a growing skills gap is hampering our progress
DESCRIPTION
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 GAP. - PowerPoint PPT PresentationTRANSCRIPT
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A GROWING SKILLS GAP IS HAMPERING OUR PROGRESSCincinnati region is adding jobs
But, 50% employers struggle to fill jobs
30,000+ jobs open today, despite 130,000+ people looking for work
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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.
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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
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WE ARE DELIVERING RESULTS FOR WORKERS7,800+ trained80% obtaining employment 73% retained for 12 monthsIncreased annual earnings by up to $7,500; $7.3M per year total
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WE ARE DELIVERING RESULTS FOR EMPLOYERS
750+ employers served
Positive ROI through reduced
turnover and recruitment costs
$40M public/private
funds leveragedNational model
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• 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
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TALENT PIPELINE VISIONEvery Student
Every Semester
From 4th-12th Grades
Career-based Learning Experience
Engaged and Prepared for Post-SecondaryEducation and Career Success
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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
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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