/ Investors in Young People AGCC Skills meeting Laura Peacock - PowerPoint PPT Presentation

/ Investors in Young People AGCC Skills meeting Laura Peacock – Investors in Young People

/ Need for young talent • Taken from Skills Development Scotland – Regional Skills Assessment – Aberdeen City and Shire November 2014 Investors In People Scotland |

/ Workforce of the Future Investors In People Scotland |

/ Creation of IIYP • Youth employment issue – Government • Design and create framework, Consultation – Employers, partners, young people Launch 8 th July. DYW – 19: Invest in Youth Accolade • • Year 1. 170 clients end March; 143 accredited of whom 80% also used advice; 60 in 2015/16 so far and 98 in conversation/ awaiting dates • Scottish Government backed and % funding available – see later • NEW second generation framework launched 23/7 incl Silver and Gold levels DYW says: “Over the medium to longer term, we would look to the majority of employers to achieve the Bronze entry level as a minimum. Public sector employers are in a strong position across the country to lead by example and would generally be expected to achieve the Gold level.” Investors In People Scotland |

/ What is IIYP • A framework supports organisations looking to recruit, retain and develop young people, and recognition for those that are already doing this. • Focusses on three key elements of Youth Employment – Attraction and Recruitment, Support and Development and Retention. Issues besides youth unemployment - ageing workforce, skills gaps and shortages, talent development, succession planning and Customer insight. • Employing and developing young talent can be the solution. • IIYP supports organisations from across the private, public and third sectors to assist them in meeting their business objectives by engaging and developing a talent pipeline for the future. Investors In People Scotland |

/ Who uses it and how • Used to build and focus activity around Youth Employment to ensure success by placing this on firm foundations of good practice. • Used to evaluate the effectiveness of current Youth Employment activities • Used to celebrate success as an assessment which recognises the organisation’s achievements . Advice & Assessment Framework Guidance Investors In People Scotland |

/ What is IIYP? Retaining Attracting & Recruiting Young Young People People Supporting, Guiding and Developing Young People Investors In People Scotland |

/ Scoping and costs: Scoping is based on: • How many people there are in the organisation (to calculate subsidy offered) • Number of young people 16-24, managers, people involved in recruitment and development, people recruited aged 16-24 and retained, leaders. Include others as required. Costs – approximate guides below – no funding for public sector. No employees relates to employee numbers, not scope. Micro: 0-24 SMEs: 25- Med: 250 -999 Large: 1000+ empls 249 empls empls empls 10 days Package of support – can include advice and/or accreditation 4 days 6 days 8 days Subsidy from Government 75% 50% 25% 0% Average cost to client £801 £2,006 £3,645 £6,975

/ Impact of IIYP • Research study and evaluation report (April 2015) show: • IIYP assists employers to develop knowledge of resources available to them in their recruitment and retention of young people (75% of respondees) • An increase in employers commitment to recruiting young people (70%) • and developing young people (75%). • 80% of respondees also intimated that they were likely or highly likely to renew their accreditation at their next due date despite no funding. • Employers also enjoy the fact that IIYP marks them out as an employer effective in their approach to recruiting, retaining and developing young people, with 100% respondees agreeing with this statement. • NPS score of 95!!!

/ Resources Online tool - http://iiyp.investorsinpeople.co.uk/ Website - http://www.investorsinyoungpeople.scot/ You tube channel https://www.youtube.com/channel/UC3PIBDBWUUI8ohu5wwHvN7w Paper case studies – Ace Winches, Ledingham Chalmers. Others via YouTube and website Ace Winches video: www. youtube .com/watch?v=TCFc_KlRTqg

Investors In People Scotland |

/ Thank you Laura Peacock Tel: 07825 600096 Email: laura.peacock@iipscotland.co.uk Web: www.investorsinyoungpeople.scot Interactive Diagnostic tool – http://iiyp.investorsinpeople.co.uk/