO of Generation. Mona has decades of experience as a leader in the education and workforce space. She authored widely cited education reports, including Education to Employment: Getting Europe’s Youth Into Work, Education to Employment: Designing a System That Works, How the World’s Most Improved School Systems Keep Getting Better, and How the World’s Best Performing School Systems Come Out on Top. Mona previously founded and led McKinsey & Company’s global education practice, and led McKinsey’s global social responsibility agenda. She was selected as one of Fortune Magazine’s ’40 under 40’, sits on the boards of Last Mile Health, New America and Teach for All, is a member of the Council on Foreign Relations, and previously served on the Board of Governors of the International Baccalaureate Organization. Mona has a B.A. from Stanford University and a Ph.D. from MIT. She holds dual Egyptian and American citizenship.
Has Held position since
2015
Board Gender balance
9 women, 5 men
Number of Employees
400
Number of Volunteers
-

History

We believe in the power of employment to change lives. Generation is a global employment nonprofit that helps people achieve economic mobility through employment. We prepare, place, and support people into life-changing careers that would otherwise be inaccessible.

Unemployment is a source of economic underperformance, social unrest, and individual despair. The pathway into employment has become steeper in our post-pandemic world for hundreds of millions of people unemployed or facing reduced income, with jobless youth and midcareer individuals hardest hit.

All over the world, people seeking employment face discrimination because of their identity or skin color. Black Americans are twice as likely to be unemployed as white Americans. The same is true for Black and Pardo people in Brazil, Black and Asian people in the UK, and First Nations people in Australia, to name a few. Biases against hiring...

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We believe in the power of employment to change lives. Generation is a global employment nonprofit that helps people achieve economic mobility through employment. We prepare, place, and support people into life-changing careers that would otherwise be inaccessible.

Unemployment is a source of economic underperformance, social unrest, and individual despair. The pathway into employment has become steeper in our post-pandemic world for hundreds of millions of people unemployed or facing reduced income, with jobless youth and midcareer individuals hardest hit.

All over the world, people seeking employment face discrimination because of their identity or skin color. Black Americans are twice as likely to be unemployed as white Americans. The same is true for Black and Pardo people in Brazil, Black and Asian people in the UK, and First Nations people in Australia, to name a few. Biases against hiring “different” profiles are insidious and pervasive.

Generation launched in five countries in 2015, and now provides profession-specific training, support services, and job placement in 17 countries – Australia, Brazil, Chile, China (Hong Kong), Colombia, France, India, Ireland, Italy, Kenya, Mexico, Pakistan, Singapore, Spain, Thailand, the United Kingdom, and the United States.

Generation measures impact against three types of metrics – breadth, depth, and durability. Breadth is total number of graduates – Generation has 75,000+ graduates to date, and will add 25,000+ in 2023. By annual graduate volume, Generation is the largest multi-country ‘train and place’ program in the world. Depth metrics include job placement and income uplift. Eighty-one percent of graduates are placed in jobs within three months of program completion. Ninety-three percent of program participants are unemployed when they enter, but even those who were working see a 3-4x income increase over what they were making before, and cumulatively graduates have earned US$630 million in wages. And Generation’s results are durable – two to five years later, ~70% of alumni continue to meet daily financial needs, ~40% are saving for the future, and ~80% are confident about their ability to achieve their professional goals.

Based on the insights that come from sitting between thousands of employers and learners, Generation has also undertaken original research. The inaugural effort in 2021 surveyed thousands of employers and midcareer job seekers/career switchers. The resulting report, Meeting the World’s Midcareer Moment, spotlighted deep-seated ageism biases and other challenges that they face in gaining training and employment, receiving significant attention from global media and others in the workforce space. There will be two new research reports in 2023 -- one on entry-level tech roles and a follow up to the earlier midcareer effort.

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Legal Status
501(c)(3) in the US
Year of registration
2014
BYLAWS PUBLICLY AVAILABLE
Yes
BYLAWS PROVIDED ON REQUEST
Yes

Contact

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HQ LOCATION ADDRESS
1200 19th Street, NW
Suite 1110
Washington, DC 20036
United States of America
SOCIAL NETWORKS
WEBSITE
MAIN CONTACT EMAIL
info@generation.org
+1 (202) 629-4410