Welcome to our WCTF Blog series: Achieving Impactful Outcomes: Observations from WCTF. I’m excited to introduce you to our upcoming blog series created specifically for you: our colleagues and partners in workforce development working to support businesses and workers in Massachusetts to create a stronger economy. This is blog number 1 of 4 that will be shared over the next month and a half.
At CommCorp, we’re in the skills-building business. Across the Commonwealth, we design and execute workforce programs in partnership with businesses, educators, training providers and the workforce system. In this series, we are going to focus on key takeaways from our management of the Workforce Competitiveness Trust Fund (WCTF). The Massachusetts Legislature established the WCTF in 2006 to support sector partnerships that lead to employment outcomes. More than ten years later, the WCTF continues to invest in demand-driven programs designed by industry sector partnerships that train and place unemployed and underemployed workers. Since 2006, we’ve learned a lot. We carefully review each partnership we fund; acknowledging and learning from any challenges we and our partners come across. Recently, we completed a round of WCTF funding called Abordando a lacuna de habilidades intermediárias. This round of funding was designed to address the gap between skills held by workers and the skills needed by employers for jobs that require more than a high school diploma but less than the equivalent of a 4-year degree. The partnerships funded between 2013 and 2016 demonstrated impressive outcomes:- 903 candidatos a emprego foram inscritos e 817 (90%) completaram a formação;
- 670 pessoas foram colocadas em empregos em 447 empresas; isto é 82% de graduados e 74% de participantes, em comparação com um matrícula nacional para colocação taxa de 56% para programas semelhantes; e,
- 83% of workers placed were retained for at least 6 months as compared to a national average of 64%, and earned an average of $15.02 per hour.
- We know that it is essential to use data to drive our decision-making;
- We’ve honed in on the essential elements required to design a strong program; and
- We’ve learned the key factors vital to building a strong partnership