Cash incentive for manufacturers to create 200 full-time jobs for graduates

-

An additional 200 graduates are expected to be recruited by businesses in the advanced manufacturing and engineering sector across the UK after funds to support their employment and training were announced today.

Semta, the sector skills council for science, engineering and manufacturing submitted a proposal to the UK Commission for Employment and Skills (UKCES) to provide small and medium sized companies with the grants to support the employment and training of graduates via their Employer Investment Fund (EIF).

The UKCES has now awarded a contract to Semta which will deliver genuine reductions in youth unemployment by March 2013, with at least one third of the opportunities in the devolved nations – Scotland, Wales and Northern Ireland.

Semta’s UK operations director Lynn Tomkins said: “This money will make a real difference. Only 15% of SMEs in Advanced Manufacturing and Engineering (AME) employ graduates. Our ambition is to see this rise to 17% over the next three years.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

“It will take 200 young people off the unemployment register and into paid and productive employment, resulting in them becoming economically active and contributing to UK Plc.”

Semta has been delivering incentivised training and support for apprentices through the EIF but this is the first time grants have been available to specifically help graduate recruitment.

Andy Robinson, MD of Autotech, said the incentive would mean firms like his could work with Semta to recruit with confidence and more quickly than might otherwise have been the case.

Autotech is an SME that design, install, maintain and upgrade electronic control systems and specialising in logistics, automotive, airports, food beverage, facilities and manufacturing who have barriers attracting the right people to meet business needs.

Mr Robinson said: “We need up to six engineering graduates to help us meet business needs and to help bring new skills into our operation. This project will go a long way to helping us achieve our aims.”

Latest news

Transgender staff excluded from single-sex toilets under new equality guidance

Transgender people must be excluded from single-sex toilets and changing rooms that correspond with their lived gender under updated...

Simon Coker: Closing the emotional gap – why AI in the workplace is as much a human challenge as a technological one

AI adoption is transforming how work gets done across every sector. But its deeper impact is less visible: it is reshaping how people feel about their work.

Employment tribunal delays stretch towards 2030 as lawyers warn system is nearing collapse

Employment tribunal hearings are being delayed for years as lawyers warn mounting backlogs are undermining workplace justice.

Keeping culture and purpose at the centre of a growing fintech

A fintech people leader explains how culture, wellbeing and purpose are being protected during rapid business growth.
- Advertisement -

Migrant worker with no right to work in UK wins discrimination case against employer

An employment tribunal has ruled that a migrant worker without the legal right to work in Britain can still pursue successful discrimination claims.

Government to replace some GP sick notes with return-to-work plans

Workers in four English regions will be directed towards personalised health and employment support as ministers test alternatives to GP-issued fit notes.

Must read

Managing stress and absence: a review of HSE guidance

Common mental health problems affect a large number of working individuals and are estimated to be a significant cause of work-related illness. Andrea Broughton and Claire Tyres explain more.

Allison Grant: Father’s Day and paternity rights

With Father’s Day approaching, many men who are to...
- Advertisement -

You might also likeRELATED
Recommended to you