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The Wolverhampton Growth Pledge

The Wolverhampton Growth pledge is a commitment by employers to address any skills issues that they maybe facing.

The facts

  • companies that train are more likely to succeed than companies that don't and those companies that don't train are twice as likely to go out of business
  • a fifth of economic growth is due to improvements in workforce skills
  • so just 1% growth in the Wolverhampton Economy (currently £4.3b Gross Value Added) will mean an extra £43m per annum

The benefits of training

Investing in skills and training has significant benefits for businesses, their employees and our economy including:

  • free expert advice on business and skills
  • higher productivity and efficiency levels
  • improved levels of customer service
  • a motivated workforce
  • higher retention rates
  • being an employer of choice
  • a positive perception by others - clients, employers, community and competitors

The pledge is applicable to private, public and voluntary sector organisations.

What you can pledge

Invest more in skills such as:

  • on the job / bespoke training
  • accredited qualifications
  • work shadowing
  • management training
  • fast track schemes

Mentor a budding entrepreneur such as:

  • provide advice
  • share ideas
  • introduce contacts
  • identify support
  • help when and only as often as you can

Build links with education such as:

  • develop relationships with schools, colleges and Universities
  • offer talks and visits on your sector/business
  • shape careers advice
  • offer work placements and experience
  • sponsor awards and competitions/initiate enterprise challenges
  • offer mock interviews

Offer work placements to young people and to unemployed adults such as:

  • various lengths of time
  • wage incentive
  • open to all ages
  • free matching service

Offer an apprenticeship such as:

  • free recruitment and national advertising
  • over 200 types of apprenticeships
  • progression to a higher level qualification
  • fully funded training for 16-18
  • AGE 16-24 grant for up to £1500

Making a pledge 

Companies of all sizes and sectors across Wolverhampton have already supported the campaign, make your pledge today.

Make a pledge button
Make a pledge button
 

Contact us

For more information about the Growth Pledge and how it could help your business: 

A member of the team will be in touch.