We have begun implementing a very important activity: developing a comprehensive cost-benefit analysis of work-based learning, drawing on the experience of Switzerland. In this process, we will be supported by representatives from the Swiss Federal University for Vocational Education and Training (SFUVET), who will share their knowledge and experience regarding a professional approach throughout the entire process and assist in adapting methodologies for the analysis.
The cost-benefit analysis will include all forms of work-based learning—whether conducted in companies, schools, or as a combination of both.
The purpose of the analysis is to quantify the costs (e.g., mentor salaries, equipment, productivity, etc.) and the benefits (e.g., increased productivity, reduced recruitment costs, improved quality of educational outcomes, and greater readiness to work in modern technological production processes) of work-based learning, both direct and indirect.
A cost-benefit analysis provides objective data that schools, companies, and ministries can use to make informed decisions regarding the introduction and implementation of work-based learning, allocation of budgets and resources, and the creation of incentives for employers.
The analysis will help to clearly demonstrate the value of work-based learning, not only in financial terms, but also in a broader socio-economic and educational context. It facilitates strategic planning and informed decision-making for all stakeholders, enabling smart planning based on the analysis results (smart governance).
Follow us for more information about this process, as new updates will be shared soon.
