Skills
Thursday, January 20th, 2011We have a wealth of talent in the region. The West Midlands labour force is renowned for being experienced, dynamic and, above all, hard working. We have a resourceful and skilled workforce of 2.6 million people employed across a range of sectors throughout the region. With a range of academic, vocational, sector specialised, on-the-job training and educational opportunities, we have a true commitment to maintaining and developing the highly skilled workforce that contributes so much to the region’s commercial calibre.
Look at some of the evidence.
- The West Midlands labour force of 2.6 million is projected to grow to 2.7 million by 2006.
- Managers, professionals and technical staff account for 37% of the region’s skills base.
- Skills are spread across a wide range of sectors, such as manufacturing (460,000 employees), business and professional services (371,000 employees) and ICT (74,000).
- 67% of companies have employees with language skills.
- There are a host of multi-lingual centres in the area including Capita, Elf Aquitaine, Fedex, Forte Reservations PwC and RAC.
- Each year, 41,000 students benefit from one-year work placements in the region with over half of these students choosing to remain in the region for employment upon graduation.
- The University of Warwick operates the KITTS scheme, which enables regional businesses to draw on University talent to solve particular business problems at a subsidised rate.
- The average weekly wage in the West Midlands is £355.85 and staff costs are typically a third cheaper than in Greater London.
Our workforce possesses advanced skills across all sectors ranging from traditional manufacturing practices to design-led or professional services capabilities. Our rich and varied skills base forms the backbone to the region’s productive industry and fertile economy.