Cleanable Chosen to Participate in Groundbreaking "Payment By Outcomes Trial"
A landmark $3.8M trial has commenced exploring the effectiveness of jobs-focused social enterprises in delivering long-term employment outcomes for people living with a disability.
White Box Enterprises, in partnership with the Department of Social Services, will deliver the three-year trial that will see social enterprises paid directly by the Australian Government for their verified employment outcomes through an innovative payment by outcomes model.
As a disability support organisation and social enterprise cleaning company, Cleanable are honoured to be chosen by White Box Enterprises to participate with other social enterprise leaders including Australian Spatial Analytics, Dismantle, Green Collect, Jigsaw Australia, Kalan Enterprises, STREAT, YMCA Rebuild and Your Town.
“Work integrated social enterprises such as Cleanable play a significant role in employing people in our communities who face challenges to finding and keeping a job. Cleanable is excited to be taking part in the PBO trial that will enable us to create stronger wrap around supports to our staff. These supports will contribute to unlocking new employment opportunities with our social enterprise group”.
Peter Collins - Social Enterprise Group Manager - WCIG
Over the next nine months, up to 170 people living with a disability will be supported into award wage employment with one of nine jobs-focused social enterprises selected to participate in the trial.
As each person achieves milestones in their employment, the social enterprise employing and supporting them will receive outcomes-based payments at 6, 12 and 18 months, as well as additional payments when an employee chooses to transition to another employer.
The payments will cover the costs of the wrap-around supports these businesses provide people living with a disability such as workplace capacity building, flexible work environments, social support structures, and career support.
This is the third Payment By Outcomes (PBO) trial launched under the Australian Government’s Social Impact Investing Initiatives, however the first involving social enterprises and impact investors.
Macquarie Group Foundation, Tripple and Hand Heart Pocket Foundation have invested a combined total of $750,000 to fund the upfront costs and provide working capital to get the trial underway. Investor repayments and returns are funded solely through outcomes achieved.
“Bringing a stream of private investment into this trial serves a dual purpose. Beyond the financial support, we have a chance to demonstrate to the impact investment community the effectiveness of jobs-focused social enterprise, which we hope will lead to more opportunities in the future.”
Luke Terry - CEO White Box Enterprises
For more information on the PBO trial and the participating social enterprises visit the Payment By Outcomes Trial page.