Cobham Welcomes the Engineering and Manufacturing Employers Forum – 19 April 2012

Cobham Welcomes theEngineering and ManufacturingEmployers Forum – 19 April 2012

Apprenticeships – A Success StoryEngineering and ManufacturingEmployers Forum – 19 April 2012 Presenter - Gerry Bishop MBE Employee Development Manager Date – 19 April 2012

Overview • Cobham – a Brief History • Apprenticeships • Why? • Demographics • How? • Who? Document Title

Cobham at a Glance What we do • Specialise in products, services and subsystems, that protect lives and livelihoods • Capabilities increasingly centred around communication and the insatiable demand for data, connectivity and bandwidth - weight, size and power consumption critical factors • Meeting this growing demand with a diverse and innovative range of technologies and services, responding to customer needs with agility that differentiates us Some numbers • Annual revenue approaching £2bn / $3bn • £74m / $111m of company funded R&D in 2010 • Acquired more than 50 companies in the last decade • Employ 11,000 people on five continents The most important thing we build is trust Document Title

Cobham at a Glance – We’re bigger than; Document Title

Employ ~2,500 People in the UK Document Title

Ensure Cobham has the right quantity and quality of skills to resource immediate and future business needs Apprenticeships Graduate Development & Talent Management Talent Management Programmes Leadership MCW Graduate Recruitment Apprentice Recruitment Competencies Document Title

Apprenticeships – Today Document Title

Apprenticeships – Today There are more than 200 different types of Apprenticeships available offering over 1,200 job roles • Intermediate Level Apprenticeships • Level 2 Competence Qualification, Functional Skills and, in most cases, a relevant knowledge-based qualification. • Advanced Level Apprenticeships • Level 3 Competence Qualification, Functional Skills and, in most cases, a relevant knowledge-based qualification. • Higher Apprenticeships • Level 4 Competence Qualification, Functional Skills and, in some cases, a knowledge-based qualification such as a Foundation Degree. Document Title

20% reduction in 18 year olds over the next ten years Sector Skills Agreement – Shortage of Engineers 1000 per Year for 10 Years Demographics Age Profile of Average Engineering Company 40 to 60 16 to 25 25 to 40 Document Title

PhD Masters Degree Honours Degree HND, Foundation Degree HNC A Level, National Certificate GCSE Routes into Engineering Cobham GDP ? Bridging Module 8 YEARS 6 YEARS Higher Apprenticeship Advanced Apprenticeship Apprenticeship Document Title

Employer say - • 77% of employers believe Apprenticeships make them more competitive; • 76% say that Apprenticeships provide higher overall productivity; • 80% feel that Apprenticeships reduce staff turnover; • 83% of employers rely on their Apprenticeships programme to provide the skilled workers that they need for the future; • 88% believe that Apprenticeships lead to a more motivated and satisfied workforce; • One in five employers are hiring more apprentices to help them through the tough economic climate Document Title

Employer say - • 59% report that training apprentices is more cost-effective than hiring skilled staff. • 59% believing that Apprenticeships lead to lower overall training costs and 53% feeling that they reduce recruitment costs; • In terms of the return on investment linked to Apprenticeships, 41% say that their apprentices make a valuable contribution to the business during their training period, while a further third (33%) report that apprentices add value within their first few weeks (or even from Day One); Document Title

The College - • help you decide which Apprenticeship is right for you; • explain the way that Apprenticeships might work for you and what funding is available; • agree a training plan with your apprentice; • recruit an apprentice or support your existing staff into Apprenticeships; • manage the training and evaluation; and • ensure that national quality standards are met and deliver integrated, coherent training. March 2011

Apprenticeships - Progression March 2011

Cobham Apprenticeship Programme 17 17 Document Title Helping the Community Kinson Primary School One day transformation of Courtyard & Playground Apprentices & Graduates working together Using skills gained during training to help others

Summary Employers Need Apprentices Apprentices Need Employers Document Title

Summary Alan Sugar Says; “Apprentices Make things Happen” Document Title

Your Questions…

Cobham Welcomes the Engineering and Manufacturing Employers Forum – 19 April 2012