A business perspective on skills & guidance requirements 25 May2016

Ibec – the voice of Irish business Ibec is the national voice of business Almost 7,500 members & 70% of the private sector workforce in Ireland Home to 60+ trade associations and sectoral groups Offices in Dublin, Cork, Donegal, Galway, Limerick, Waterford and Brussels Ibec’s policy division

Our starting point A world class education and training system that equips people with the skills and attitudes that maximise their contribution to society and lead fulfilling and rewarding lives

Priorities for 2016 Investment in education More 3rd level options Developing relevant skills & employability Business –education engagement Junior and senior cycle reform Career Guidance

Priorities for 2016 Investment in education More 3rd level options Developing relevant skills & employability Business –education engagement Junior and senior cycle reform Career Guidance

Developing relevant skills Projected average employment growth for the period 2012-2020 by occupational group

Developing relevant skills The future of work - The individual - the world economy and the workplace are changing dramatically. Current three stage life model of education, employment and retirement becoming irrelevant. 1. 15 - 21: early adulthood Full-time education 2. 21 - 65: corporate work A career across 3 companies 3. 65 - 80: retirement Self-funded pension Worker 1977-2057

A MULTI-STAGE MODEL EXPLORER 18 - 30 SELF DISCOVERY INDEPENDENT PRODUCER MAINSTREAM 30 - 45 FINANCIAL ACCUMULATION PROFESSIONAL IDENTITY RELATIONSHIP BUILDING TRANSITION 45 - 48 RESKILLING ACCUMULATION 48 - 63 ACCUMULATION IN DIFFERENT INDUSTRY BUILDING BROAD NETWORKS 63 - 65 RECUPERATION PORTFOLIO 65 - 80 BROAD AND DIVERSE ENGAGAMENT PART SOCIAL CONTRIBUTION RETIREMENT 80 - 100 RELAXATION!

Developing relevant skills Estimates from the US suggest that those in education today will hold 10 jobs or more by the age of 38 A world of work that is less secure but more exciting The pace of technological change -> uncertainty Skills?

Developing relevant skills An appetite for continuous learning 21st Century skills & entrepreneurial thinking STEM Languages Employability Measuring skills demand

More 3rd level options High participation rates in higher education Worrying non-progression rates (16% total, 34% 255-300 points, 52% >200 points) Need to provide a wider range of potential student pathways through vocational further education and apprenticeships A culture change is required to promote apprenticeships

Career guidance More crucial than ever before - A need for a one-to-one advisory service in post primary Greater connectivity required between services Working with employers – the regional skills fora Given the complexity and changing nature of enterprise, occupations and the skills required, career guidance and careers information, for school goers and adult learners is essential for good course and career choices for individuals. Those

Thank you conor.minogue@ibec.ie 01 605 1560