Are the days of hordes of young people enrolling in qualifications that employers don’t want and ending up unemployed numbered? Government agencies and tertiary education organisations are being pushed to provide employment and income information for graduates of tertiary education. This information was previously unreported or confined to technical research papers and the push for it to be made available to the public is laudable for a variety of reasons.
The OECD argues that skills have become the global currency of the 21st century. Without the proper investment in skills, people languish on the margins of society.
Investment in skills can be measured by enrolments in education and training, the attainment of qualifications, and the stepping up through different qualification levels. However, skills are broader than those that you learn for a job or occupation, and the outcomes of education impact on more than just economic well-being.
BERL can work with you to identify the outcomes of students undertaking study at your institution, the return on investment trainees, apprentices or employers receive through industry training, or how the data and information you have or want can assist with strategic planning and investment decisions.
We can help you to determine where to allocate your resources. We can provide economic analysis using multiplier or benefit cost analysis, and we have databases and economic modelling tools that can assist you with evaluation and monitoring activities.
If you wish to find out more, we are more than happy to talk to you.