, Workforce & Economic Mobility
Key Takeaway
With intentional design and an “investor” mentality, employers can deploy Talent Finance to unlock new talent pipelines, increase business efficiency, and create a more inclusive and equitable workforce system.
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Employers across the U.S.—from health care to advanced manufacturing to skilled trades—are struggling to fill critical job openings. This report illustrates how Talent Finance can help employers leverage investment capital to upskill individuals who may not otherwise have access to financing for training programs. With intentional design and an “investor” mentality, employers can deploy Talent Finance to unlock new talent pipelines, increase business efficiency, and create a more inclusive and equitable workforce system.
This arrangement is a no-brainer if within a year, you’ve got a productive technician. One of our techs will generate between $15-20K a month in gross profit. A $10K tuition bill for an employee who’s loyal—and who we can develop with our culture over the years—is definitely worth it.Bill Black, President and CEO, National Fleet Management (American Diesel Training Centers employer partner)
The research included in this report was made possible through funding by Walmart. The findings, conclusions and recommendations presented in this report are those of the authors alone, and do not necessarily reflect the opinions of Walmart.
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