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A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers...
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Transcript of A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS Cincinnati region is adding jobs But, 50% employers...
A GROWING SKILLS GAP IS HAMPERING OUR PROGRESS
Cincinnati region is adding jobs
But, 50% employers struggle to fill jobs
30,000+ jobs open today, despite 130,000+ people looking for work
PCW IS OUR REGION’S EFFORT TO CLOSE THE SKILLS GAPPartners for a Competitive Workforce is a tri-state partnership, managed by United WayWe are 150+ organizations joining efforts…> employers> workforce boards> chambers and economic development> education and training institutions> community organizations
… to go farther, faster.
Sector partnerships are closing the skills gap in key industries
HEALTH CARE ADVANCED MANUFACTURING
CONSTRUCTION
> identify industry skill needs
> align curriculum with industry demand
> upgrade skills through boot camps or apprenticeships
> develop career pathways
> identify industry credentials
> improve pre-screening, retention, and advancement practices
INFORMATION TECHNOLOGY
WE ARE DELIVERING RESULTS FOR WORKERS7,800+ trained
80% obtaining employment
73% retained for 12 months
Increased annual earnings by up to $7,500; $7.3M per year total
WE ARE DELIVERING RESULTS FOR EMPLOYERS
750+ employers served
Positive ROI through reduced
turnover and recruitment costs
$40M public/private
funds leveraged
National model
• Monetized benefits:– Increased retention provides up
to $69,000/year savings, 11.9% ROI
– Wage gains for employees: $18.95/hr vs. $16.15/hr
• Non-Monetized benefits:– Increased racial diversity: 8-12%
difference in team composition– Improved staff morale and
engagement
WE ARE DELIVERING RESULTS FOR EMPLOYERSHealth Careers Collaborative ROI
Studies
TALENT PIPELINE VISION
Every Student
Every Semester
From 4th-12th Grades
Career-based Learning Experience
Engaged and Prepared for Post-SecondaryEducation and Career Success
FOCUS AREA/STRATEGIC CHOICES• Data “deep dive” – identify local best practices and target
groups to be served to enable taking our work to scale – in order to meet Income Bold Goal
• Start the conversation about the impact of job quality on achieving economic self-sufficiency
• Expand the Talent Pipeline work
• Pilot the use of Design Thinking and 2-generation strategies to increase the number of women in manufacturing and the number of parents who encourage their children to pursue technical careers
For more info, see these case studies…
http://www.livingcities.org/knowledge/media/?id=153
http://www.livingcities.org/knowledge/media/?id=147
http://www.fsg.org/FSGNews/NewsEventsDetails/ArticleId/985/New-Collective-Impact-Resources-8-Case-Studies-of-Successful-Initiatives.aspx
THANK YOU!
Janice UrbanikExecutive DirectorPartners for a Competitive [email protected]