Merit America Alumni Experience a $24,000 Wage Increase 3+ months Post-Program, According to University of Virginia Analysis
WASHINGTON, Aug. 1, 2023 /PRNewswire/ -- Today, Merit America, a national nonprofit that creates pathways to family-sustaining careers for Americans stuck in low-wage jobs, released findings from a longitudinal wage analysis with Professors Ben Castleman and Kelli Bird at the University of Virginia. The analysis examined data (including paystubs, offer letters and self-reported data) from their first 3,000 program completers, and found that on average alumni experienced an annual wage increase of $24,000 – 3 months or more after completing the program.
- The pre-program wage of Merit America participants closely mirrored the national average for low-income workers, at just $26,000 annually even with recent inflation.
- This latest analysis was led by Dr. Ben Castleman, the Newton and Rita Meyers Associate Professor in the Economics of Education at the University of Virginia.
- "Our mission at Merit America is to break down the barriers that keep talented, historically marginalized candidates from reaching high-paying careers," said Rebecca Taber Staehelin, Co-Founder and Co-CEO of Merit America.
- The full wage analysis is available here and for more information about Merit America, please visit www.meritamerica.org .