John Hancock, the South Boston-based insurer, boosted the number of teen jobs it supported this year partly by requiring employees to raise money for teen jobs if they wanted a Boston Marathon number.
John Hancock Financial Services said it nearly tripled the number of summer jobs that the insurer supported this year in Boston, partly by requiring employees to raise money for the program to obtain a Boston Marathon entry.
The South Boston company reported on Monday that it provided financial support for about 575 teen jobs throughout Boston this summer, up from 200 Hancock-funded jobs last summer. That turnout cemented John Hancock’s position as the largest corporate provider of summer jobs in the city.
About 500 of the jobs were paid for directly by the company, while the rest were funded by employees who raised money to gain an entry in the Boston Marathon, said Carol Fulp, John Hancock’s vice president of community relations.
“It’s a winning formula, and we’re certainly going to continue it into the future with even higher goals,” Fulp said.
As a major sponsor of the race, John Hancock typically gets a certain amount of race numbers that it can distribute to employees who haven’t run a fast enough time to qualify for the marathon. Last year, the company required employees to raise money for one of several charities to be eligible for the number. This year, the company required runners to raise at least $1,000 for just one charity: a summer jobs program for Boston teens.
Canadian employees for John Hancock’s parent company, Toronto’s Manulife Financial Corp., were also given access to race numbers, but they raised money for Habitat for Humanity.
A John Hancock spokeswoman said 96 John Hancock and Manulife employees participated in the marathon program this year, compared with 94 in 2007. Together, they raised $134,000, compared with $130,000 a year ago when the money was distributed among several charities.
The employee donations contributed to the $3.3 million that John Hancock raised this year through its broader marathon-related fundraising program. Nearly 800 runners in this year’s marathon raised funds for more than 50 local charities. John Hancock provides race entry numbers to runners who raise at least $3,000 for a participating charity.
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