Literacy and Essential Skills in the Workplace: Social Dimensions of Returns to Training

Summary

David Gyarmati provides an overview of several important types of social impacts that should be considered when evaluating skills training and adult learning initiatives. In reviewing two of SRDC’s ground-breaking demonstration projects, Mr. Gyarmati illustrates not only the most effective ways to measure social impacts but how to monetize these effects as part of a study of a cost-benefit analysis and study of social returns. Several innovative methods for monetizing both tangible and intangible social impacts are covered.

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