Return-on-Investment (ROI) Estimates for Workforce Services in Texas, State Fiscal Year 2000-2001: Composite Workforce Development Board
Researcher(s):Christopher T. King, Dan O’Shea, Sarah E. Looney, C. Andrew Redman and W. Lee Holcombe
Date: April 2003
Publication Type: Full Report (PDF); Executive Summary (PDF)
Abstract: This report outlines the approach used to estimate returns on investment (ROI) for workforce services delivered in 18 of the 28 local workforce areas in Texas. It also presents ROI estimates for the Composite Workforce Development Board, one that illustrates the “average” experience of the participating boards. The Workforce Leadership of Texas, the statewide association of workforce board chairs and directors, initiated this ROI effort—the first to attempt estimation of ROI across many of the important workforce funding streams—contracting with researchers at the University of Texas at Austin’s Ray Marshall Center to develop these estimates. This ROI project builds upon an earlier phase of the project that developed and recommended systemic outcome measures for Texas workforce services (Workforce Leadership of Texas, 2001).
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