LEGITIMISING CLAIMS There is a recognised range of external influences on the depth and causality of social value being delivered. These influences have been considered and were required to remove value that may not be contributed to IN4 Group but counted as they have been achieved through the delivery of the programmes.
The foundation of IN4 Group’s value is centred on learning. Therefore, the learning and corresponding change curve principles have been used. Value is spread over four years, with a build to a peak in year two and a steady reduction in years three and four due to the reduced relevant learning as the technology sector evolves and new workplace knowledge, skills, and experience overtake. Furthermore, a key outcome of the programmes is employment or future engagement within the technology sector. LEVEL OF DROP OFF
Deadweight - Considers what would have happened without participants having access to the programme and learning provided. Therefore, in creating this report, local, regional, and national initiatives and government policies and strategies have been considered, with a deadweight of 11% being assigned within forecasted value. Level of Displacement - A nominal displacement percentage has been allocated across all activities. This report has been defined as 1.5% as there was no negligible effect elsewhere.
Level of Attribution - This relates to how much of the unweighted (pre-discounting) value can be claimed by IN4 Group. The following formula has been used: Forecasted strength of partnerships + Forecasted trust level + Forecasted influence - 100 = Attribution Using this approach, a 32% attribution figure has been assigned
ONS data indicates the attrition rates within the sector are up to 30% per year. Drop off levels
Year 1 Year 2 Year 3 Year 4
50% 100% 50% 25%
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