Talent Retention Project Advanced Engineering South West
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Transcript of Talent Retention Project Advanced Engineering South West
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Talent Retention Project Advanced Engineering South West
Talent Retention SchemeFor the South West
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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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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
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FINAN
CIAL
SER
VICES
(Regiona
l)NSA
Finance
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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
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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
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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
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Contact details
• Project team: 01275 878231• Email: [email protected]• Web: www.talentsouthwest.org.uk