A radical change is occurring to improve the skills of the UK’s workforce. The Government’s modern Industrial Strategy is set to build a Britain fit for the future by investing in the development of skills to meet the changing needs of business, increase productivity and drive growth across the whole country.
Since April 2017, the Government’s Apprenticeship Levy requires private and public firms that pay more than £3 million in wages to contribute 0.5% of their annual payroll into a fund that will support both new and existing Apprenticeships, aiming to create 3 million Apprenticeships by 2020. The scheme was introduced to diminish the ongoing skills gap and give employers more control over training to suit their requirements.
The Thames Valley labour market continues to perform well. Overall employment rates remain high and unemployment and economic activity remain low, albeit amongst younger people (16-24 years olds) the position is generally less optimistic.
In the last few years, TVCC have –
– Support and direct businesses in taking on Apprenticeships and encourage businesses to support the Government’s commitment to create 3 million Apprenticeships by 2020
– Showcase best practice and case studies from across the Thames Valley region
– Share feedback from local businesses with Government on the quality of Apprenticeships, systems, processes and how it improve communications
Student Encounters with Local Employers & Employees
– Encourage experience of workplaces amongst businesses
– Engage students at Chamber led business networking events
Careers Advice & Strategy
– Support Government in rolling out the Gatsby Benchmark standards
– Share feedback from businesses and academia
Support Overseas Students
– Support academic institutes with the development of international students entering the workplace in the region.
– Support fresh international graduates into skilled employment
Opportunities & Advice for Entrepreneurs
– Guidance and support for entrepreneurs looking to set up a new business
Technology and Engineering
– Bring businesses, academia and Government together, strengthening their working relationships to ensure that the next generation of talent has the right practical and technical skills to meet future demand
– Sustaining and encouraging investment in the skills for the future
– Encourage businesses to provide more quality work experience opportunities for young people and more Apprenticeships
– Capitalising on the value of the Thames Valley’s science and engineering research base
Please contact firstname.lastname@example.org or call 01753 870500 for more information.