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 having been achieved through the delivery of the programmes.
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Deadweight - Considers what would have happened without participants having access to the course 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 33% 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% as there was no negligible effect elsewhere. Level of Attribution - This relates to how much of the unweighted (pre- the technology sector evolves, and new workplace knowledge, skills and experience overtake. Furthermore, a key outcome from the programmes is employment or future engagement with the technology sector. ONS data indicates the attrition rates within the sector are up to 30% per year.
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 25% attribution figure has been assigned.
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Level of Drop Off
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
Drop off levels
Year 1 Year 2 Year 3 Year 4
50% 100% 50% 25%
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54 | Social Impact Report 2023
Social Impact Report 2023 | 55
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