Beam uses social metrics to measure the positive social impact we are creating. We share these metrics publicly on our transparency page.
Beam’s core social metrics focus on supporting people through training and into work:
Training completion: A member has completed all of the training courses that were funded by Beam.
Work start: The member has started paid work related to their Beam training. This may be during training or after training.
Work sustained: The member is in paid work related to their Beam training 3 months after they’ve started work and completed training. (We also check at 6 months to make sure they are stable.)
We also measure secondary outcomes (e.g. housing changes), quality of work (e.g. job satisfaction) and how satisfied the members are with Beam (e.g. ratings and feedback).
We are working on quantifying the economic impact and value to society of Beam’s social outcomes.