Jobs in Directly Supported/Financed Enterprises (PI4874) aligns to Joint Impact Indicators Female Direct Employment Jobs Supported (Operations and Maintenance), Female Construction Jobs (Temporary Construction), Direct Jobs Supported (Operations and Maintenance), and Construction Jobs (Temporary Construction).
JII Guidance for Female Direct Employment Jobs Supported (Operations and Maintenance):
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Jobs in Directly Supported/Financed Enterprises (PI4874), Jobs Type (OD0660), and Target Stakeholder Demographic (PD5752). Refer to each metric's usage guidance for details.
JII definition: Number of full-time equivalent female workers, as per local definition, working for the client company or investment project at the end of the reporting period unless there is seasonal variation (see guidance for “Direct Jobs Supported (Operations and Maintenance)”).
This includes female individuals hired directly and female individuals hired through third party agencies, as long as those female individuals provide services related to the operations and maintenance of the client company or investment project. This also includes full-time equivalent worked by seasonal, contractual and part-time workers.
JII guidance: Refer to guidance for “Direct Jobs Supported (Operations and Maintenance)”.
JII applicability: All client companies, where relevant, but typically not used for clients of intermediated finance (e.g. commercial banks). For financial intermediary clients, refer to “Female Direct Jobs Supported in the Intermediary”. For investment fund investees, refer to “Female Direct Jobs Supported in the investee company.”
JII Guidance for Female Construction Jobs (Temporary Construction):
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Jobs in Directly Supported/Financed Enterprises (PI4874), Jobs Type (OD0660), and Target Stakeholder Demographic (PD5752). Refer to each metric's usage guidance for details.
JII definition: Number of temporary full-time equivalent workers hired for the construction of the investment project’s hard assets during the reporting period.
JII guidance: Refer to guidance for “Construction Jobs (Temporary Construction)”. Applicability: All clients, where applicable. Practitioners may also use this metric for Investees of Investment Funds, where applicable, but it may be difficult to apply to beneficiaries of other intermediated structures, such as on lending through financial intermediaries (e.g. commercial banks).
JII applicability: All client companies, where relevant, but typically not used for clients of intermediated finance (e.g. commercial banks) or investment funds.
JII Guidance for Direct Jobs Supported (Operations and Maintenance):
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Jobs in Directly Supported/Financed Enterprises (PI4874) and Jobs Type (OD0660). Refer to each metric's usage guidance for details.
JII definition: Number of full-time equivalent workers, as per local definition, working for the client company or investment project at the end of the reporting period unless there is seasonal variation (see guidance).
This includes individuals hired directly and individuals hired through third party agencies, as long as those individuals provide services related to the operations and maintenance of the client company or investment project. This also includes full-time equivalent worked by seasonal, contractual and part-time workers.
JII guidance:
FTE Calculation for Direct Jobs: Temporary workers are converted to full-time equivalent jobs on a pro rata basis, based on the average number of months worked over the total months in the reporting period (e.g., if worker worked for three months, this would be equal to a 0.25 FTE job if the reporting period is one year).
Seasonal or short-term jobs are prorated on the basis of the portion of the reporting period that was worked (e.g., a full-time position for three months would be equal to a 0.25 FTE job if the reporting period is one year). If the information is not available, the rule-of-thumb is two part-time jobs equal a full-time job.
Where companies employ piece-rate workers, consider headcount of number of workers paid piece-rate and an estimate of what proportion of FTE that category of workers are used for (e.g., if there are 200 piece-rate workers on site each day for 6 months of the year, then FTE = 200 x 6/12 = 100).
Similarly, where there are a large number of workers on variable hours or contracts, including day laborers, please include average number of workers on a typical day (total over 24 hours, if shift work), and the proportion of the year those workers are working for (e.g., 3 shifts of 100 people each day for the whole year: FTE = 3 x 100 x 12/12 = 300). If a temporary worker is part time, the calculation should be number of workers times proportion of a full working week times proportion of a year worked (e.g., FTE = 100 x 3/5 x 6/12 = 30)
Full time Equivalent (FTE): Part-time jobs for construction workers are converted to full-time equivalent jobs on a pro rata basis, based on local definition (e.g., if working week equals 40 hours, a 24 hr./week job would be equal to 0.6 FTE job). Full-time position for three months would be equal to a 0.25 FTE job if the reporting period is one year.
Direct Jobs Supported (Operations and Maintenance): In order to fully capture all direct jobs, consider these:
(a) Senior Management: Number of full-time equivalent (FTE) employees in senior management roles working for the client company or project at the end of the reporting period. Senior management is generally a team of individuals at the highest level of organizational management (usually executive level positions) who have the day-to-day responsibilities of managing a company or corporation. They are often referred to as the “C-suite” and include positions such as Chief Executive Officer – CEO; Chief Financial Officer – CFO; Chief Marketing Officer – CMO; Chief Operations Officer – COO; Chief Information Officer – CIO; Chief Legal Counsel – CLC, etc. Within different corporations, they can also sometimes be referred to as executive management, top management, or upper management.
(b) Permanent full time direct jobs (not including management): Please report number of workers at the end of the reporting period. FTE = headcount for this category of workers. These are generally workers on the payroll.
(c) Permanent part time direct jobs (not including management): This includes workers converted to full-time equivalent jobs on a pro rata basis, based on local definition (e.g., if working week equals 40 hours, a 24 hr./week job would be equal to 0.6 FTE job). These are part time workers on the payroll, including those working variable hours. If the average proportion of full-time figure is not known, 0.5 can be used as an estimate.
(d)Temporary direct jobs: All workers paid directly by the company, but engaged only for a specific period of time, including fixed-term, project- or task-based contracts, as well as seasonal or casual work, including day labor. It includes those on written and verbal contracts, performing work on or off-site, associated with the operations and maintenance of the business. If the number of temporary workers does not vary significantly on a seasonal basis, the FTE calculation can be done based on the number of workers at the end of the reporting period (converting headcount to FTE for any workers who are part time, see below). If there is significant variation during the year, please report an FTE figure over the reporting period as follows.
(e) Insourced / contracted jobs: This includes all workers performing duties associated with the core business processes of the business (core business processes constitute those production and/or service processes essential for a specific business activity without which the business activity could not continue) on or off site, paid via a third party. It includes, for example, security guards employed by a contractor and workers employed via agencies or labor brokers, etc.
If the number of workers does not vary significantly on a seasonal basis, the FTE calculation can be done at the end of the reporting period. If there is significant variation, please report an FTE figure over the reporting period using guidance above on calculating FTE for temporary workers.
EXCLUSIONS.
Platform Jobs: If a company facilitates the trading of goods or services between two parties, but does not itself purchase those goods or services, the jobs created or sustained by that facilitation should not be included in Direct Jobs. For example, a platform company that facilitates customers accessing services from individuals, where the customer pays the individual providing the service, even where payment is done via the platform. The jobs within the company that facilitates the exchange (e.g., software programmers), or contractors paid by the company, should be counted under direct or contracted jobs, respectively. Construction Jobs: Only include construction jobs if the company is itself a construction or real estate company, and the jobs are therefore not expected to cease at the end of the construction phase of any individual asset. Construction jobs supported during the construction of a company’s assets are not included in this metric. All jobs associated with timebound construction projects should be captured under the metric: Construction Jobs (Temporary Construction).
JII Guidance for Construction Jobs (Temporary Construction):
Alignment comments: Alignment to the JII indicator requires using IRIS metrics Jobs in Directly Supported/Financed Enterprises (PI4874) and Jobs Type (OD0660). Refer to each metric's usage guidance for details.
JII definition: Number of temporary full-time equivalent workers hired for the construction of the investment project’s hard assets during the reporting period.
JII guidance: FTE Calculation for Direct Jobs: Temporary workers are converted to full-time equivalent jobs on a pro rata basis, based on the average number of months worked over the total months in the reporting period (e.g., if worker worked for three months, this would be equal to a 0.25 FTE job if the reporting period is one year).
Seasonal or short-term jobs are prorated on the basis of the portion of the reporting period that was worked (e.g., a full-time position for three months would be equal to a 0.25 FTE job if the reporting period is one year). If the information is not available, the rule-of-thumb is two part-time jobs equal a full-time job.
Where companies employ piece-rate workers, consider headcount of number of workers paid piece-rate and an estimate of what proportion of FTE that category of workers are used for (e.g., if there are 200 piece-rate workers on site each day for 6 months of the year, then FTE = 200 x 6/12 = 100).
Similarly, where there are a large number of workers on variable hours or contracts, including day laborers, please include average number of workers on a typical day (total over 24 hours, if shift work), and the proportion of the year those workers are working for (e.g., 3 shifts of 100 people each day for the whole year: FTE = 3 x 100 x 12/12 = 300). If a temporary worker is part time, the calculation should be number of workers times proportion of a full working week times proportion of a year worked (e.g., FTE = 100 x 3/5 x 6/12 = 30)
Full time Equivalent (FTE): Part-time jobs for construction workers are converted to full-time equivalent jobs on a pro rata basis, based on local definition (e.g., if working week equals 40 hours, a 24 hr./week job would be equal to 0.6 FTE job). Full-time position for three months would be equal to a 0.25 FTE job if the reporting period is one year.
Construction Jobs (Temporary Construction): This indicator includes all workers involved in the construction of the company’s assets, including those employed by third parties if they are working on-site.
Temporary means the jobs will cease when construction of the asset is completed and may include multi-year contracts for large assets.
Construction Companies: This metric does not include workers of construction companies where the client itself is a construction or real estate company. These workers are counted under the Direct Jobs Supported (operations and maintenance) metric.
