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Subsequent Renewal of Individual Training Account Programs Quarterly Board Meeting 7/26/11 Gwen Jones. Subsequent Renewal of Individual Training Account Providers ITA Providers. ITA providers are listed at https://joblink.delaware.gov/ada/default.cfm ?
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Subsequent Renewal of Individual Training Account Programs Quarterly Board Meeting 7/26/11 Gwen Jones
Subsequent Renewal of Individual Training Account ProvidersITA Providers • ITA providers are listed at https://joblink.delaware.gov/ada/default.cfm? Under Training Providers • Annual Renewal Process for new Program Year July 1, 2011 through June 30, 2012 • Challenge – To use data to evaluate the performance and to help determine what programs should be renewed • Data – Labor market data, participant data, UI wage data • Return on Investment for those programs that have resulted in enrollees entering employment, resulting in wages
Labor Market Data Job Title2008-2010ChangeGrowthReplaceOpeningsWage Registered Nurses 9440-9748 308 154 135 289 32.43 Nursing Aides 5415-5496 81 41 45 86 13.51 - Orderlies/Attendants Amusement/Recreational 659-700 41 21 26 47 8.48 Attendants Child Care Workers 2256-2350 94 47 74 121 9.01 Elementary School 4673-4708 35 18 96 114 10.73 - Teachers Business,General 1785-1800 15 8 22 30 28.98 Medical Assist/Sec. 2501-2558 57 29 28 57 14.18 Food Prep 7479-7484 5 3 128 131 8.00
Performance Data (Participant and UI Wage Data) Exits > 3Entered Participants Employed Employment Earnings ProgramEnrolled1st QtrRate1st Qtr1st Qtr Nursing Aides - Orderlies/Attendants 31 29 94% $3,384 Amusements/Recreation 16 15 94% $9,377 Business,General 6 6 100% $4,973 Note: Required Performance Entered Employment 66% (80% of negotiated measure 82%) Average Wage $4,850 (50% of negotiated measure $9,700)
Return On Investment Entered Employment Rate x Earnings = ROI Tuition Nursing Aides/Orderlies 94% x $3,384 = $1.291 $2,463 Board,Card,Games,Attendants 94% x $9,377 = 6.891 $1,279 Business,General 100% x $4,973 = 1.243 $4,000