a transformative investment
play

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


  1. A TRANSFORMATIVE INVESTMENT MAXIMIZING THE SOCIOECONOMIC BENEFITS OF THE FM DIVERSION PROJECT Jason Ehlert-North Dakota’s Building Trades Unions Lucas Franco-Research Manager-LIUNA-MN/ND

  2. 1. The Workforce Development Challenge 2. Solving the Technical Skills Gap 3. How to Maximize Socioeconomic Benefits Topics That Will 4. Similar Case Study: The Miami Tunnel Be Covered Project 5. A Partnership Proposal Using Proven Yet Underutilized Workforce Development Programs

  3. Our Challenge(s) Chronic flooding Technical skills gap Construction industry workforce shortage

  4. A Pathway to Opportunity: Registered Apprenticeship Programs

  5. 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

  6. 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

  7. 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.”

  8. 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

  9. A TRANSFORMATIVE INVESTMENT MAXIMIZING THE SOCIOECONOMIC BENEFITS OF THE FM DIVERSION PROJECT Jason Ehlert-North Dakota’s Building Trades Unions Lucas Franco-Research Manager-LIUNA

Recommend


More recommend