U.K. government recognizes J.P. Morgan’s efforts in social mobility
Jun 07, 2012
A recent report highlights positive case studies, calls on businesses to improve social mobility in the U.K.
The U.K. government featured the good work J.P. Morgan is doing in a report released this week on Social Mobility and Child Poverty.
In addition to highlighting positive case studies, the report calls on businesses to improve social mobility across the U.K. The government says that by opening more opportunities to young people from disadvantaged backgrounds, the country will create a more diversified pipeline of talent.
The J.P. Morgan case study referenced in the report highlights a pilot program set up by the bank and the Social Mobility Foundation (SMF), a charity founded in 2006 to improve social mobility for bright young people from lower-income backgrounds.
As part of the pilot, J.P. Morgan and the SMF will work with 50 young people from across the U.K., providing them with mentors, tailored university visits, skill workshops and personal support on applications and interview processes. J.P. Morgan will also work with SMF to offer two-week work placement opportunities across J.P. Morgan offices in London over the summer, which offers young people insight into careers in finance.