Evidence of effectiveness
The effectiveness is monitored systematically with two main indicators. They are the share of trained persons who have found employment within 2 months after training and OPAL-survey, which collects feedback from the participants. The latest report is from 2016 with figures for 2015. In 2015, about 49% of participants were employed within 2 months after the training. According to the OPAL-survey, 82% of participants were satisfied with the training. The benefits are in the line with the expectation. Naturally the employability could be higher and the instrument cannot equally serve all the groups, but in principle, it has helped the unemployed to find employment. There are no reports of unexpected benefits or cost. The cost control is quite good and it is limited by the budget. The satisfaction of the participants indicated that the benefits exceed the improved employability.
Engagement of stakeholders
The engagement is based on the continuity of the instrument. Finnish labour markets operate in a particular way and all parties are committed to follow those principles. The engagement is based upon the fact the government mainly funds the program. Labour market training is profitable for the educational institutions i.e. they are selling the training as a service for a price that covers all the expenses with potential margins. For the companies, the training project is a cost-efficient way to hire employees when qualified labour is not available in other ways.