Measuring the Impact of Colorado Career Pathways Key Performance Indicators Impact on Student/Worker Increased Attainment of Industry- Relevant Education.

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Presentation transcript:

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