Midas Group Placement and Tracking Service 
 
 Educational, Training, and Government Funded Contracting Organizations.

1. Our Objective
Our Objective is to provide Midas Group’s Placement Services to BPPVE Approved schools,
i.e., Non-degree institutions, registered schools, and Degree granting institutions. 

2. Information

Employment Services
There are two components to employment services:

•Job Development & Placement Services

Midas prepares (resumes, interviews, cover letter, FICA, self-placement etc.) students for placement and handles all responsibilities for placement, including showing them how to improve their credit file and raise their FICA score.  Watch your outcomes soar!  

•Placement Tracking

The importance of accountability for placement tracking on educational institutions is at peak levels.  Institutions are faced with tight operating budgets and they are being held accountable to government agencies that require more audits of attendance-based funding.  There is also greater scrutiny of academic programs and institutional effectiveness by all stakeholders, students, taxpayers, and the government. 

As a result of increased regulation and legislation, education institutions have a critical need to gather and evaluate employment data.  This data provides valuable insight into accountability, strategic planning, resource allocation, and budgeting.  If schools do not maintain 70% placement, they may lose their accreditation, access to funding, and may jeopardize the schools’ financial futures.  If the school has a contract with a sub-state agency, e.g., WIA, the contract may call for specified tracking of 30-60-90 and 6 month tracking for job placement, or one of the other 17 WIA vendor grading criteria. Some schools may not be paid on their contract until placement verification is satisfactorily provided.

Benefits

The benefits of this service to client schools are:

1. School will be in compliance with BPPVE 70% guidelines for placing students who complete
their training programs.

2.  Accredited schools will have acceptable outcome placement reports.

3.  Schools with sub-state training agreements will maintain their minimum placement reporting requirements.

Please read the following information whether you chose to use our service or not. The information that companies are now using to make hiring decisions include the results of credit checks. Without immediate intervention, employers will not hire many candidate employees graduating from the private career sector. This in turn will have a tremendously negative impact on Educational Institutions Receiving Government Funding for Training, Placement, and Tracking. Outcome reports will suffer and a destructive domino effect will impact private career schools.

If you are an organization which has government funding sources or government contracting obligations then placement and tracking are very important items to you and your company.

Example:
If you are an Educational or Training Organization within the urban areas of our society, then here are some very important facts.

1. The majority of the students are of minority decent, (Black, Hispanic, Asian, and others).

2.  Training must prepare students to be placed with an employer upon completion of their programs.

3. If your institution is receiving government funds, then placement and tracking is key to continued funding.

Fact, the unemployment rate for White Adults is about 4.4 percent, Hispanics or Latinos 6.7 percent, Blacks is 10.3 percent, and Asians 3.9 percent.* (Employment Data from US Dept of Labor 2005).

The above numbers will only increase as more companies use credit reporting information as criteria for hiring members of the above mentioned groups.

Solution: Use Midas Consulting Group Job Development & Placement Services.

Last but not least Midas Consulting Group has a new business program to deal with employer’s new hiring requirements and strategies to increase student placement rates at affordable prices.

If placement and tracking of your students are important to you, then you should consider Out Sourcing your Placement Services with Midas Consulting Group.

Summary

All schools that do not have activities or fulltime placement departments need this service.  Schools who have non-working departments should want to use this service, and schools that do not want to hire employees, with the burden rates can use a much more cost efficient way for the school to perform placement.  Additionally, we will maintain the reporting data.

Pricing (Choose one only option per placement or tracking)
Job Development & Placement Services	(1st day)	$125 per placement
Job Development & Placement Services	(30 days)	$165 per placement
Job Development & Placement Services	(91st day)	$275 per placement
Placement Tracking –
Track Student - Plan 1	30 days	$27
Track Student - Plan 2	30-60 days	$55
Track Student - Plan 3	30-60-91 days	$175
Track Student - Plan 4	30-60-91-180 days	$275

*The above services will depend on if your specific contractual placement tracking needs.

Phone: 310-330-5040
Fax 562-731-0600
E-Mial: info@midasgroup.org

Copyright © 2006, MIDAS CONSULTING GROUP