Pathway to Productivity: Using Pay-for-Performance to Facilitate SME Investment in Human Capital - SRDC

Pathway to Productivity: Using Pay-for-Performance to Facilitate SME Investment in Human Capital

This initiative is testing the effectiveness of a Pay-for-Performance (PFP) funding model in encouraging small and medium-sized enterprises (SMEs) to increase their investment in employee training across various industries. We are exploring the potential of PFP to promote more intentional employer planning and support of training activities, and more generally to build a culture of continuous learning within SMEs. Furthermore, we are seeking to understand how the PFP model previously implemented with our partners Excellence in Manufacturing Consortium (EMC) can be adapted cross-sectorally, leveraging the existing expertise of SRDC and EMC along with the unique insights and employer networks of our new sectoral partners, The Environmental Careers Organization of Canada (ECO Canada), Food Processing Skills Canada, and BioTalent Canada.

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