Saturday, January 11, 2025

Financial services sector launches skills gap investigation

The newly-established Yorkshire and Humber Financial and Professional Services Skills Commission is asking for support from the finance sector as it seeks to build a picture of the skills needed by the sector in our region.

Armed with that information, the Commission hopes to develop a plan that can help in their delivery.

Led by Yorkshire Building Society and supported by industry bodies TheCityUK, the City of London Corporation, and The Financial Services Skills Commission, the Commission plans to engage with a wide range of stakeholders in the region, including those in the financial and professional services industry, education and local government and other sectors.

As part of this, interested parties are invited to submit evidence to the Commission.

Evidence that helps to answer the following research questions is welcomed:

  • Where do skills gaps currently exist in the financial and professional services workforce and where are they likely to change in future?
  • How effectively does the industry attract recruit and retain a diverse pool of skilled people?
  • How effectively does the industry use training and development to improve the skills of its workforce?
  • How effectively do employers, education providers and others in the region currently work together to broaden the skills within the industry?

Evidence that highlights existing good practice in the region or examples of effective initiatives in other industries or regions is of particular interest.

The deadline for submitting evidence to corporateaffairs@ybs.co.uk is Monday 19 June.

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