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Financial Costs and Benefits of Two Supported Employment Agencies in Wales
Author(s) -
Beyer Stephen,
Kilsby Mark
Publication year - 1998
Publication title -
journal of applied research in intellectual disabilities
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.056
H-Index - 63
eISSN - 1468-3148
pISSN - 1360-2322
DOI - 10.1111/j.1468-3148.1998.tb00039.x
Subject(s) - taxpayer , overtime , payment , business , finance , welfare , cost–benefit analysis , work (physics) , service (business) , actuarial science , labour economics , economics , marketing , market economy , mechanical engineering , ecology , biology , engineering , macroeconomics
The costs and financial benefits accruing from two employment agencies were analysed over the two years of their operation. The analysis determined the net costs for society as a whole, the taxpayer and the supported employees, when reductions in welfare benefit payments and costs to previous day services, and increases in tax were taken into account. The results indicated that supported workers generally benefited financially as a result of their uptake of paid work but that costs outstripped financial benefits for the taxpayer and society as a whole. There were significant differences in net costs between the two agencies. The results also indicated that the cost‐benefit performance of the two agencies was improving overtime, suggesting that the financial benefits of providing the service could ultimately outweigh the costs involved. This is in line with the general trends found in research in the USA, but progress towards a break‐even point was much slower.