1. Cristo Rey New York High School: Overview
Mission and Strategy
Mission – Educate students from low-income backgrounds and provide them with a means to escape
poverty
Our ultimate goal is that our students will graduate from college
Strategy – Deliver a rigorous college-preparatory curriculum and have the students work one day each
week to pay for it in an innovative Corporate Work Study Program (CWSP)
Results
Academic CWSP
• 165 graduates, all enrolled in college • 75 paying companies employ 360 students
• 93% student retention • 83% client retention
• 370 enrolled students; ~ 50% on honor roll • 96% of students are rated outstanding or
• NYSAIS accredited good by their employers
For more information, please contact Brian Heese at 646-345-1808 or bheese@cristoreyny.org
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2. Corporate Work Study Program – Benefits both Student & Company
Benefits for Benefits for
the Student the Company
See the power of a Gain productive, entry
college education level employees
Give back to community
Learn valuable skills
with immediate payoff
Gain exposure to positive Identify diverse talent
role models early
Free-up lower level
Finance education employees for more value
added work
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3. Cristo Rey New York High School - Client List: 2010-11 School Year
Accounting : Financial Services (Continued): Information Technology: Museums and Parks
Deloitte & Touche ING Investment Mgt City Parks Foundation
CMIT Solutions
JP Morgan Chase
KPMG Equinix El Museo del Barrio
Keefe Bruyette & Wood, Inc
PriceWaterhouseCoopers Hopstop.com Museum of the City of New York
Liquidnet Holdings, Inc
MarketAxess Insurance : NY Historical Society
Advertising:
MidOcean Partners Hartford Financial Products
Interpublic Group Pharmaceutical :
Mitsubishi UFJ Securities USA MetLife
MPG New York Life Investment Management Pfizer, Inc.
Meridian Risk Management
Construction: Sandler O’Neill + Partners, L.P. New York Life Insurance
Publishing :
Eurotech Construction Stone & Youngberg LLC
Zephyr Management LP William H. Sadlier, Inc.
Media:
Consulting: Government :
Alloy Media Real Estate Development :
Changing Our World Campaign Finance Board
MultiVu Brookfield Properties
Exec/ Com LLC New York City Housing Development Corp
Thomson Reuters Rockefeller Group
Education: New York City Supreme Court (Clerk of the Court)
Development Corp
Classroom, Inc. Legal :
Health Care :
Akin Gump Recruiting/ Staffing :
Engineering: Columbia Medical Center
HDR Inc Dewey & LeBoeuf LLP Mitchell Martin
ICE Sports Therapy
Ford Marrin Esposito Witmeyer & Gleser, LLP
Financial Services: Lott Residence
Jones Day LLP Trade Association:
Bank of America/ Terence Cardinal Cooke Health Care Center Securities Industry &
Kelley Drye & Warren
Merrill Lynch Financial Market Ass.
Kramer Levin, Naftalis & Frankel LLP (SIFMA)
Bank of Tokyo Mitsubishi Human Services:
Brown Brothers Harriman Catholic Medical Mission Board Morrison & Foerster
National Minority
Capital Group Companies Common Ground Satterlee Stephens Burke & Burke Business Council
Citadel Securities Goodtemps Sher Herman Bellone Tipograph P.C
Transportation :
Credit-Suisse Sidley Austin , LLP
Grand Central Neighborhood Social Services Farrell’s Limousine Service
Deutsche Bank Skadden Arps
Hope Community
ING Financial Services Weil Gotshal & Manges
YMCA
White & Case
• 83% of 2009-10 clients renewed their contract in 2010-11
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4. Corporate Work Study Program – Details
How it works: Job Sharing Model Full and Partial Teams Available(1)
Full Team Partial Team
Traditional Job 5 students 4 students
One 5 days / week 4 days / week
One job = worker
$29,000 $23,200
5 CRNYHS Students Share a Job
Worker A Partial Team Partial Team Partial Team
Worker B 3 students 2 students 1 student
One job
= Worker C
Worker D 3 days / week 2 days / week 1 day / week
Worker E $17,400 $11,600 $5,800
Student Workers are Employees of CWSP. No Ancillary Taxes or Admin Costs
Traditional Job: 4 Payment Processes
CRNYHS
Salary Worker
Taxes Government Salary CRNYHS
Benefits Providers / Custodian
HR Costs Paid by owners
• Students are employees of the Corporate Work Study Program, not the clients; Cristo Rey handles all payroll, W-4, I-9,
Workers' Compensation, and FICA.
1) Price is for the 2010-11 School Year. Job team price may increase 3-5% each year to reflect higher educational costs
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5. Corporate Work Study Program – Details
What Types of Tasks Can the Students Do?
General
Department Job Description
Acct • Data entry of purchase orders
• Assist with processing of accounts payable (verify vendor invoice and attach check to invoice)
• Assist in processing of expense reports and reconciliation of bank statements
• Allocate phone bill across various departments
• Check incoming legal invoices & code for department and deal number, enter data into excel spreadsheet
used to track invoices, circulate invoice for approval
Human • Process COBRA notices and exit mailings
Resources • Assist in preparations for recruiting job-fairs at college
• Process interview paperwork
• Data entry for commissions, research issues associated with payroll
• Reconciliation of HR data across several databases
• PeopleSoft data management, filing, process new hires and terminations,
• Distribute and track evaluation forms (for on-going staff development),
• Draft emails announcing wellness programs and assist in managing the wellness meetings
• Process new employee passes and documents
• Typing of “new hire” and “exit” letters
• Ensuring completeness of immigration documents and then scanning & filing those documents
• Filing of HR information
Finance – • Filing of trade confirms and trading tickets
Middle • Scan credit documents, ensure completeness of credit files, prepare batches for off-site distribution
Office and • Check transactions in off –site employee accounts: open statements, ID documents, code, scan and batch
Compliance documents for shipment.
Functions • Patriot Act compliance (ensure completeness of account opening documentation), archiving regulatory
documents
• Assist in processing of new employee Securities Registration and existing employee continuing education
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6. Corporate Work Study Program – Details
What Types of Tasks Can the Students Do (Continued)?
General
Department Job Description
Marketing – • Prepare presentation materials
Business • Assist with client events (name tags, preparation of marketing folders)
Development
IT • Equipment allocation, reallocation and inventory. Order processing for new equipment
• Help-desk triage
Office • Mail delivery, copy room support (including use of large-scale copy machines and cutting/ binding
Services equipment
• Back-up phone duty for main reception (if student shows aptitude for this work)
• Maintain schedule for appointment rooms, prepare rooms for meetings,
• Manage supplies inventory
• Assist in organizing library, sort and distribute practice supply books, re-shelve returned materials (files &
periodicals), data entry of library research requests into library statistics database)
• Prepare documentation for shipping offsite
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7. Corporate Work Study Program – Details
Can the students work with confidential information?
• The students work with confidential information at the majority of our clients. This information includes client names,
transactions, amounts, HR information, health care records and sales/ profit information.
• Cristo Rey students receive training in managing and respecting confidential information.
• Certain companies make the students sign standard confidentiality agreements before they work on company
premises. CWSP staff discuss the elements of the agreements with the students and, where applicable, their families
to obtain the necessary signatures.
• Students working at the following companies signed confidentiality agreements in the 2010-11 school year (number of
students in parentheses).
Financial Services Professional Services Health Care Services
Bank of Tokyo Mitsubishi (4) Dewey & Leboeuf (5) Columbia University School of Medicine (5)
Citadel Group (3) Kelley Drye & Warren (3) Terence Cardinal Cooke Health Care Ctr. (8)
Credit Suisse (30) Kramer Levin (10)
Deutsche Bank (10) Sidley Austin (5)
ING (5) Skadden Arps (11)
J.P. Morgan & Co. (10) White & Case (10)
Sandler O’Neill & Partners (5) PricewaterhouseCoopers (5)
Deloitte Services (10)
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8. CWSP – How it works (Legal & Structural Considerations)
Legal Structure of CWSP Taxes
• Cristo Rey Corporate Work Study Program (CWSP) is a
corporation as defined in Section 102 of the New York • Payments from company to CWSP are
Not for Profit Corporation law deductible for tax purposes same as a contract
labor expense
CWSP is separate from Cristo Rey New York High
School • If a company pays CWSP to send a team of
students to work at a third non-profit entity, then
• CWSP is not endorsed by any religious order, its the paying company may claim a charitable tax
incorporators were not member of the clergy nor does credit
CWSP have a religious mission
U.S. DOL & NY Labor Regulations Insurance
• CWSP is a supervised work study program that has
been approved by United States Department of Labor • CWSP carries Workers Compensation Insurance on
(DOL) and the New York Commissioner of Labor student workers
• DOL approved CWSP in 2004 and again in 2010 • CWSP also carries liability coverage for itself
and the student workers
In NY
• 14 -15 year old student workers may be employed for • An overview of the CWSP insurance coverage is
up to 23 hours when enrolled in a supervised work available upon request
study program approved by the Commissioner.
• 16 – 17 year old student workers may be employed up
to 28 hours per week
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9. CWSP – Client Service Driven
How we Manage the Corporate Work Study Program
Students do the work, but professionals handle all logistics
• When you hire Students from Cristo Rey CWSP, you hire an experienced customer service team as well. CWSP
leaders get students to/ from their jobs, perform site visits and provide continuing supervision to ensure that clients
are getting the best value for their money spent
We train our workers to succeed
• Our students attend a business boot camp when they join Cristo Rey. The students learn the essentials for many
common office tasks. If a student does not have the skills you require, we can generally find one who does
We make sure the students are motivated
• Students know that their education depends on their ability to work and fund tuition. Throughout the year we teach
courses for the students to highlight the importance of courtesy, respect, initiative, reliability and attitude
Our students work in businesses; we run the Corporate Work Study Program
like a business
• We know that customer satisfaction is the key to long-standing client relationships. We do our best to ensure that the
companies that hire our students get excellent value for the money they spend on the program.
The corporate work study program is not a charity. Companies get real value for the money spent.
The school’s mission is not about free handouts nor simply helping the poor.
It’s about equipping our students to be successful in the future.
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10. Getting the Most from your Cristo Rey Job Team
Finding the Right Fit is Important
Successful job placements have six traits:
1. Recurring work
• Although routine office work is best, students can sometimes grow into helping out on non-routine, more
complex projects
2. Plan for the student workers.
• Many clients said that their Cristo Rey experience had improved over time as they got better at managing
the student workers
• The students can assist as an “extra set of hands” but thrive when they are given a defined set of tasks
3. Employee or group of employees establish a strong mentor relationship with the students
• “Buddy system”
• Employees should be prepared to get involved in the students’ life-stories (we will help you with this)
4. Grade and evaluate the students as high-performing high school students
5. If possible, make the students feel as though they are part of the larger company; consider sending them to
regular employee orientation
6. Establish clearly defined rules for behavior and expectations for performance at the start of the relationship
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