Community Commitment to Workforce Development

SCOOP

BY SRQ DAILY SATURDAY PERSPECTIVES EDITION SATURDAY APR 28, 2018

As part of its employer partnership model, CareerEdge provides incumbent worker training grants for its employer partners.  The companies are also encouraged to leverage these funds and put forth their own dollars to up-skill their workers.  In 2017, CareerEdge saw the largest workforce development investment by employers in its history for employee trainings and programs. CareerEdge invested over $320,000 in incumbent worker, job seeker and internship training programs, while organizations financed almost $1,300,000. This increase illustrates a major cultural shift by these companies and their acknowledgment of the need to fill skills-gaps by training and supporting credential attainment in the workplace. This past year, 404 employees were trained through CareerEdge incumbent worker training grants, of which 39% had participated in prior trainings. Meaning that individuals are not remaining stagnant after training but are continuing to move-up and gain skills within the company.  On average, individuals earned an 8% wage increase within two years of training, and 195 received promotions.   

CareerEdge

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