Business training is key to boosting the economy, but Wales needs to make sure its business schools are delivering the training the country needs, the Welsh Government’s business training minister has said.
Welsh Secretary David Jones made the remarks at a Welsh business forum on Monday.
The Welsh Government has identified two key areas for improvement in the business training sector: workforce development and job placement.
The first is the training of young people who are on the move to take on new careers.
Jones said it would help Wales retain skilled talent, and the second was better retention of apprentices and trainees.
The Government has been reviewing the business skills training curriculum for apprenticeship courses in the past year.
“I think we have a good opportunity to make an improvement in business training and retention in Wales,” Jones said.
In addition to the new apprenticeship training, the government is also looking at how it can provide more apprenticeship support to business workers.
The Welsh Government also wants to make the transition to full service employment more straightforward for young people, and to create more jobs for young Welsh workers.
It has also put in place a Welsh-wide apprenticeship scheme.
Wales is also putting in place an apprenticeship levy for businesses in Wales.
With the Welsh economy on the brink of collapse, and businesses unable to cope with the influx of foreign workers, Jones said that business training is critical for keeping Wales on the front foot.
But what about business retention?
“Business retention is a really important thing for us,” Jones added.
He said the Welsh government is currently examining how it could improve business retention in the sector.
However, he stressed that business retention is only one piece of the puzzle.
“The Government needs to have a long-term vision for the future and its about building Wales up so it can be a thriving, vibrant, export-driven economy, Jones added, adding that Wales needs an economic strategy that takes advantage of the skills of its young people and is based on the realisation that our people are coming from Wales and not just to the UK.
We need a strong economy so that we can keep attracting the best people, to help grow our economy, to keep it vibrant, and also to ensure that Wales is able to retain its most talented people.””
We need to be able to recruit, train and retain people in the best circumstances, and that includes people coming from other parts of the world,” he said.
“We need a strong economy so that we can keep attracting the best people, to help grow our economy, to keep it vibrant, and also to ensure that Wales is able to retain its most talented people.”
That is a big part of our job, and it is a huge challenge for the Welsh people to tackle it.
“The new apprenticeships programme could help in that regard.
Last week, the Wales Business Council announced that it would create an apprenticeships program to help support businesses across the country to recruit and retain talent.
Businesses would pay the government up to £2,500 towards their training costs, and they would be eligible for a 20 per cent discount on the cost of their training.