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UNEVOC Network Collaborative research: A framework to better measure the return on investment from TVET


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Language:  English
Author/s:  Jane Schueler, John Stanwick and Phil Loveder
Abstract:  Understanding the return on investment (ROI) in VET provides governments with information on the performance of the system and justification for public expenditure. It can help enterprises and individuals to measure productivity improvement in firms or to determine increases in the employability of individuals following training investment. However, the measurement of ROI is not straightforward. This report introduces a conceptual framework for defining what is involved in the ROI calculation and provides a guide to what type of information and data are required to calculate the returns to training for government, employers and individuals.

The framework developed as part of a collaborative research jointly implemented by UNESCO-UNEVOC and NCVER as one of the UNEVOC Centres.
 
Publisher/s:  NCVER
Published:  2017 in Adelaide, Australia
Pub. Type:  Report
Pub. Format:  PDF
Licence:  CC-BY
ISBN:  978-1-925173-88-8
 
Categories:  UNEVOC Centres
Financing
Keywords:  Return on Investment
Tags:  justpub centreactivity C2504 asia



page date 2014-06-04

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