
Career Impact Bonds Transfer Risks to Investors as the Future of Work Arrives
From the Social Finance Institute
From the Social Finance Institute
The Social Finance Institute, Workforce & Economic Mobility, Education, Career Impact Bonds
The future of work is here. To adjust, millions of people in the U.S. and around the world will need retraining, certifications and other support to reskill themselves for the many jobs for which demand still exceeds the supply of trained workers.
In an interview on ImpactAlpha’s Returns on Investment podcast, Social Finance CEO, Tracy Palandjian, discussed Social Finance’s latest innovation: Career Impact Bonds. The podcast highlights how Career Impact Bonds transfer career-transition risk from students to investors. The conversation also touches on how Career Impact Bonds extend the idea of traditional income-share agreements to include additional educational programs and wraparound support services.
In this podcast episode from 3 Takeaways, Social Finance CEO Tracy Palandjian talks about impact investing, Pay for Success tools, and expanding access to quality, industry-recognized career training for people who face barriers to education…
This essay by Tracy Palandjian discusses a new approach to financing postsecondary education and training isn’t working: the Career Impact Bond.