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One community’s collective approach to promote financial stability and job retention for lower- wage employees Lisa Falcone, Working Bridges Project Director Prepared for WFSN in Detroit, MI 11/8/13 Copyright United Way of Chittenden County

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Page 1: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

One community’s collective approach to promote financial stability and job retention for lower-wage employees

Lisa Falcone, Working Bridges Project Director

Prepared for WFSN in Detroit, MI

11/8/13

Copyright United Way of Chittenden County

Page 2: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

City of BurlingtonVermont’s largest city Population: 40,000

Photo by Stephen Mease

Page 3: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

Employee experiences barrier(s) to work

Unable to connect with resources

Job performance declines

Absence and turnover

Our Emerging Model

How Life Happens:Before Working Bridges

Copyright United Way of Chittenden County

Page 4: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

What is Working Bridges?

• A public-private, multi-sector, employer collaborative convened and managed by United Way of Chittenden County

• Focus: On business solutions—job retention and decreased absenteeism

• Strategies: Shared resources to minimize employment barriers and improve financial stability of lower-wage earners

• Employers are the innovators and testers of key strategies

Copyright United Way of Chittenden County

Page 5: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

Scope of Working Bridges • Training for employers about economic class

• Employer Workgroup (ERN)

Changing policies and practices

• Shared On-site Resource Coordinator

• Key Strategies at workplaces

• Employee Loan/Saving Program• On-site Financial Literacy Workshops and

Coaching • On-site GED, ELL Classes • Mobile Volunteer Tax Preparation/EITC program

• Evaluation—measure retention and productivity (RBA)Copyright United Way of Chittenden County

Page 6: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

Results: Results: The Triple Lens

• Accessing resources • Retaining jobs• Improving financial stability • Standard practice – privacy and dignity

• Low cost, highly valued employee benefit• Changing policies and practices• Retaining workers, saving turnover costs

• Understanding poverty and its impact• Benefitting from collective response• Stronger employers• More stable family incomes, local spending

Copyright United Way of Chittenden County

• Employees

• Employers

• Community

Page 7: One community’s collective approach to promote financial stability and job retention for lower-wage employees Lisa Falcone, Working Bridges Project Director

WORKING BRIDGES AT RHINO FOODS

WORKINGBRIDGES.ORG

WORKING BRIDGES ON PBS

WB PRESCRIPTION FOR SAVINGS

CONTACT: LISA FALCONE, 802-861-7825VISIT: UNITEDWAYCC.ORG

More About Working Bridges

Copyright United Way of Chittenden County