Employer Investment in Skills by pptfiles

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									Raising Employer Ambition and 
      Investment in Skills

  Presentation to the Superfast 
Broadband event 26th March 2012

         Jeremy Horton
   Senior Investment Manager
UK: Skills challenges (000s)



                                    (Ch 2)




                      (Ch 3&4)                       (Ch 6)
                                    (Ch 5)




                                   Policy
                                   (Ch 7)


   63   1,702     18,682         2,780       2,092
                                                              2
The UK’s economic position




                             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
Government (England)

                                                              HEFCE
 Department of Business, Innovation and 
              Skills (BIS)                                   Universities
                                                              (£6.5bn)


Skills Funding Agency (£4bn)             UKCES
                                         (£100m)

                                          Investments,
Further Education                             NOS, 
                       National 
  400 colleges                           Apprenticeships
                     Apprenticeship 
 Private training       Service                LMI
    providers                          Investors in People
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    “The skills and capabilities of our 
skills levels to help drive            people are ultimately the basis for our 
productivity, growth and jobs.”        long-term competitiveness.” 
Vince Cable, Secretary of State for    Charlie Mayfield, Chairman
Business, Innovation and Skills
  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                         Large Employers         Small/Medium Enterprises           Trade Unions         Voluntary  Sector      FE and HE
                                              Administrations
  Charlie Mayfield, Chairman of        Sir Adrian Webb, Chairman Wales        Dr Bill McGinnis, NI Advisor on     Willy Roe,  Chairman Highlands            Chris Hyman,  Chief Executive of 
  John Lewis Partnership               Employment and Skills board            Employment and Skills               and Islands Enterprise                    Serco Group PLC

  David Fairhurst, Chief People      James Wates, Deputy Chairman  Larry Hirst, Former Chairman of IBM           Valerie Todd, Director of Talent and     Trevor Matthews, Director of Aviva 
  Officer of McDonalds Europe        of Wates Construction Ltd.    Europe, Middle East and Africa                Resources at Crossrail Ltd.              UK

  Nigel Whitehead, Group managing director         Lucy Adams, Director of     Jeremy Anderson, Chairman Global        John Cridland, Director              Sean Taggart,  Owner and Chief 
  of programmes and support, BAE Systems           Business Operations, BBC    Financial Services, KPMG LLP            General, CBI                         Executive, The Albatross Group

  Julie Kenny, Managing            Grahame Smith, General Secretary of    Dave Prentis, General        Brendan Barber,                Seyi Obakin, Chief           Liz Sayce, Chief Executive, 
  Director of Pyronix Ltd.         the Scottish Trade Union Congress      Secretary, UNISON            General Secretary, TUC         Executive, Centrepoint       Radar

  Lord Victor Adebowale, Chief      Dr. Deidre Hughes, Lead Consultant                 Tony Lau-Walker, Chief Executive         Prof. John Coyne, Vice Chancellor, 
  Executive, Turning Point          European Lifelong Guidance Policy Network          officer, Eastleigh College               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. 
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                 i                 Ret                 e s                                      e
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                                                       a S                                      s
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                                                                              Agriculture
                 l                                                                              P
                                                           Construction




                                                                                            Business 
                                   Aut                 t u
                                 Leisure, 




                                                                                            Services
                                  Retail  
              Public 




                 s                                     i m                                      a
              sector




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                 f                 otiv                v m                 • E                  r
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The 21 SSCs



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                 ee                                    k                     t                  i
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                                   Manufacturing
                Manufacturing
                                    l                                        i                  c




                                                                                             Transport
                                                   and Media
                 m




                                                    Creative 
                                                       s




                                                                          Energy
                 e                  s                • S
                                                                             l                  s
                 n                                                           l
                                                       k
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Driving increased investment

                                                 “I am discussing with 
                                                 the UK Commission 
   The Growth and Innovation Fund (GIF)          for Employment and 
     and the Employer Investment Fund            Skills what would 
      (EIF)   provide seed capital to build      happen if 
   skills solutions  to stimulate enterprise,    government were 
                                                 really to get out of 
   jobs and growth, secure  greater  skills 
                                                 the way – leaving 
    investment and help employers take           employers, trade 
     greater ownership of skills, as a vital     unions and the 
       source of competitive advantage.          education sector to 
     Our first rounds of investment have         drive the vocational 
                                                 skills agenda...’
      demonstrated a clear appetite for          The Rt Hon Vince 
         employer and government co-             Cable MP, Secretary 
  investment  for  ‘best market solutions’.      of State for Business, 
                                                 Innovation and Skills
                                                  5 October 2011
                                      r               ed 
                                                      14           secon
                                      g                            d 
                                      a               EIF 
                                                      an           round 
                                      n                            of the 
                                      i               d 
                                                      10           Emplo
                                      s                            yer 
                                      a               GIF 
                                                      pro          Invest
                                      t                            ment 
                                      i               jec
                                                      ts,          Fund  
                                      o
                                      n               inv        • 69 
Driving increased investment




                                      s               est          Invest
                                                      ing          ment 
                                    • 3                            plans 
                                                      ov
                                      1                            total 
                                                      er 
                                      E                            £61m
                                                      £1
                                      I
                                                      1m,        • Start 
                                      F
                                                      ma           Januar
                                      p
                                                      tch          y to 
                                      r
                                                      ed           April 
                                      o
                                                      by           2012
                                      p
                                                      £1
                                      o
                                                      2m 
                               received in 2011
                                      s                          • End 




                                                                                GIF Round 2 
                                                                 EIF Round 2 
                                                      em
                                                  Investments 
                                      a                            Januar
                                  Proposals 
                                                      plo




                                                                  Proposals


                                                                                 Proposals
                                      l                            y 
                                                      yer 




                                                     made
                                      s                            submis
                                                      inv          sion
                                      f
                                                      est
                                      r                          • £25m 
                                                      me
                                      o                            availa
                                                      nt 
                                      m                            ble
                                      2                          • Rolling 
                                      1                            progra
                                      S                            mme
Investments to date in 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..... 
What are we looking to invest in? 

                                       Owner
                                        ship

                                                        Innovatio
                     Sustain                              n and 
                                                          added 
                      ability      A successful           value
                                     GIF Best 
                                      Market 
                                   Solutions bid


                            Delivera
                             bility               Impact


                           Investment In 
  Strong Business                                                   Enterprise, Jobs 
                             Innovative        Scale and impact
     Ownership                                                         & Growth
                              Solutions
Logic Chain




                             Outputs & 
   Issue       Solution      Outcomes      Impact



            Support?                         ROI: 
                          Measurable 
                                          Enterprise, 
Evidence?   Activities?   believable, 
                                           Jobs & 
            Leadership    sustainable
                                           Growth
Employer ownership agenda

       1. Employers should have the space to
       own the skills agenda



       2. Skill solutions should be designed by
       employer-led partnerships to reach more
       people and businesses


       3. Grant funding should flow directly through
       responsible employers giving them greater
       purchasing power in the skills market with
       providers
                                                       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 at info@ukces.org.uk or call our main reception on 
01709 774800 

Or Jeremy.Horton@ukces.org.uk
07785 512389

Wath-Upon-Dearne office 
Renaissance House
Adwick Park
Wath-Upon-Dearne 
South Yorkshire 
S63 5NB 

London Office 
                      www.ukces.org.uk
28-30 Grosvenor Gardens 
London SW1W 0TT 
Tel: 0207 881 8900
Employer Investment Fund:  
Investment details
      Asset Skills:                                                       Equality & Diversity
      The projects supports 425 women to improve low level skills and     £318,750
                                                                          Carol Shillito
      qualifications and leads to a rise in women occupying senior and 
      management positions.
Employer Investment Fund:  
Investment details
      e-skills UK:                                                              Employability
      The project if for an improved pipeline of talent into the IT industry.   £499,630
                                                                                Mark Feeney
Employer Investment Fund:  
Investment details
      Semta:                                                                  Redeployment
      The project will ensure that high valued skilled employees displaced    £450,000
                                                                              Carolyn Mason
      following the strategic Defence and Security Review are retained and 
      employed within the growing Advanced Manufacturing and Engineering 
      sector.
Growth and Innovation Fund:  
Investment details
      Employment Related Services Association:                                   Professional Standards
      The project will introduce a Professional Institute which will act as a    £480,760
      regulatory body for the development and maintenance of quality 
      standards, in addition to developing a voluntary licence to practise 
      scheme.
Growth and Innovation Fund:  
Investment details
      People 1st:                                                              Career Progression
      The project will create a Hospitality Guild which will broker 500 new    £1,745,785
      apprenticeship places, introduce four voluntary licence to practise 
      schemes and support 15,000 unemployed people to find work.

								
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