Skills Blog

Unravelling the skills spaghetti

A deal for a deal – Industry tax breaks!

Posted by David on Friday, March 23, 2007

The recent En Passant leadership forum focussed on the actions industry can take and could propose to stimulate investment in developing skills in the workforce.

Brief introductory presentations by Bob Cotton (BHA) and Brian Wisdom (People 1st) set the scene and after much discussion the key conclusions / actions were:

  • Industry must ensure Uk Skills Passport succeeds – and follow the excellent example of Mark Derry of Loch Fyne and Nick Varney of Merlin (and now Tussauds) who are investing in Passports for their teams
  • Bob will lead a presentation to Treasury to present a deal for a deal. Initially a small group will develop the tax breaks / incentives options available. Industry leaders and People 1st will then seek an industry commitment to action on skills development for this treasury concession.

Did you know that 33% of employers do no training whatsoever? 

Research suggests tax breaks are the best method of stimulating investment in skills

How do we stimulate employers to invest in the right skills development? 

 

 A full synopsis of the Leadership forum comments and outcomes is available at www.epmagazine.co.uk

 

 

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