measuring the impact of colorado career pathways key performance indicators impact on student/worker...

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Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Student/Worker Increased Attainment of Industry-Relevant Education & Training Numbers completing course or training (within a defined CP) Numbers receiving industry-recognized credential Increased Employment or Advancement Percentage of individuals who get jobs in training-related field Wage gain (initial earnings, current earnings) Educational Progress Average quarterly educational level gains Average quarterly credit accumulation (within a defined CP) Discretionary Indicators Qtrly: Developmental/remed ial education completions Qtrly: Short-term, for-credit training certificate completions Qtrly: College- level math or English completions Discretionary Indicators New training programs developed for target sector Existing programs/credentials improved Numbers receiving industry-recognized credential by type: HS diploma employability credential license/ certification/apprentic eship certificate associate’s degree Discretionary Indicators Retention at 4 th quarter after exit quarter Rate of new hires advancing on career pathways

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Career Pathway Process Metrics Active Career Pathway  Name of Career Pathway, Home Sector Partnership  Is your Career Pathway actively enrolling students? Use of Career Pathway  Number of students enrolled in a defined Career Pathway Depth of Career Pathway  Number of defined on/off ramps, within/across pathways Breadth of Career Pathway  List of connections among systems partners in education/training Measuring the Impact of Colorado Career Pathways Key Performance Indicators Relevance of Career Pathway  Clearly defined jobs and advancement along Career Pathway Active Career Pathway Discretionary Indicators  List of systems partners in education/training  Current marketing materials for this specific CP Use of Career Pathway Discretionary Indicator  Number of students enrolled in a defined Career Pathway vs. number of students in a "program of study“ only

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Page 1: Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Student/Worker Increased Attainment of Industry- Relevant Education

Measuring the Impact of Colorado Career PathwaysKey Performance Indicators

Impact on Student/Worker

Increased Attainment of Industry-Relevant Education & Training

Numbers completing course or training (within a defined CP)Numbers receiving industry-recognized credential

Increased Employment or Advancement

Percentage of individuals who get jobs in training-related fieldWage gain (initial earnings, current earnings)

Educational ProgressAverage quarterly educational level gainsAverage quarterly credit accumulation (within a defined CP)

Discretionary IndicatorsQtrly: Developmental/remedial education completionsQtrly: Short-term, for-credit training certificate completionsQtrly: College-level math or English completionsQtrly: College-level CP course completions

Discretionary IndicatorsNew training programs developed for target sectorExisting programs/credentials improvedNumbers receiving industry-recognized credential by type: HS diploma employability credential license/ certification/apprenticeship certificate associate’s degree transfer to 2 year/4 year college (along CP) other CP credential

Discretionary IndicatorsRetention at 4th quarter after exit quarterRate of new hires advancing on career pathways

Page 2: Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Student/Worker Increased Attainment of Industry- Relevant Education

Measuring the Impact of Colorado Career PathwaysKey Performance Indicators

Impact on Employers

Increased Availability of Skilled Workers

Improved retention (reductions in turnover)Improved recruitment (reduced time to hire)Quality/satisfaction ratings from employers

Discretionary IndicatorsReductions in vacancy ratesReductions in turnover costsReductions in costs of recruitment% of new hires from Colorado Career Pathways

Page 3: Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Student/Worker Increased Attainment of Industry- Relevant Education

Career Pathway Process Metrics

Active Career PathwayName of Career Pathway, Home Sector PartnershipIs your Career Pathway actively enrolling students?

Use of Career PathwayNumber of students enrolled in a defined Career Pathway

Depth of Career PathwayNumber of defined on/off ramps, within/across pathways

Breadth of Career PathwayList of connections among systems partners in education/training

Measuring the Impact of Colorado Career PathwaysKey Performance Indicators

Relevance of Career PathwayClearly defined jobs and advancement along Career Pathway

Active Career Pathway Discretionary Indicators

List of systems partners in education/trainingCurrent marketing materials for this specific CPUse of Career Pathway Discretionary IndicatorNumber of students enrolled in a defined Career Pathway vs. number of students in a "program of study“ only