Measuring the value of placements to employers: A cost-benefit approach
AffiliationUniversity of Derby
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AbstractThis article explores the concept and measurement of placement value, underexplored in theory and practice to date. The article makes a theoretical contribution to the placement value discourse by examining and articulating the placement value concept. It also offers a practical contribution by exploring a piloted tool to evaluate employer placement value, developed as part of a project funded by the Higher Education Funding Council for England. It examines the immaturity of the placement value concept against contemporary value discourse, including service- and goods-dominant logic frameworks (exploring value-in-use and value-in-exchange) and calls for greater attention to be paid to placement value to support the sustainable provision of placements.
CitationWond, T. and Rambukwella, S. (2018) Measuring the value of placements to employers: A cost-benefit approach, Industry and Higher Education, 32(2), pp. 93-107.
JournalIndustry and Higher Education