Workforce Impact Fund A proactive investment

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Description: Workforce Impact Fund A proactive investment impacting lives, the economy and communities across Washington state Washington Workforce Toolkit 1 William Westmoreland Chief Executive Officer, Pacific Mountain WDC Washington Workforce Toolkit

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slide1. Workforce Impact Fund A proactive investment impacting lives, the economy and communities across Washington state Washington Workforce Toolkit 1<br>
slide2. William Westmoreland Chief Executive Officer, Pacific Mountain WDC Washington Workforce Toolkit 2<br>
slide3. WORKFORCE IMPACT FUND

A $50 million annual state investment in a Workforce Impact Fund would give Local Boards adaptable funding to build on their success in employer engagement and job seeker training and placement that meets the workforce needs of today and tomorrow.
The investment would:
Grow the robust employer engagement efforts in each region.
Serve job seekers, matching them to the many partner agencies to upskill and train them for the good-paying careers in their communities.
Proactively engage more job seekers and employers to help them weather the economic ups and downs. IMPACTING OPPORTUNITY WORKFORCE IMPACT FUND<br>
slide4. Local Boards partner with organizations that work toward removing barriers and that work with… the local business community, the food industry, state agencies, schools, universities, and other various organizations to help job seekers find jobs and get training, help business fill positions and increase retentions, and help build a strong workforce. Workforce development requires participation from a variety of groups, including, but not limited to, business, economic development, education, labor, government, nonprofit and community organizations. IMPACTING PARTNERSHIPS WORKFORCE IMPACT FUND<br>
slide5. Local Workforce Development Boards serve
employers and job seekers and are an integral part
of a vibrant and resilient local economic ecosystem. IMPACTING LOCAL
ECONOMIES WORKFORCE IMPACT FUND<br>
slide6. Miriam Halliday Chief Executive Officer Workforce Southwest Washington Washington Workforce Toolkit 6<br>
slide7. On the heels of the pandemic and in a time of economic
uncertainty, the need is growing. Local Boards impact lives, serving diverse clients into good-paying jobs with the goal of
long-term economic security. IMPACTING LIVES In 2021, Local Boards served over 26,117 in the
following priority populations (from PIRL report):
9,799 BIPOC
5,761 Low Income
5,018 Older Workers
2,200 Ex-Offenders
2,901 English Language Learners
1,175 Homeless
19,462 Unemployed By leveraging a local network of partners, Local Boards served:
Adults, youth and dislocated workers’ support (cradle to career support)
Special needs populations
Equity focused populations
Comprehensive services to help job seekers connect to a career pathway that leads to self-sufficiency WORKFORCE IMPACT FUND<br>
slide8. Career pathways and career exploration through a self-sufficiency calculator and financial coaching support to understand income needs and the current job market and skills needed to meet those needs.
Career development plans customized to individual worker’s needs and funding to address barriers to workforce reentry, such as access to support services for basic needs, housing, and childcare.
Job matching for transactional employment needs through an understanding of the local market and self-directed services to quickly return to work.
Intensive services to address barriers to workforce reentry, such as connection to support funding and community-based organizations to assist with remediation, connectivity to education services at our community college system for basic education and English proficiency services.
Skill development funding and connection to post-secondary education and training services, enhancing soft skills to improve job readiness, and retention services that assist with barriers as they arise during employment to prevent job loss. IMPACTING SUCCESS Local Boards, the boots on the ground in every region across Washington state,
help job seekers obtain support services, access training and certification, and
make connections to vital partners that offer a range of resources including: WORKFORCE IMPACT FUND<br>
slide9. Mark Mattke Chief Executive Officer, Spokane Workforce Council Washington Workforce Toolkit 9<br>
slide10. IMPACT WITH ACCOUNTABILITY Local Boards are focused on performance and accountability related to the funding and provide oversight of the WorkSource System and its network of partners.
Local Boards operate within a highly regulated, monitored, and audited system overseen by state and federal funding authorities.
Failure to meet performance outcomes can lead to reduced funding for the Local Board.
Chief elected officials are accountable for fiscal and administrative integrity. WORKFORCE IMPACT FUND 10 Local Boards understand accountability and the importance of meeting outcome expectations.<br>
slide11. IMPACT WITH ACCOUNTABILITY As part of this oversight, Local Boards will:
Create a measurement dashboard to account for the additional funds and the impact the investment made in each region, measuring employers served, job seekers and employer training opportunity placements, and job seekers placed in jobs.
Account for local allocations and will achieve the outcomes related to their allocation.
Develop local plans to achieve outcomes, working in a transparent manner collectively developing goals with the full system of partners.
Establish public facing (Local Board websites) dashboards with all reportable outcomes, updated quarterly and reported to WTECB.
Progress toward meeting key targets, such as employment outcomes, employer engagement across sectors, wage information, skills and educational attainment and reaching underserved communities. WORKFORCE IMPACT FUND 11 The establishment of the Workforce Impact Fund would leverage existing agency infrastructure and empower the State Workforce Training & Education Coordinating Board to set state-level outcomes.<br>
slide12. QUESTIONS? Washington Workforce Toolkit 12<br>