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Raising Employer Ambition and Investment in Skills. Presentation to the Superfast Broadband event 26 th March 2012 Jeremy Horton Senior Investment Manager. UK: Skills challenges (000s). (Ch 2). (Ch 6). (Ch 3&4). (Ch 5). Policy. (Ch 7). 63. 1,702. 18,682. 2,780. 2,092.
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Raising Employer Ambition and Investment in Skills Presentation to the Superfast Broadband event 26thMarch 2012 Jeremy Horton Senior Investment Manager
UK: Skills challenges (000s) (Ch 2) (Ch 6) (Ch 3&4) (Ch 5) Policy (Ch 7) 63 1,702 18,682 2,780 2,092
Our employment and productivity rates are not amongst the highest leading nations and are falling In the last 2 years our Global Competitiveness has fallen 4 places The UK’s economic position
Introduction The UK Commission for Employment and Skills provides strategic leadership on skills and employment issues in the four nations of the UK. Our mission is to work with and through our partners to secure a greater commitment to invest in the skills of people to drive, enterprise, jobs and growth. There is an urgent need to raise UK skills levels to help drive productivity, growth and jobs.” Vince Cable, Secretary of State for Business, Innovation and Skills “The skills and capabilities of our people are ultimately the basis for our long-term competitiveness.” Charlie Mayfield, Chairman
Our Commissioners Our Commissioners are leaders in their fields who contribute their expertise and resources to the full range of UK Commission activities. From Left to Right Key: Chairman Devolved Administrations Large Employers Small/Medium Enterprises Trade Unions Voluntary Sector FE and HE Charlie Mayfield, Chairman of John Lewis Partnership Sir Adrian Webb, Chairman Wales Employment and Skills board Dr Bill McGinnis, NI Advisor on Employment and Skills Willy Roe, Chairman Highlands and Islands Enterprise Chris Hyman, Chief Executive of Serco Group PLC David Fairhurst, Chief People Officer of McDonalds Europe James Wates, Deputy Chairman of Wates Construction Ltd. Larry Hirst, Former Chairman of IBM Europe, Middle East and Africa Valerie Todd, Director of Talent and Resources at Crossrail Ltd. Trevor Matthews, Director of Aviva UK Nigel Whitehead, Group managing director of programmes and support, BAE Systems Lucy Adams, Director of Business Operations, BBC Jeremy Anderson, Chairman Global Financial Services, KPMG LLP John Cridland, Director General, CBI Sean Taggart, Owner and Chief Executive, The Albatross Group Julie Kenny, Managing Director of Pyronix Ltd. Grahame Smith, General Secretary of the Scottish Trade Union Congress Dave Prentis, General Secretary, UNISON Brendan Barber, General Secretary, TUC Seyi Obakin, Chief Executive, Centrepoint Liz Sayce, Chief Executive, Radar Lord Victor Adebowale, Chief Executive, Turning Point Dr. Deidre Hughes, Lead Consultant European Lifelong Guidance Policy Network Tony Lau-Walker, Chief Executive officer, Eastleigh College Prof. John Coyne, Vice Chancellor, University of Derby
Our Goal Our goal is to ensure that good market intelligence drives increased investment to achieve greater impact on skills, jobs and economic growth.
Driving increased investment “I am discussing with the UK Commission for Employment and Skills what would happen if government were really to get out of the way – leaving employers, trade unions and the education sector to drive the vocational skills agenda...’ The Rt Hon Vince Cable MP, Secretary of State for Business, Innovation and Skills 5 October 2011
Investment by strand • Figures based on 10 Growth and Innovation Fund and 14 Employer Investment Fund projects • Growth and Innovation Fund and employer total investment £14,589,997 • Employer Investment Fund and employer total investment £8,711,477
Growth and Investment Fund • On a continuously open basis • Investment Board to meet x3 a year • Employer led bodies • Wider eligibility including LEPs • Simplified application process; outline or full proposals • Assessment criteria, scored by UKCES, with BIS, SfA input • Commissioners decisions – no appeals • Two strikes.....
3. Grant funding should flow directly through responsible employers giving them greater purchasing power in the skills market with providers 2. Skill solutions should be designed by employer-led partnerships to reach more people and businesses 1. Employers should have the space to own the skills agenda Employer ownership agenda 14
For further details… Please get in touch with us if you would like more information about the UK Commission for Employment and Skills. You can email us atinfo@ukces.org.ukor call our main reception on 01709 774800 Or Jeremy.Horton@ukces.org.uk 07785 512389 Wath-Upon-Dearne office Renaissance HouseAdwick ParkWath-Upon-Dearne South Yorkshire S63 5NB London Office 28-30 Grosvenor Gardens London SW1W 0TT Tel: 0207 881 8900 www.ukces.org.uk