Outcomes rate cards are a menu of desired outcomes and their associated value, and are used to standardize performance-based financing
AUSTIN – Workforce Solutions Capital Area has been selected as an awardee for the Outcomes Rate Card Development competition led by Social Finance, a nonprofit organization dedicated to mobilizing capital to drive social progress, and will participate in developing some of the first outcomes rate cards in the nation.
Workforce Solutions Capital Area will receive technical assistance from Social Finance for 12 months to plan, design, and execute an outcomes rate card that targets educational and employment outcomes in Austin and Travis County. Services will target residents of low-to-moderate income to improve limited education and language skills, credential completion, job placement, retention, and earnings.
“We are excited about the opportunity to partner with Social Finance in this year-long project,” says Tamara Atkinson, Chief Executive Officer of Workforce Solutions Capital Area.
