The Philippine Business for Education (PBEd), an advocacy group founded by the country’s top CEOs, has partnered with Wells Fargo, an American financial services company with a business process outsourcing operations in the country, to provide training to some 200 out-of-school youths.
Through PBEd’s Human Capital Investment for Work Readiness and Employment (HIRE) program, Wells Fargo will train the out of school youths and provide them the skills they need to get a job.
The HIRE program can last from 4 to 8 weeks, depending on the industry for which the youths are being trained. Participants will get mentoring from professionals as well as training subsidies during their on-the-job training, preparing them for future employment.
“Investing in our youth and developing our human capital is the key to driving growth and innovation in the country,” PBEd deputy executive director for programs Bal Camua said.
“Wells Fargo is committed to building an inclusive, sustainable future for all, as well as making a positive impact in its communities. We are excited to collaborate with PBEd to upskill and train the youth, helping pave the way for a more resilient and skilled workforce,” Wells Fargo Philippines country head Mike Whyte said.
PBED’s HIRE program offers training tailored to the needs of companies in various fields, including food service and tourism, construction, ICT and analytics, agriculture and agri-business, manufacturing, logistics, banking and finance, energy and renewables, and health service.