Growing Jobs & Supporting California BusinessesRelevancy – Return – Recovery
2012 Outlook Top 10 Business ChallengesAchieving customer loyaltyManaging supply chain risks and rising commodity costsManaging increasingly complex privacy and information security issuesManaging regulatory changeAttracting, retaining and developing top talentImproving business performance to enhance and sustain competitivenessAdjusting to changing geopolitical dynamicsCapitalizing on the pick-up in mergers and acquisitions and realizing valueImproving information for decision-making by focusing on data management and analyticsIncreasing the focus on enterprise risk management (ERM) as risk profiles changeThe 2012 Outlook for Non-Financial Services CompaniesProtivitihttp://www.protiviti.com/2012TopChallenges
Economic StressEmployees Must: Employers Must:Possess the right Find creative waysknowledge and skills to keep talentfor various tasks Do more with lessJuggle multipleresponsibilities Grow and compete in spite of economicContribute directly to uncertaintycompany’sbottom line
EWD - - The SolutionThe California Community Colleges Economic and WorkforceDevelopment program (EWD) invests in the skills of California’sworkforce – now and in the future – through highly specialized industrytraining, technical consulting and business development.The end result is the ability for businesses to better understand thetrends and labor market pertaining to their industry, and makeinformed decisions about how to grow and compete.
EWD: The Community College System’s Industry ExpertsAdvanced ManufacturingAdvanced Transportation Technology & EnergyBiotechnologyBusiness & EntrepreneurshipEnvironmental, Health, Safety & Homeland SecurityHealth CareInternational TradeInteractive Internet & Mobile ApplicationsWorkplace Skills and Education
Track Record – Innovation & QualityEWD preserves jobs and creates new ones by training workers to meetbusiness needs in days, not months.From 2002 to 2009, EWD programs annually assisted an average of41,000 businesses, 107,000 students and trainees, and placed 4,300individuals in jobs.
EWD Results….High Taxpayer ROIThe Chancellor’s Office contracted with TimeStructures, Inc. (TSI) to conduct anindependent economic impact analysis ofthe EWD programs and services, by usingCalifornia Employment DevelopmentDepartment data to compare workers thatreceived training to those that didn’t in similaroccupations, and by following the hiringtrends of businesses that received assistancefrom EWD.
Analysis Fast FactsEWD Increases Worker Income Potential:Approximately 3,400 trained workers’ wages were compared over a three year period usingthe California Employment Development Department database with the wages of workerssimilarly employed, but without training.The average trained worker earned an additional $6,000 over the next three years— a$2,000 increase in annual salary.
Analysis Fast FactsEWD Improves the Demand for Workers:In a study of 2,244 private businesses utilizing EWD business assistance programs, it wasfound that, compared to similar businesses not receiving such help, each assisted businesshired an average of 1.4 more workers for a total of 3,152 jobs created.
Analysis Fast FactsNo Cost to California TaxpayersEWD business assistance programs generated an even more immediate return to the state— for everystate dollar spent on business training, two dollars in state and local revenues were generatedover the next two years, more than covering program cost.Workers benefit directly from higher employment and wages generated by EWD programs.Community businesses and residents benefit too from the spending of the additional income earned byprogram enrollees. And, significantly, these benefits are achieved at no cost to the state’s taxpayers.
RelevancyImproving educational attainmentbenefits our state throughincreased tax revenues and thesocial and economic mobilitythat accompanies higher levelsof education and workplaceskills.
ReturnAt a time when every dollar counts, EWD functions as ano cost program to provide taxpayers with a highreturn on investment.
Recovery Our programs ensure that all Californians, including our current high rates of displaced workers, have access to education that can retool their skills and prepare them for market demands.
Funding the EWD program is a smart investment forCalifornia’s economic growth – now and in the future.
Need more facts on how yourinvestments are working to create and retain jobs and support California businesses? Go to:www.InvestmentsThatCount.org Sign up for our eNewsletter GROW California at www.CCCEWD.net