Home News HR Tech Company’s Employees Form Foundation to Help Upskill Underrepresented Communities

HR Tech Company’s Employees Form Foundation to Help Upskill Underrepresented Communities

HR Tech Company’s Employees Form Foundation to Help Upskill Underrepresented Communities

Amid nationwide cries for increased diversity, equity and inclusion following protests over systemic racism, a group of employees at OutMatch decided to create an organization to use the work they do with the company to impact underrepresented communities.

Now the OutMatch Foundation has officially launched to help people upskill and find meaningful careers. It has been named the recipient of its first grant: Merit America, an organization that helps non-college grads find employment paths.

“At the Outmatch Foundation, we believe the chance to succeed is a right, not a privilege,” said  Andrew D’Agostino, who co-chairs the foundation, in a statement. “It is important that we find ways to equip people with the right tools and resources so they can embark on meaningful careers with the in-demand skills that employers in high-demand fields are looking for.”

The foundation will act as a separate entity from Dallas-based OutMatch, which uses a data-driven platform to optimize and automate recruitment and hiring, and was acquired by Colorado-based private equity firm Rubicon Technology Partners.

The organization did not disclose the amount of the grant. However, it said the funds came from employees and leaders, as well as outside donations.

Along with the grant funding, the OutMatch Foundation will sponsor a 12-person cohort through a 14-week IT job development program, working with each of the members to help find the jobs following the program.

“The COVID-19 pandemic has completely disrupted the job market, leaving millions of people without work and, in some cases, no career to return to,” D’Agostino said. “Unfortunately, reskilling and upskilling programs remain out of reach for many people, despite being necessary to make career moves that will set them up for long-term success.”

The OutMatch Foundation is co-chaired by D’Agostino, director of sales enablement at the company, and Elizabeth Richardson, a senior account executive.

OutMatch initially began forming the foundation in June, with a mission of “connecting people with purpose,” as part of a larger push for increased diversity and inclusion within the company. At the time, it said it was committing to hiring diverse candidates, not requiring degrees unless necessary for the position, and forming a talent council to help drive better practices within the company and on its platform. It also said it would be reviewing its platform for unconscious biases.

OutMatch has about 120 employees. It said about 41 percent of its workforce was female, a number it hopes to increase. It did not release numbers on racial diversity.

OutMatch was created in 2015 out of the merger between Chequed.com and Dallas’ Assess Systems and acquired by Baltimore-based Camden Partners in an $8 million deal later that year. Following Rubicon’s majority investment in OutMatch in March, Camden remained an investment partner of the company.

“We know the problem will not go away unless we act, and while these efforts alone will not change the world, we hope to make it better,” Greg Moran, president and CEO at OutMatch wrote in a blog post on the company’s website.

 

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness,...

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...