One of the principal challenges facing the workforce investment system today is its ability to demonstrate cost effectiveness and impact evaluation to funders and elected officials.
EMSI, a firm with years of experience conducting economic benefit-cost analyses, has teamed up with NAWB and Full Capacity Marketing to produce a WIB Scorecard that will help the workforce investment system better understand its economic and workforce contribution.
Purpose of the Scorecard
- Measure the economic contribution of WIA-funded adult, dislocated worker, and youth programs
- Weigh benefits against costs to assess program effectiveness
- Calculate the impacts of the WIB’s services to employers
- Evaluate the impacts of the operations of the WIB itself, including its employees and program operators
- Establish a benchmark for future analysis
Intended audience for the Scorecard
- Individual workforce investment boards
- State workforce agencies
- One-Stop career centers
Uses of the Scorecard
- Achieve a third-party, data-driven evaluation of WIA program effectiveness
- Establish a set of metrics as a point of reference to measure the success of future programs and projects implemented at the WIB
- Provide objective reporting at state and local levels to increase accountability and improve the credibility of WIBs
- EMSI will facilitate data collection, modeling, and reporting that is consistent across all workforce investment boards.
- The Scorecard reporting framework is currently being vetted by a team of industry-leading labor market economists selected by NAWB.
- The Scorecard is based on rigorous economic research and methodology effective for analyzing both state and local areas.
For those applying for the US DOL ETA Workforce Innovation Fund Grant
EMSI’s WIB Scorecard provides a third-party evaluation of baseline benefits and costs of the WIB’s programs and services, and allows the WIB to establish a benchmark to determine if new projects and strategies implemented by the WIB have resulted in increased efficiency. Grant applicants can use the Scorecard to create a performance accountability framework, demonstrate cost effectiveness, and provide evidence of positive evaluation impacts.
For more information, please contact Jeff Perley (email@example.com).