Pay for Success Overview, Including New GAO Study
Posted by Frank Gallo - On September 14, 2015 (EST)
Overview of Pay for Success Projects
The U.S. Government Accountability Office (GAO) has issued a lengthy descriptive report on Pay for Success (PFS) projects, including two funded by the U.S. Employment and Training Administration (ETA). Drawing upon the GAO report and other sources, we've summarized these efforts, highlighting employment-related issues, and assembled a list of references for those seeking more information.
Experiments with PFS and Pay for Performance (PFP) have been endorsed by the Obama Administration, and this new approach to financing government social programs has garnered widespread interest. Our detailed 5-page summary will help you understand this sometimes confusing subject, and bring you up to speed on its evolution.
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Modified On : September 17, 2015
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