ERIC Number: ED430083
Record Type: Non-Journal
Publication Date: 1999
Reference Count: N/A
Intuitions Confirmed. The Bottom-Line Return on School-to-Work Investment for Students and Employers.
National Employer Leadership Council, Washington, DC.
Real, quantifiable evidence shows that school-to-work (STW) programs yield two important benefits: positive academic results for students and positive business results for employers. Preliminary research indicates that workplace learning leads to higher academic achievement; reduced dropout rates; better attendance; better college preparation; and better results for African Americans. STW programs produce high-achieving, well-educated, dependable, motivated students who are more likely to become professionals that employers need to meet business challenges. The National Employer Leadership Council has worked with a voluntary group of eight companies to develop a way to define the aspects of return on investment and measure success. The companies have participated in STW programs that focused on contextual learning designed to raise academic achievement. Each company has created and implemented a formal STW program collected data on costs and benefits and gathered experiences and outcomes to share with the public. The companies have achieved these quantifiable benefits: higher productivity of STW program graduates; reduced recruitment costs; reduced training and supervision costs; and productivity of students. Other benefits that did not show up in hard numbers are as follows: improved employee productivity and morale; favorable publicity; increased diversity; clearer focus; and stronger system for developing skilled workers. (An appendix provides information on how the study quantified benefits.) (YLB)
Publication Type: Information Analyses
Education Level: N/A
Sponsor: National Alliance of Business, Inc., Washington, DC.; National School-to-Work Opportunities Office, Washington, DC.
Authoring Institution: National Employer Leadership Council, Washington, DC.