4,000 Careers and Counting 

We connect young adults from under-resourced communities to lasting, stable careers through free training, and builds supportive partnerships, to advance equitable economic stability.  

As our organization and free training programs have grown, so has our impact: Since our founding, more than 4,000 graduates of our BankWork$® and CareerWork$ Medical® programs have started new, meaningful, and lasting careers after completing these programs.  

Our Approach to Understanding Our Outcomes & Who We Serve 

As we grow, we are also committed to understanding the outcomes of our programs, what communities we are serving, and how.  

Since BankWork$ was first launched in 2006, our training partners have provided a host of data on student demographics, graduation and placement rates, and retention with our employer partners. To better understand our impact, we leveraged our training partners’ data with external economic trends, and engaged social impact experts Kinetic West to conduct an independent analysis of the outcomes of our BankWork$ program. 

In April 2020, Kinetic West conducted its analysis using BankWork$ participant data from the YWCA Seattle for program years 2014 and 2015, as well as wage growth and employment rate data from Washington State Employment Security Department’s unemployment insurance database. This meant we took real data from a training partner with a high graduation and placement rate, and closely tracked post-graduation progress, including wages and employment rates. 

Impact on Our BankWork$ Graduates 

The analysis of our BankWork$ program showed a clear and meaningful impact on the lives and futures of BankWork$ graduates, including both for graduates who started in roles with our employer partners, and those who pursued other career opportunities after graduation. 

Findings of the analysis include: 

Graduates’ income more than doubles in the first three years

Graduates see an average wage increase of 134 percent in the first three years after graduation when compared to wages earned in the year prior to joining the program. 

Expected lifetime earnings soar

Estimated annual lifetime earnings are $1 million higher for our graduates versus non-participants. 

Graduates’ employment rate skyrockets

By their third year since completing our program, employment rate gains are 39 percentage points higher for graduates compared to non-completers. 

The Students and Communities We Serve 

A key question we sought to better understand was who we serve. The analysis showed that: 

82 percent of BankWork$ graduates are people of color

Our graduates reflect the communities where they live and work. 

52 percent of participants are bi-lingual or multi-lingual

This improves access to banking services for people who speak languages other than English. 

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