OneTen’s role in the talent ecosystem will be local, reflecting the workforce development landscape, and focus on reducing exclusionary hiring practices, identifying robust and new talent sources, and ensuring that adequate and equitable career pathways for advancement exist. The newly established organization will cultivate an ecosystem that brings together major employers, in partnership with the nation’s leading non-profits and other skill-credentialing organizations, to create a more flexible talent pipeline and practices that will allow employees and employers to thrive by shifting to a skills-first paradigm. Members include Accenture, ADP, Allstate, American Express, Amgen, Aon, AT&T, Bain & Company, Bank of America, Cargill, Caterpillar, Cisco, Cleveland Clinic, Comcast, Deloitte, Delta Air Lines, Eli Lilly, General Motors, HP Inc., Humana, IBM, Illinois Tool Works, Intermountain Healthcare, Johnson & Johnson, Lowe’s, Medtronic, Merck, Nike, Nordstrom, PepsiCo, Roper Technologies, Stryker, Target, Trane Technologies, Verizon, Walmart and Whirlpool Corporation. Save . OneTen specializes in working with innovative hardware engineering companies in the early stages. We connect employers with talent partners, leading non-profits and other skill-credentialing organizations who support development of diverse talent. Content contained herein may have been produced by an outside party that is not affiliated with Bank of America or any of its affiliates (Bank of America). Summary Financials Investments People Technology Signals & News. These materials are for informational purposes only. Bank of America, N.A. Contact Information. Click here for records required pursuant to 18 U.S.C. Coalition Investing venture firm focusing on engineering and hardware startups in Western New York. One million careers for Black talent in America. We are all in. Answer. Members include: Accenture, ADP,  Allstate, American Express, Amgen, Aon, AT&T, Bain & Company, Bank of America, Cargill, Caterpillar, Cisco, Cleveland Clinic, Comcast, Deloitte, Delta Air Lines, Eli Lilly, General Motors, HP Inc., Humana, IBM, Illinois Tool Works, Intermountain Healthcare, Johnson & Johnson, Lowe’s, Medtronic, Merck, Nike, Nordstrom, PepsiCo, Roper Technologies, Stryker, Target, Trane Technologies, Verizon, Walmart and Whirlpool Corporation. OneTen, a coalition of leading executives, said it would work to hire 1 million African Americans into family-sustaining jobs with advancement opportunities over the next decade. OneTen Capital. We … OneTen will work with employers, education partners and upskilling partners to design educational and employment solutions. All five founders will serve on the board of OneTen together with other participating CEOs. Coalition of 37 CEOs across industries are coming together to take action . OneTen would like to take this opportunity to thank Bain & Company, Black Economic Alliance, The Bridgespan Group, Bully Pulpit Interactive, Grads of Life, Russell Reynolds Associates, Siegel+Gale, Sullivan & Worcester LLP, Teneo and Year Up who graciously provided support for the launch of this startup. OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote one million Black Americans over the next 10 years who do not yet have a four-year degree into family-sustaining jobs with opportunities for advancement. Connect to CRM . April 22, 2021. When you visit these sites, you are agreeing to all of their terms of use, including their privacy and security policies. Search Crunchbase. Log In. By creating more equitable and inclusive workforces, we believe we can reach our full potential as a nation of united citizens. Certain links may direct you away from Bank of America to an unaffiliated site. By entering this site you swear that you are of legal age in your area to view adult material and that you wish to view such material. Our country’s workforce of the future will be an increasingly diverse one,” said Ken Frazier. About OneTen . We connect employers with talent partners, leading nonprofits and other skill-credentialing organizations who support development of diverse talent. Products. Rather it is a coalition of leaders across industries who are committed to ensuring that Black Americans with the skills and aptitude to earn success also have the opportunity to achieve success. The firm does coalition investments and also provides investment capital to early-stage startups. “OneTen links our companies with the critical work we know we need to do to improve racial equity in America,” said Rometty. Executives announce OneTen coalition to promote meaningful employment for 1 million Black America… Posted on December 10, 2020 by Bob News Executives Ken Frazier of Merck and Ginni Rometty of IBM join "CBS This Morning" to discuss a new coalition, OneTen. “This will not only help our individual companies, but by removing structural barriers that have disproportionately hindered Black Americans from joining the middle-class, it will also help lift all Americans. Thirty-seven companies are taking on racial equality by forming the OneTen Diversity Coalition. Recognizing that the current system is not inclusive enough and has reinforced systemic barriers that have prevented many Black Americans from the opportunity to earn success, OneTen has set out to change the way companies provide more equitable environments to drive better business outcomes and benefit all employees. Synchrony Joins Coalition to Hire One Million Black Americans in 10 Years STAMFORD, Conn., April 20, 2021 /PRNewswire/ -- Synchrony announced today its participation in OneTen, a coalition of leading and former CEOs and companies that will train, hire and advance one million Black Individuals into family-sustaining American jobs over the next decade. “Through the creation of one million jobs for Black Americans over the next 10 years, OneTen has the potential to address persistent inter-generational gaps in opportunity and wealth.”. What does equity look like? Ken Frazier, Merck’s chairman and CEO, has signed on as co-chair for OneTen, a new initiative that aims to close the opportunity gap for Black Americans. All models appearing on this website are 18 years or older. Members include: OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote one million Black Americans over the next 10 years who do not yet have a four-year degree into family-sustaining jobs with opportunities for advancement. OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote 1 million Black Americans over the next 10 years who do not yet have a four-year degree into family-sustaining jobs with opportunities for advancement. We started by developing the name, “OneTen,” as a declaration of the scale and longevity of their action: create one million careers for Black talent over a decade. Follows CEO Ed Bastian’s action plan to reimagine Delta’s talent strategy to create a more just, equitable society . Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as “MLPF&S” or “Merrill”) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of Bank of America Corporation (“BofA Corp.”). All rights reserved. At this point, we are pretty accessible and can be reached through our website or at [email protected]. Recognizing that the current system is not inclusive enough and has reinforced systemic barriers that have prevented many Black Americans from the opportunity to earn success, OneTen has set out to change the way companies provide more equitable environments to drive better business outcomes and benefit all employees. We have partnered with OneTen, and join a coalition of 37 of the largest U.S. employers, to train, hire … Read More Cleveland Clinic is committed to addressing structural racism and bias in our community. OneTen would like to take this opportunity to thank Bain & Company, Black Economic Alliance, The Bridgespan Group, Bully Pulpit Interactive, Grads of Life, Russell Reynolds Associates, Siegel+Gale, Sullivan & Worcester LLP, Teneo and Year Up who graciously provided support for the launch of this start-up. Before acting on any information in this material, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Videos. For Medtronic, it looks like the private sector stepping up and leading, with measurable outcomes, attainable goals and countless opportunities for all. Coalition of 37 CEOs says it will hire 1 million Black Americans over 10 years. Will Create One Million Jobs for Black Americans Over 10 Years, Coalition of 37 CEOs across industries are coming together to take action, 2021  OneTen, a Project of Tides Center  All Rights Reserved. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. Investment products offered through MLPF&S and insurance and annuity products offered through MLLA: Bank of America" is the marketing name for the global banking and global markets business of Bank of America Corporation. It also holds an active position within each of its invested companies. OneTen is not just philanthropy. Hiring and advancing one million Black Americans over the next 10 years into family-sustaining jobs. “This will not only help our individual companies, but by removing structural barriers that have disproportionately hindered Black Americans from joining the middle class, it will also help lift all Americans. OneTen is launching with the support of 37 founding CEOs and companies across industries. NEW YORK, NY, December 10, 2020 – A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen, an organization that will combine the power of these committed American companies to upskill, hire and promote one million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement. These founding companies look forward to welcoming additional members, including small and medium-size businesses, which power the majority of the U.S. economy. OneTen connects employers with talent partners, leading nonprofits and other skill-credentialing organizations that support the development of diverse talent. OneTen is launching with the support of 37 founding CEOs and companies across industries. Advanced Search. Welcome to the Project OneTen community, We are glad you’re here! In January 2021, the organization will begin working with partner employers to improve workplace inclusivity practices and will connect talent providers to partner employers shortly thereafter. Rather it is a coalition of leaders across industries who are committed to ensuring that Black Americans with the skills and aptitude to earn success also have the opportunity to achieve success. The newly established organization will cultivate an ecosystem that brings together major employers, in partnership with the nation’s leading nonprofits and other skill-credentialing organizations, to create a more flexible talent pipeline and practices that will allow employees and employers to thrive by shifting to a skills-first paradigm. “Through the creation of 1 million jobs for Black Americans over the next 10 years, OneTen has the potential to address persistent inter-generational gaps in opportunity and wealth.”. Insurance and annuity products are offered through Merrill Lynch Life Agency Inc. (“MLLA”), a licensed insurance agency and wholly-owned subsidiary of BofA Corp. A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen, an organization that will combine the power of these committed American companies to upskill, hire and promote 1 million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement. A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen, an organization that will combine the power of these committed American companies to upskill, hire and promote 1 million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement. OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote one million Black Individuals over the … Coalition of 37 CEOs Across Industries Are Coming Together to Take Action. NEW YORK, NY, December 10, 2020 – A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen, an organization that will combine the power of these committed American companies to upskill, hire and promote one million Black Americans over the next 10 years into family-sustaining jobs with opportunities for advancement. See All. OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote one million Black Americans over the next 10 years who do not yet have a four-year degree into family-sustaining jobs with opportunities for advancement. Resources. Pricing. Delta and CEO Ed Bastian are among 37 founding companies and CEOs joining to form OneTen, an organization that will combine the power of these committed American companies to recruit, hire, train … Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. Website. Join the OneTen Coalition. OneTen is not just philanthropy. “This is a moment in time for Americans to move past our divisions to come together and reach our full potential as a nation,” Ken Frazier, the chairman and CEO of Merck and a OneTen founder stated. Join us at. Our site uses technology such as cookies so that we can remember you and understand how you use our site. Continued use of this site indicates your consent to our use of cookies. Learn more. Medtronic is a founding member of OneTen coalition. OneTen is a coalition of leading chief executives and their companies who are coming together to upskill, hire and promote one million Black Americans over the … The coalition's goal is to hire one million Black Americans over the next ten years. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation ("Investment Banking Affiliates"), including, in the United States, BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, and Merrill Lynch Professional Clearing Corp., all of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Together, these partners will better develop, retain and advance diverse and underrepresented talent more broadly but with an explicit commitment to hire or promote Black Americans without four-year degrees. Frazier and Rometty will serve as co-chairs. “This is a moment in time for Americans to move past our divisions to come together and reach our full potential as a nation,” Ken Frazier, the chairman and CEO of Merck and a OneTen founder stated. OneTen was founded by Ken Chenault, Chairman and Managing Director of General Catalyst and former Chairman and CEO of American Express, Ken Frazier, Chairman and CEO of Merck, Charles Phillips, Managing Partner of Recognize, Chairman of the Black Economic Alliance and former CEO of Infor, Ginni Rometty, Executive Chairman and former CEO of IBM and Kevin Sharer, former Chairman and CEO of Amgen and former faculty member at Harvard Business School. Bank of America does not assume liability for any loss or damage resulting from anyone's reliance on the information provided. Together, these partners will better develop, retain and advance diverse and underrepresented talent, more broadly, but with an explicit commitment to hire or promote Black Americans without four-year degrees. Company goals are aspirational and not guarantees or promises that all goals will be met. In January 2021, the organization will begin working with partner employers to improve workplace inclusivity practices and will connect talent providers to partner employers shortly thereafter. © 2021 Bank of America Corporation. Will Create One Million Jobs for Black Americans Over 10 Years. BofA Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. 2257 Record Keeping Requirements Compliance Statement. Project OneTen is an organization that is dedicated to seeing and affirming Black and Brown boys during the important, but oftentimes difficult, transition to high school. The coalition joined forces to upskill, employ, and advance the hires as a method to chip away at the economic barriers plaguing African Americans. NEW YORK, Dec. 10, 2020 /PRNewswire/ -- A coalition of leading CEOs and organizations are coming together today to announce the formation of OneTen… OneTen’s role in the talent ecosystem will be local, reflecting the workforce development landscape, and focus on reducing exclusionary hiring practices, identifying robust and new talent sources, and ensuring that adequate and equitable career pathways for advancement exist. We connect employers with talent partners, leading non-profits and other skill-credentialing organizations who support development of diverse talent. OneTen connects employers with talent partners, leading non-profits and other skill-credentialing organizations that support the development of diverse talent. By bringing together a coalition of key leaders and asking them to make long-term commitments, we have the ability to change employment practices and help break down systemic barriers opening the door to full participation in our economy.”. Investment Firm. OneTen Capital is an early stage venture capital firm that is based in Buffalo, New York. (RTTNews) - A new initiative group, called OneTen, which comprises of 37 CEOs from companies like Merck & Co., General Motors Co., Nike Inc. …