A TRANSFORMATIVE INVESTMENT MAXIMIZING THE SOCIOECONOMIC BENEFITS - - PowerPoint PPT Presentation
A TRANSFORMATIVE INVESTMENT MAXIMIZING THE SOCIOECONOMIC BENEFITS OF THE FM DIVERSION PROJECT Jason Ehlert-North Dakotas Building Trades Unions Lucas Franco-Research Manager-LIUNA-MN/ND 1. The Workforce Development Challenge 2. Solving the
Project
Underutilized Workforce Development Programs
Our Challenge(s)
A Pathway to Opportunity: Registered Apprenticeship Programs
Benefits of Registered Apprenticeship Programs
Recruit and train local workers Pathway to a family supporting career 300K more than non-participants Address skills gap through technical training Create develop a safe and highly skilled workforce
The High Cost of Outsourcing
Non-local labors spend little locally Local workers reinvest 95% of their after-tax and after-savings income locally Local workers will maximize the ROI in the community of the FM Diversion
Case Study: Port of Miami Tunnel
83% of construction workers were local Hundreds of area residents received training for career construction workers Brought the public genuinely into a project “More than community engagement plan that went beyond media and public relations into delivering real economic, social and commercial benefits.”
GOALS OF WORKFORCE DEVELOPMENT INITIATIVE
A plan to solve the Technical Skills Gap challenge This strategy was used on a large, similar style type of project with great success Upskill local workforce through education and training using a proven method for the construction industry Promotes the goals of the Workforce Development Council to use public/private partnerships Builds a local coalition beyond media and public relations Delivers real economic, social and commercial benefits to the community