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Full-Text Articles in Social and Behavioral Sciences
Return On Investment In Workforce Development Programs, Kevin M. Hollenbeck
Return On Investment In Workforce Development Programs, Kevin M. Hollenbeck
Upjohn Institute Working Papers
Under more and more fiscal scrutiny because of shrinking state and local budgets, workforce development programs are being asked to estimate their return on investment (ROI). This paper introduces basic concepts of ROI in workforce development programs. It distinguishes ROIs estimated for workforce programs from those that are estimated for financial investments or capital projects. The paper furthermore exposits the basic ingredients of an ROI study—identification of the treatment and time periods of analysis, identification of the net impacts of the program, and identification of net costs. Finally, the paper presents results from the estimation of the ROI for postsecondary …
Talent 2025 Update Brief: Regional Workforce Demand And System Flows, George A. Erickcek, Brian Pittelko, Bridget F. Timmeney, Brad R. Watts
Talent 2025 Update Brief: Regional Workforce Demand And System Flows, George A. Erickcek, Brian Pittelko, Bridget F. Timmeney, Brad R. Watts
Reports
No abstract provided.
Resolving America's Human Capital Paradox: A Jobs Compact For The Future, Thomas A. Kochan
Resolving America's Human Capital Paradox: A Jobs Compact For The Future, Thomas A. Kochan
Upjohn Institute Policy Papers
It is widely recognized that human capital is essential to sustaining a competitive economy at high and rising living standards. Yet acceptance of persistent high unemployment, stagnant wages, and other indicators of declining job quality suggests that policymakers and employers undervalue human capital. This paper traces the root cause of this apparent paradox to the primacy afforded shareholder value over human resource considerations in American firms and the longstanding gridlock over employment policy. I suggest that a new jobs compact will be needed to close the deficit in jobs lost in the recent recession and to achieve sustained real wage …
America's Human Capital Paradox, Thomas A. Kochan
America's Human Capital Paradox, Thomas A. Kochan
Upjohn Institute Working Papers
It is widely recognized that human capital is essential to sustaining a competitive economy at high and rising living standards. Yet acceptance of persistent high unemployment, stagnant wages, and other indicators of declining job quality suggests that policymakers and employers undervalue human capital. This paper traces the root cause of this apparent paradox to the primacy afforded shareholder value over human resource considerations in American firms and the longstanding gridlock over employment policy. I suggest that a new jobs compact will be needed to close the deficit in jobs lost in the recent recession and to achieve sustained real wage …