Workforce Realigned Episode 5: Title Slide

Insights

Workforce Realigned Podcast, Episode 5: Accelerating Economic Mobility

Tracy Palandjian, Lisa Lewin, and Tim Spurlock

From the Social Finance Institute

The Social Finance Institute, Workforce & Economic Mobility, Education, Career Impact Bonds

Key Takeaway

“In a traditional education and training system, the financial burden is completely borne by the individual, by the worker, whether or not the schooling or the training program delivers outcomes for them. The Career Impact Bond is basically building off of the income share agreement principle, but instead of just looking at the income share agreement as just another consumer finance option, the Career Impact Bond is actually built as a tool for impact.” —Tracy Palandjian, CEO and Co-Founder, Social Finance

In this podcast episode, Social Finance CEO Tracy Palandjian, General Assembly CEO Lisa Lewin, and American Diesel Training Centers CEO Tim Spurlock discuss closing the skills gap and rethinking the way we finance worker training and education to build a more inclusive future of work.

Listen to the Episode

We tried everything...things really didn't catalyze until we began working with Social Finance and using the Career Impact Bond. It's been a complete revolutionizer and game changer.

Tim Spurlock

CEO and Co-Founder, American Diesel Training Centers

Tim Spurlock headshot

The Workforce Realigned podcast offers innovative ideas about how to reboot economic mobility in America. It is part of a larger book, event, and action group series called Workforce Realigned, presented by Social Finance and the Federal Reserve Banks of Atlanta and Philadelphia.

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