An open letter from some of the UK’s most senior businessmen and union leaders published in national newspapers yesterday, calls on UK employers not to slash staff training in a bid to cut costs as the economic downturn bites.
The letter, from people including Sir Mike Rake, Chairman of BT group and the UK Commission for Employment and Skills, Sir Stuart Rose, Chairman of Marks & Spencer and Business in the Community, Mervyn Davies, Chairman of Standard Chartered plc and Richard Lambert, Director General of the CBI, together with Brendan Barber, General Secretary of the TUC, urges employers to sustain or even increase their investment in training.
The letter says:”Now is precisely the time to keep investing in the skills and talents of our people. It is the people we employ who will get us through. When markets are shrinking and order books falling, it is their commitment, productivity and ability to add value that will keep us competitive. Investing now in building new skills will put us in the strongest position as the economy recovers.”
www.ukces.org.uk
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