Asset Skills: Routes To Employment
The project will link the UK wide Department for Work and Pensions Work Programme with employment opportunities in cleaning, facilities management and parking together with a training intervention (funded through the Work Programme).
The programme will lead to sustained work or structured work experience that directly connects the supply of trained personnel with employment demand.
Return on Investment
- 300 candidates in four nations referred for development and work in the Asset Skills footprint providing employers with a new source of employees who are trained competent and have increasing employment skill
- Recruitment of 200 employable candidates from providers into work in Asset Skills’ footprint providing employers with a new source of employees who are trained and have employment skills
- Retention of 130 unemployed in the workforce who are trained, competent and with increasing employment skills who contribute to the company profitability as measured by GVA
- Recruitment of 30 ex-offenders into work in footprint saving public expenditure per candidate of £44,000 per annum
- Establishment of Social Enterprise Company for placement of unemployed into work saving benefits contributions, increasing skills and contribution to company profitability.
Baker Tilly undertook a social return on investment (SROI) project evaluation for Asset Skills in 2011. The project outcome was the placement of 50 ex -offenders into work with a return on investment calculated at £2 million. It is expected that the social return on investment for this project would produce an outcome significantly in excess of this figure.
UK Commission investment: £333,618
Employer/Other Investment: £0
Employer/Other in-kind investment: £87,000
Further Information
For more information about this project please contact:
Website: http://www.assetskills.org/
Contact details: http://www.assetskills.org/contactus
