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Employment and Training Assessment PDF Print E-mail


As part of its due diligence process when CEI is considering which applicants to approve for business financing, and is determining if an ETAG is warranted, an employment assessment is completed. The assessment is conducted to help screen businesses based on the quality of the employment opportunities, to gauge management's commitment to hiring from a variety of untapped labor pools, and to assess if the firm possesses the characteristics of being "socially responsible".   

To assess the employment opportunities CEI looks at the quality and range of jobs, educational and skill levels required, wages and wage progressions,  advancement opportunities, and projections of new jobs created.  Also considered are HR practices, including the quality of the benefits package, presence and nature of personnel policies, types and nature of training provided for the workforce, and safety of the work environment. We particularly have an interest in employment opportunities that lead to developing skills, livable wages, advancement opportunities, asset development and self-sufficiency over time.

 

CEI IN THE NEWS!

U.S. Finance Expert Encourages Banking Investment in Maine Communities
At CEI's 32nd Annual Meeting, Ellen Seidman, Exec. VP of ShoreBank in Chicago, and Sr. Research Fellow with the New America Foundation in Washington, DC, urged Maine bankers and community activists to consider “greater community investment…meeting the actual needs of the community, not just counting dollars invested.” See full speech.

See annual meeting remarks by Ron Phillips, CEO, on triple bottom line investing and the next 5 years for CEI…

See the 12/14/09 article on CEI and the state of investing in communities. It’s where mission happens…

CEI Receives $125 Million in NMTC  Through its subsidiary, CEI Capital Management LLC, CEI will use the allocation to attract private capital investments for primarily rural economic development projects. See press release here.

CEI Receives Investment Funds
In partnership with Manufacturers Association of Maine, CEI will receive $765,000 over from the Federal Department of Health and Human Services, Office of Community Services (OCS), to finance several job-generating small-to-medium enterprises. This funding will create 78 full-time, year-round jobs.  Read press release here. 

Bangor Savings Bank and CEI offer low-interest loans to small and medium-sized enterprises in disadvantaged areas in Maine. Read more here.

36 Water Street, PO Box 268, Wiscasset, ME 04578; Telephone: 207/882-7552; FAX: 207/882-7308; E-mail: cei@ceimaine.org