Convene Community. Create Opportunity.
Execute Well. Measure. Communicate. Repeat.
Many project that to grow significantly by 2025. The workspace itself is evolving with new workspace technologies, greater business outsourcing and more flexibility. Workers, now more than ever, need new training, tech tools, financial and business literacy to help them succeed in the new 21st Century labor market.
*McKinsey Global Institute, INDEPENDENT WORK: CHOICE, NECESSITY, AND THE GIG ECONOMY, October 2016, page 4; MGI survey found 27% of total working age population in U.S. are alternative work arrangements.
From a recent study on the nature of work “all of the net employment growth in the U.S. economy from 2005 to 2015 appears to have occurred in alternative work arrangements”**
Alternative work arrangements are defined as temporary help agency workers, on-call workers, contract workers, and independent contractors or freelancers.
**Katz, L. F., & Krueger, A. B. (2016, April 25). In The Rise and Nature of Alternative Work Arrangements in the United States, 1995-2015. Page 7
Entrepreneurship training programs are now proven to improve employment rates and increase wages, also teaching supporting alternative work arrangements and portfolios of income.
Two of the programs designed by FMS returned 10 to 1 and 14 to 1 annually respectively for the next 20 years, according to a recent economic impact report. These programs funded by (one time) $17 million in grants have resulted in a total of $108 million in annual economic return over these two decades. Federal, state and local taxes earned/returned each year from these programs more than paid for the entire 5 year grants that funded these programs.
FMS teaches workers about individual portfolios of income, including employment and self-employment. Mobile peer-to-peer marketplace technologies reduce business friction, and allow workers to pay and be paid online in real-time. But they must also promote and provide lifelong learning and worker centric design, transparency and decision making.
FMS designs and support community prosperity ecosystems through workforce development, entrepreneurship and startup growth, apprenticeships, paid internships, On-the-Job-Training, financial literacy, micro-enterprise, social network literacy, education, training, business development and business process outsourcing.
Focused Management Solutions was formed in 2000 to provide
human services and human capital development to private, public and non-profit customers. Areas of expertise include:
Using our people, processes and data-driven technologies, we help our public and private clients meet their missions to serve their customers, communities and individuals, furthering economic and workforce development.
Family and People First
Value the Customer
With focused service, respect, integrity, and ethics for the individual,
we are creating a world of unlimited opportunity for self-sufficiency and prosperity for all.
We’d love to hear from you.