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Talent Retention Project Advanced Engineering South West

Talent Retention Project Advanced Engineering South West. Talent Retention Scheme For the South West. History. Impact of 9/11 events in the Midlands Engineering firms particularly aerospace Rapid cost reduction Headcount impact “Brain drain”, 70% affected individuals left the sector.

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Talent Retention Project Advanced Engineering South West

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  1. Talent Retention Project Advanced Engineering South West Talent Retention Scheme For the South West

  2. History • Impact of 9/11 events in the Midlands • Engineering firms particularly aerospace • Rapid cost reduction • Headcount impact • “Brain drain”, 70% affected individuals left the sector

  3. Context • Winter 2008/9 • Business confidence dropping • Job losses • High value skills important to South West • Engineering/technical/manufacturing • Creative/digital media • Financial services • Lessons from Midlands

  4. FINANCIAL SERVICES (Regional) NSA Finance

  5. What is it? • Advanced Engineering, Renewables & Nuclear • Match talent to relevant opportunities quickly • High value skills • Engineering, Technical, Supply Chain, IT • Cover all Skilled individuals • Supports geographical mobility issues • Fully mobile • Local mobility

  6. How does it work? • Sector specific • Local focus & national network • Business support • Recruitment • Redundancy • Face-to-face support • Emotional and practical support • On-line rapid match system

  7. Results to date • 309 individuals successfully completed process. Circa 100 live in process • 842 face-to-face sessions delivered • 224 businesses contacted.120 businesses actively engaged to date • 300 to 400 live vacancies at any time

  8. Contact details • Project team: 01275 878231 • Email: enquiries@skillsretention.co.uk • Web: www.talentsouthwest.org.uk

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