Last month we celebrated the second anniversary of the Skills Pledge, an initiative which has had unprecedented success since its first launch.

In two years, over 16,295 employers, ranging from FTSE companies to Government departments to SMEs have made the Pledge and today, over 6.3 million people are covered by the Skills Pledge. These numbers have exceeded our targets because businesses and employers are increasingly recognising that training carries huge benefits not only for them, but also for the workforce and the wider economy.

Making the Pledge is a way for companies and organisations to show a public commitment to developing the skills of their employees, including all of those lacking basic skills or a first full Level 2 qualification.

The Skills Pledge is a promise that, through training, employers will work to boost the productivity and efficiency of their organisation. It is about realising the potential of employees by developing their basic skills and working towards relevant, valuable qualifications, in turn, demonstrating just how important the workforce is by making a public show of that belief.

There are also benefits for businesses as a whole. When considering the alarming fact that those who do not train their workforce are 2.5 times as likely to fail as those that do, it helps to reinforce just how important a commitment to training employees is in determining an organisation’s success. Employers are encouraged to upskill their people to the level required by their industry and their specific organisational needs.

We also know, through research, that those who do not invest in their workforce, are sacrificing committed, high-value, productive employees who have the potential to boost the reputation and quality of the business. In fact, the National Audit Office discovered that an encouraging 90 per cent of companies said training had resulted in demonstrable benefits such as increased productivity, improved employee morale, better employee commitment and involvement in the business.

You may ask what effect the Pledge has on businesses. The Skills Pledge is not simply a promise, but a guarantee to implement positive measures and develop tailored action plans. Organisations will be able to drive forward one comprehensive, strategic training programme for the entire workforce, resulting in cost and time efficiencies. Over a third of businesses that have made the Skills Pledge now have a robust training programme in place. This proves how businesses who make the Pledge are actively working on real schemes and programmes for their workforce in order to equip them for the future.

Part of the Pledge also allows employers to drive forward and establish a culture change in the workplace. It enables organisations to take control of training and focus on the skills that they need to succeed, but at the same time improves morale and provide staff with the opportunity to improve their wider careers and life prospects.

Despite the challenging economic circumstances that we currently face, employers are continuing to make the Skills Pledge. Having been convinced of the need to invest in skills and training throughout more difficult times, employers are strengthening their organisations in preparation for when the upturn comes.

The National Employer Service recently held a seminar/conference to look at how new industries emerging in Britain require new skills. During the event, E.ON and DSG Retail Ltd were presented with their certificates of commitment to making the Skills Pledge. An increasing number of organisations are making the Pledge because they understand that for Britain to be more competitive and more successful in the future, we need to invest in the skills of our workforce now so they can adapt to the changing industries and environment.

The Skills Pledge has been a great success but there is more to do. The Pledge is not just about recognising the potential of employees by developing their basic skills; it is also about working towards a successful company. We need to pass on the message to businesses and organisations that making a public commitment through the Skills Pledge is making a strong and positive commitment to your business and the people in it.

Chris Banks is chairman of the LSC, which exists to make England better skilled and more competitive

 

Read other FE News articles by Chris Banks:

LSC chairman Chris Banks: 'One year on for the Training Quality Standard'

 

You may also be interested in these articles:

Register, Login or Login with your Social Media account:


Advertisers

Upcoming FE Events

Advertiser Skyscrapers

Latest Education News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In May 2020, FE News had over 120,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

Sector News

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.

Podcasts

We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

Events

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

 RSS IconRSS Feed Selection Page