The Talent Equation: Finding, Developing and Keeping Talent with CareerSource Solutions

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The Talent Equation: Finding, Developing and Keeping Talent with CareerSource Solutions

CareerSource Florida: Who We Are CareerSource Florida is Florida s statewide Workforce Investment Board charged with developing strategies that help Floridians enter, remain, and advance in the workforce CareerSource Florida strengthens the state s business climate through policy setting and overseeing the workforce system

QRT Consortium Projects Designed for small companies creating jobs. Used for customized, skills based training. Wage requirements are based on company-wide overall average wage and can be relaxed for RAO. Covers training costs for new jobs created as well as existing employees on a 1:1 ratio Company chooses training provider(s). Performance-based reimbursements - based on your approved budget as you hire/train.

CareerSource Florida Flagship Initiative: Quick Response Training (QRT)

Quick Response Training Grants Qualifying Florida businesses must: Produce an exportable good or service in a qualified targeted industry Create new, full-time, high-quality jobs (115% of average county or state wage) Require customized entry-level skills training which is not available at the local level

Quick Response Training Grants What makes QRT competitive Company always selects the training provider Company can design training plan All customized skills-based training is allowed Flexible, demand driven grant program Opportunities for Consortium Grants

Quick Response Training Grants Performance-based reimbursable training expenses: Instructors /trainers salaries Curriculum development Textbooks/manuals (or the production of textbooks/manuals) For 2013, Business Facilities Magazine lists Florida as No. 4 in the nation for Workforce Training.

Quick Response Training Grants Funding priority given to businesses: Offering jobs located in a distressed, urban inner city, rural area, Enterprise Zone or Brownfield area Whose grant proposals have the greatest potential for economic impact that contribute in-kind and/or cash matches

TARGETED INDUSTRIES Clean Tech Life Sciences Information Technology Aviation/ Aerospace Homeland Security/ Defense Financial/ Professional Services Corporate Headquarters Research & Development Manufacturing Biomass & Biofuels Processing Energy Equipment Mfg. Energy Storage Technologies Photovoltaic Environmental Consulting Biotechnology Medical Devices: Laboratory and Surgical Instruments Diagnostic Testing Pharmaceuticals Modeling, Simulation and Training Optics and Photonics Digital Media Software Electronics Telecommunications Aviation: Aircraft and Aircraft Parts Manufacturing Maintenance Repair and Overhaul of Aircraft Navigation Instruments Manufacturing. Flight Simulator Training Aerospace: Space Vehicles and Guided Missile Manufacturing. Satellite Communications Equipment: Optical Instruments Navigation Aids Ammunition Electronics Transportation: Military Vehicles Shipbuilding and Repair Technology: Computer Systems Design Financial Services: Banking Insurance Securities and Investments Professional Services: Corporate Headquarters Engineering Legal Accounting Space Technologies Launch Operations Simulation and Training Consulting EMERGING TECHNOLOGIES OTHER MANUFACTURING Global Logistics Marine Sciences Materials Science Nanotechnology Food and Beverage Automotive and Marine Plastics and Rubber Machine Tooling

QRT Success: July 2000 June 2013 Companies awarded 451 Total appropriation Funds awarded (includes recaptured funds from unused awards) $66.6 million $99.1 million Number of trainees 105,675 Average cost per trainee $937 Company match for every $1 of invested QRT funds Trainees wages increase 12 months after training program $13.29 36.28% **2011-2012 FETPIP data

Escambia Santa Rosa Okaloosa Walton Holmes Jackson Washington Bay Calhoun Gulf Libert y Franklin Gadsde n Wakulla Leon Jefferson Madiso n Quick Response Training Grants Alachua FLORIDA S QUICK RESPONSE TRAINING PROJECTS FY July, 2000 June, 2013 Volusi Performance-based reimbursable training Citrus expenses: a PROJECTS 0 Instructors /trainers 20 salaries 1-3 16 Curriculum development 4-6 9 Hamilton Manatee Textbooks/manuals (or the production of 7-10 10 Sarasota textbooks/manuals) 11-17 6 # of COUNTIES Taylor Lafayette Suwanne e Dixie Gilchrist Levy Columbia Hernando Pasc o Baker Bradford Hillsborough Marion Sumte r Nassau Clay Lake Duval Putnam Polk Hardee DeSoto Charlott e St. Johns Flagle r Seminole Orange Osceola Brevard Highlands Okeechobee Glades Indian River St. Lucie Martin Palm Beach 18-45 6 Lee Hendry Additionally, QRT has awarded 9 Statewide Consortium Projects Collier Broward Dade Monroe

CareerSource Florida Flagship Initiative: Incumbent Worker Training (IWT)

IWT Overview The IWT Program was created for the purpose of providing grant funding for continuing education and training of incumbent employees at existing Florida businesses. The program will provide reimbursements to businesses that pay for preapproved, direct, training-related costs.

IWT Program Features Flexible to meet companies need Company selects training provider Company can have up to 12 months to train Approved training costs reimbursed directly to company Company contracts with CareerSource Florida

IWT Eligible Businesses Companies applying for an IWT grant must meet the following criteria: Be a for-profit business registered with the Florida Division of Corporations Have been in operation in Florida for at least one year prior to application date Have at least one full-time employee Demonstrate financial viability & be current on all state tax obligations Did not receive IWT award during the current or previous program year Willing to invest in 25 to 50 percent of the direct training costst training costs

IWT Funding Amounts $3M available for 13/14 program year Maximum grant amount is $50,000 per company Reimbursement Rates are 50% or 75% dependent upon company size and location

IWT Funding Priorities When faced with limited funding, priority consideration will be given to companies that: Are in a qualified targeted industry Whose grant proposal represents a significant layoff avoidance strategy Whose grant proposals represent a significant upgrade in employee skills Additionally, priority AND a higher reimbursement rate (75%) is given to companies that: Have 25 or fewer employees Are located in distressed rural or urban inner city area, Enterprise or HUB Zone, or Brownfield

IWT Eligible Training Lean Manufacturing Six Sigma Green and Black Belt AS 9000 ISO 9001:2008 Leadership Skills, Customer Service, Sales and other soft skills Customized training to operate new equipment or software Other trainings tailored to company needs

IWT Reimbursable Training Expenses Tuition Training/Course Cost Textbooks & Manuals Instructors Wages* Curriculum Development* * Limitations Apply

IWT Success: July 2000-June 2013 Companies awarded 1,912 Total appropriation Funds awarded (includes recaptured funds from unused awards) $40.25 million $54.39 million Number of trainees 146,865 Average cost per trainee $370 Company match for every $1 of invested IWT funds Trainees wages increase 15 months after training program $7.31 9.2% **2011-2012 FETPIP data

Escambia Santa Rosa Okaloosa Walton Holmes Jackson IWT Eligible Training Washington Bay Calhoun Gulf Liberty Gadsden Wakulla Leon Jefferson Madison Hamilton Franklin IWT Eligible Training FLORIDA S Incumbent Worker Training Projects PROJECTS FY July 2000-June 2013 # of COUNTIES 0 11 1-10 27 11-20 6 21-30 7 30+ 10 100+ 4 200+ 2 Taylor Lafayette Suwannee Columbia Dixie Gilchrist Levy Alachua Citrus Hernando Pasco Baker Bradford Hillsborough Manatee Marion Sumter Sarasota Nassau Clay Lake Duval Putnam Polk Hardee DeSoto Charlotte Lee St. Johns Flagler Volusia Seminole Orange Osceola Brevard Highlands Okeechobee Collier Glades Hendry Monroe Indian River St. Lucie Martin Palm Beach Dade Broward

The CareerSource Florida Network Debbie McMullian, QRT Program Director (850) 922-8647 dmcmullian@careersourceflorida.com Carmen Mims, IWT Program Manager (850) 921-1132 cmims@careersourceflorida.com