Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Student/Worker Increased Attainment of Industry- Relevant Education & Training Numbers completing course or training (within a defined CP) Numbers receiving industry- recognized credential Increased Employment or Advancement Percentage of individuals who get jobs in training-related field Wage gain (initial earnings, current earnings) Educational Progress Average quarterly educational level gains Average quarterly credit accumulation (within a defined CP) Discretionary Indicators Qtrly: Developmental/remedial education completions Qtrly: Short-term, for- credit training certificate completions Qtrly: College-level math or English completions Qtrly: College-level CP course completions Discretionary Indicators New training programs developed for target sector Existing programs/credentials improved Numbers receiving industry- recognized credential by type: HS diploma employability credential license/ certification/apprenticeship certificate associate’s degree transfer to 2 year/4 year college (along CP) other CP credential Discretionary Indicators Retention at 4 th quarter after exit quarter Rate of new hires advancing on career pathways
Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Employers Increased Availability of Skilled Workers Improved retention (reductions in turnover) Improved recruitment (reduced time to hire) Quality/satisfaction ratings from employers Discretionary Indicators Reductions in vacancy rates Reductions in turnover costs Reductions in costs of recruitment % of new hires from Colorado Career Pathways
Career Pathway Process Metrics Active Career Pathway Name of Career Pathway, Home Sector Partnership Is your Career Pathway actively enrolling students? Use of Career Pathway Number of students enrolled in a defined Career Pathway Depth of Career Pathway Number of defined on/off ramps, within/across pathways Breadth of Career Pathway List of connections among systems partners in education/training Measuring the Impact of Colorado Career Pathways Key Performance Indicators Relevance of Career Pathway Clearly defined jobs and advancement along Career Pathway Active Career Pathway Discretionary Indicators List of systems partners in education/training Current marketing materials for this specific CP Use of Career Pathway Discretionary Indicator Number of students enrolled in a defined Career Pathway vs. number of students in a "program of study“ only