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Catalyte Partners with OneTen to Drive Economic Prosperity for Black Tech Talent


News provided by

Catalyte

Aug 25, 2022, 09:35 ET

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Catalyte's unique position as talent developer and employer will enrich collaboration and shape best practices with other OneTen coalition members

BALTIMORE, Aug. 25, 2022 /PRNewswire-PRWeb/ -- Catalyte has partnered with OneTen to hire, advance and promote top Black technology talent without four-year degrees. Catalyte joins this coalition as both an endorsed talent developer and employer of Black tech talent. Through this strategic partnership, Catalyte is poised to share and shape best practices for sourcing, developing and hiring Black talent.

"This partnership continues our twenty-plus-year mission to unleash untapped human potential and develop extraordinary tech talent from unexpected places," said Jacob Hsu, CEO of Catalyte. "Catalyte sits at the nexus of OneTen's coalition of talent developers and employers. As a company that develops and hires our own entry-level tech talent, we are a case study on the power that diversity brings to a company. We can work with partners on both sides of the OneTen network and be a resource to help build bridges between talent developers and employers."

Catalyte can work with partners on both sides of the OneTen network and be a resource to help build bridges between talent developers and employers.

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OneTen is a coalition designed to close the opportunity gap for Black talent in the United States. It works with America's leading executives, companies and talent developers to upskill, hire and advance one million Black Americans without four-year degrees into family-sustaining roles. Catalyte joins more than 70 companies and 100 talent developers that have committed to significantly increase the hiring of Black talent without four-year college degrees into family-sustaining jobs by improving their hiring, retention, upskilling and advancement practices to support a more diverse workforce and advance economic prosperity for all.

"Catalyte is a great example of a company that's both developing and hiring top Black tech talent," said Maurice Jones, CEO of OneTen. "Through this unique partnership, OneTen and Catalyte will be able to thoughtfully upskill and hire Black talent without four-year degrees across the country, expanding the pathways to family-sustaining jobs and taking meaningful action to close the racial wealth gap."

While the job market continues to grow, the racial wealth gap in America remains wide. This is largely due to the employment barriers created by college degrees: 79% of jobs paying more than $50,000 require a four-year college degree, which automatically disqualifies 76% of Black Americans over age 25 with relevant experience. With Black professionals representing less than 8% of the technology workforce, harnessing multi-stakeholder partnerships is vital to spearheading diversity and fostering pathways to success.

About Catalyte

Catalyte's ability to source, develop and deploy tech talent from nontraditional backgrounds simultaneously solves the overall tech talent shortage and helps employers diversify their technology workforces. Its data and technology platform predictably creates new, high-performing software developers and digital media planners. Catalyte also provides on-demand access to exceptional software engineering experts at all levels, allowing clients to flexibly scale technology resources when and how they need them. Catalyte is headquartered in Baltimore and has talent hubs in Boston, Chicago, Denver, Phoenix-Scottsdale, Portland, Ore., Columbia, S.C. and Wichita, Kan. For more information, visit http://www.catalyte.io.

About OneTen

OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote one million Black individuals who do not yet have a four-year degree into family-sustaining jobs with opportunities for advancement over the next 10 years. OneTen connects employers with talent developers including leading nonprofits and other skill-credentialing organizations who support development of diverse talent. By creating more equitable and inclusive workforces, we believe we can reach our full potential as a nation of united citizens. OneTen recognizes the unique potential in everyone – every individual, every business, every community – to change the arc of America's story with Black talent. Join us at OneTen.org, where one can be the difference.

Media Contact

Adam Curtis, Catalyte, 1 410.385.2500 Ext: 1033, [email protected]

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SOURCE Catalyte

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