Impact Bond: Lifelong Work Support Project in Okayama City
Stage of development: Implementation
Policy sector: Employment and training
Intervention: A special department has been set up for consultations from users (the elderly, etc.) who wish to work or participate in society. The department collects the information on the situations of the users, their employment preferences, and their abilities, and shares it to employment support organizations such as private employment agencies and social welfare councils. Each organization introduces jobs to the users, and provides support as needed, such as interview guidance, workplace visits, job trials, and consultation after job placement. In addition, the organizations aim to raise awareness among employers to actively employ the elderly and negotiate working conditions to ensure sustainable work environments.
Date contracts between all parties signed: 2019-07
Start of service provision: 2019-08
Anticipated end of service provision: 2023-03
Maximum potential outcome payment: 235040000 JPY
Maximum potential outcome payment (USD): 2156132.464911476