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Provide Incentives for Employer-Driven Models

It's time to encourage more companies to invest in advancing incumbent workers’ skills through work-based learning, access to career pathways, and opportunities to earn college credit.

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It’s time to encourage more companies to invest in advancing incumbent workers’ skills through work-based learning, access to career pathways, and opportunities to earn college credit. The companies involved with Jobs to Careers and the National Fund for Workforce Solutions, two national career development initiatives, have reaped major payoffs from investing in their employees’ career development, including reduced staff turnover, fewer vacancies, higher quality of service, and greater company loyalty.

What’s more, the community often sees companies that invest in career development as “companies of choice.” Stanley Street Treatment and Resources, a provider of mental health, primary health, and substance abuse treatment services in Massachusetts and Rhode Island,
is one Jobs to Careers project that benefited from its investment in employee career development. SSTAR has increased professionalism and higher effectiveness among staff, which in turn makes the nonprofit agency more competitive and increases its overall profit margin. The company also lowered its lower recruitment costs and improved employee retention.

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