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Understanding the return on investment from TVET. A practical guide

Type:
Document
Content Type:
Understanding the return on investment from TVET. A practical guide
Language:

English

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english
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skpEng
Sources:

International organizations

Information is gathered from other international organizations that promote skills development and the transition from education and training to work. The Interagency Group on Technical and Vocational Education and Training (IAG-TVET) was established in 2009 to share research findings, coordinate joint research endeavours, and improve collaboration among organizations working at the international and national levels.

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skpIntOrg
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international-organizations

Experts from many international, regional and national agencies generously share their views, experiences and findings on skills, helping policy-makers among other stakeholders to understand the linkages between education, training and the world of work, and how to integrate skills into national development planning to promote employment and economic growth.

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skpOSource
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other-sources
Topics:

Monitoring and evaluation

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Measuring the outcomes of skills systems, policies and targeted programmes is essential in order to monitor and improve their effectiveness and relevance. Elements of sound assessment processes include: institutions to sustain feedback from employers and trainees; mechanisms to track labour market outcomes of training and systems of accountability that use this information; and, quantitative and qualitative labour market information and its dissemination to all stakeholders.

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skpPolPer
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monitoring-and-evaluation

Participation of employers' and workers' organizations

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The world of learning and the world of work are separate but linked. While one involves learning, the other produces goods and services. Neither can thrive without the other. Strong partnerships between government, employers and workers help ensure the relevance of training to the changing needs of enterprises and labour markets. 

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skpPSP
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participation-of-employers-and-workers-organizations
Knowledge Products:

Research papers

Working papers, reports, and other publications from international organizations, academic institutions and bilateral agencies. Research findings to stimulate informed debate on skills, employment and productivity issues. 

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skpRPS
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research-papers
Publication Date:
11 Jun 2020
This Guide is designed to help improve our understanding of the return on investment (ROI) from technical and vocational education and training (TVET). The primary aims are:

• to identify the main issues and key elements to measure the ROI
• to present a framework that encompasses different stakeholder groups and identifies key ROI indicators
• to provide fundamental guidelines and tools for ROI planning and data collection.
Subject Tags:

Data analysis

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data-analysis
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361

Skills indicators

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skills-indicators
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653

TVET systems

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tvet-systems
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661
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