CareerEdge Evaluation Reveals Record Workforce Investment

Business

In 2017, CareerEdge saw the largest workforce development investment by employers in its history for employee trainings and programs. CareerEdge invested over $320,000 in incumbent worker, job seeker and internship training programs, while organizations financed almost $1,300,000. This increase illustrates a major cultural shift by these companies and their acknowledgment of the need to fill skills-gaps by training and supporting credential attainment in the workplace. These findings can be seen in the 2017 CareerEdge Evaluator Report, which was completed by a third-party evaluator, Shelley Robertson of Robertson Consulting Group Inc., to share with funders, workforce partners and the community. A noteworthy component in the report are the raises and career-laddering opportunities that employers are giving to their staff members after they complete their trainings. This past year, 404 employees were trained through CareerEdge incumbent worker training grants, of which 39% had participated in prior trainings. On average, individuals earned an 8% wage increase within two years of training, and 195 received promotions. The evaluator also highlighted some transformations within CareerEdge programs, such as a shift to serving the young adult sector.  This was seen in the development of a pilot program called Career Quest, which focuses on connecting low income high school juniors to career exploration opportunities and an introduction to savings and financial management. The organization will also be bringing these techniques and practices to a new partnership with the Greater Sarasota Chamber of Commerce in June 2018.

CareerEdge Evaluator Report

« View The Wednesday Apr 25, 2018 SRQ Daily Edition
« Back To SRQ Daily Archive

Read More

S-One Celebrates 30 Years of Making Waves

S-One Celebrates 30 Years of Making Waves

Nov 11, 2024

Pura Vida Miami Expands to Florida's West Coast with First Location in Sarasota

Pura Vida Miami Expands to Florida's West Coast with First Location in Sarasota

Oct 14, 2024

Your Partner in Financial Peace of Mind

Your Partner in Financial Peace of Mind

Oct 11, 2024

Building a Business Both Over and Under Water

Building a Business Both Over and Under Water

Solymar Estrella | Oct 7, 2024