Performance metrics in social impact bonds and illustrative metrics from comparable non-social impact bond services
| SIB or SIB group (policy area) | Payable outcome metrics | Examples of metrics from comparable non-SIB services | |
|---|---|---|---|
| Inputs | Outputs | ||
| Peterborough Prison SIB (reoffending) | Reduction in reconvictions one year post-release compared to control group | Pre- and post-release services (official or voluntary) | Client meetings and engagement |
| DWP Innovation Fund SIBs (youth employment and education) | Improved attendance, attitude and behaviour at school | School-based support, youth workers | Engagement with support services |
| National Qualification Framework (NQF) levels 1 to 4 | Teaching and support | Lessons attended | |
| Employment sustained for six and 12 months | Career advice services | Engagement with employment services | |
| Fair Chance Fund SIBs (homelessness) | Client assessment meetings | Housing advice services | Client assessment meetings |
| Entry into accommodation and tenancies sustained for three, six, 12 and 18 months | affordable and supported accommodation | Tenancies achieved | |
| Entry into employment, sustained six and 12 months or voluntary work sustained six, 13, 20 and 26 weeks | Skills and employment programmes | Courses attended, job applications made | |
| NQF levels 1 and 2 | Skills and education programmes | Client engagement, courses attended | |
| SIB or SIB group (policy area) | Payable outcome metrics | Examples of metrics from comparable non-SIB services | |
|---|---|---|---|
| Inputs | Outputs | ||
| Peterborough Prison SIB (reoffending) | Reduction in reconvictions one year post-release compared to control group | Pre- and post-release services (official or voluntary) | Client meetings and engagement |
| DWP Innovation Fund SIBs (youth employment and education) | Improved attendance, attitude and behaviour at school | School-based support, youth workers | Engagement with support services |
| National Qualification Framework (NQF) levels 1 to 4 | Teaching and support | Lessons attended | |
| Employment sustained for six and 12 months | Career advice services | Engagement with employment services | |
| Fair Chance Fund SIBs (homelessness) | Client assessment meetings | Housing advice services | Client assessment meetings |
| Entry into accommodation and tenancies sustained for three, six, 12 and 18 months | affordable and supported accommodation | Tenancies achieved | |
| Entry into employment, sustained six and 12 months or voluntary work sustained six, 13, 20 and 26 weeks | Skills and employment programmes | Courses attended, job applications made | |
| NQF levels 1 and 2 | Skills and education programmes | Client engagement, courses attended | |
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