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Investing in What Works: “Pay for Success” in New York State

Results-Based Funding

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This paper presents an overview of New York State’s Pay for Success (PFS) project to increase employment and recidivism in partnership with the Center for Employment Opportunities (CEO) and Social Finance. This document includes the rationale for choosing the PFS model for this project, the CEO’s program and evidence of its effectiveness, and project metrics and evaluation.

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An Introduction to Pay For Success
Banner showing Pay for Success

An Introduction to Pay For Success

Pay for Success is a set of innovative outcomes-based financing and funding tools that directly and measurably improve lives by driving resources toward results. Watch this video overview.

Social Finance