Final evaluation of ReAct II
IES carried out an impact assessment and cost benefit analysis of ReAct II (the Redundancy Action Scheme) in Wales as part of the final evaluation of the programme by BMG Research for the Welsh Government.
ReAct provides people who have been made redundant with grants to invest in training, as well as offering subsidies to employers for hiring and training redundant workers.
IES compared outcomes of ReAct participants with a counterfactual group of non-participants to work out whether the project was having an effect. The project also examined the financial viability of the intervention, estimating its costs and benefits.