1. Talent Retention Project Advanced Engineering South West Talent Retention Scheme For the South West

2. History Impact of 9/11 events in the Midlands – Engineering firms particularly aerospace – Rapid cost reduction – Headcount impact – “Brain drain”, 70% affected individuals left the sector

3. Context Winter 2008/9 – Business confidence dropping – Job losses – High value skills important to South West Engineering/technical/manufacturing Creative/digital media Financial services – Lessons from Midlands

4. FINANCIAL SERVICES (Regional) NSA Finance

5. What is it? Advanced Engineering, Renewables & Nuclear Match talent to relevant opportunities quickly High value skills – Engineering, Technical, Supply Chain, IT Cover all Skilled individuals Supports geographical mobility issues – Fully mobile – Local mobility

6. How does it work? Sector specific Local focus & national network Business support – Recruitment – Redundancy Face-to-face support – Emotional and practical support On-line rapid match system

7. Results to date 309 individuals successfully completed process. Circa 100 live in process – 842 face-to-face sessions delivered 224 businesses contacted.120 businesses actively engaged to date – 300 to 400 live vacancies at any time

8. Contact details Project team: 01275 878231 Email: enquiries@skillsretention.co.ukenquiries@skillsretention.co.uk Web: www.talentsouthwest.org.ukwww.talentsouthwest.org.uk