Training as a social purpose: are economic and social benefits delivered?
Butler, Allan and Lobley, M (2016) Training as a social purpose: are economic and social benefits delivered? International Journal of Training and Development, 20 (4). pp. 249-316. ISSN 1468-2419
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Abstract
This paper reports original research which measures the social and economic impact of training and skills development on individuals who participated in training provided by social purpose, nonprofit organizations. An implicit policy assumption is that such organizations contribute to social and economic regeneration. Examining the costs and benefits of training to trainees, an adapted Return on Investment methodology measures any economic benefit, while an Index of Social Benefit measures changes in individual well-being. The results demonstrate that while changes to both the economic and social wellbeing of trainees occur, it does not necessarily relate solely to the training they received. Instead, changes reflect other, often complex, aspects of trainees’ lives, although training may facilitate change. Furthermore, social purpose, nonprofit organizations need to evince the socioeconomic benefits of their training programmes to secure future funding, public or private, but proving their successful delivery may be difficult to determine.
| Item Type: | Article |
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| Keywords: | Training, Return on Investment, Social Impact, Economic Impact |
| Divisions: | Business and Entrepreneurship |
| Depositing User: | Prof Meriel Moore-Colyer |
| Date Deposited: | 16 Feb 2017 14:22 |
| Last Modified: | 07 Oct 2022 15:49 |
| URI: | https://rau.repository.guildhe.ac.uk/id/eprint/15129 |
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