Over £20m Generated Back into the Economy thanks to English and Maths for the Employed

Over £20m Generated Back into the Economy thanks to English and Maths for the Employed

A latest independent report has hailed English and Maths for the Employed as a huge success; the £3.1m project has supported over 600 businesses and enabled over 1,500 employees throughout Yorkshire & Humber and the North West Region to access fully funded English and Maths qualifications.

The most positive findings to come out of the evaluation show that employers consistently report that English and Maths for the Employed has generated more positive outcomes for employers and employees than originally anticipated.

Benefits to Employees:

Satisfaction with the MEPE training amongst employees was very high: 96% said they were satisfied, a large proportion of which answered ‘very satisfied’. The vast majority said there was nothing that could have improved their satisfaction levels further. Employees consistently reported having learnt a lot and found the tutors to be very knowledgeable. More than half said their motivation had improved and just under half cited improvements in promotion/career development prospects, job satisfaction and job security. Overall, the training appears to have exceeded employees’ expectations.

Benefits to Employers:

Overall, employers have been extremely satisfied with the training their staff have received through the MEPE Project. More than 90% provided positive feedback on its relevance and quality and the extent to which it was up to date with developments in their sector. 90% of the employers in the evaluation survey said that participants’ skills in these areas had improved. More than two thirds of employers said that the day-to-day running of the business had improved as a result of the MEPE Project.

The feedback from employers has been overwhelmingly positive. One business that benefitted was Howard Court Care Home, who accessed the funding through NCC Skills Ltd.

Michael Dresser of Howard Court Care Home comments on the benefits of the training; “Training has given staff increased confidence and improved skills. Some have advanced into senior positions as a result. Staff are now enthusiastic to improve in all areas with ongoing training.”

Economic Impact:

Over the full working life of all the employees who have accessed funding the estimated Net Present Value (NPV) is between £14.6m and £20.9m, a very significant return on the contract value of £3.1m. The English and Maths for the Employed project has resulted in an above average return on investment, and for every £1 of Government funding that was claimed between £4.70 and £6.80 of economic contribution will be generated.

Visit our dedicated page here to access the full report.

Hear from one of our providers, DC Training about the Impact of English and Maths for the Employed:

The project, which was funded through the European Social Fund and co-financed by The Skills Funding Agency has supported over 600 businesses and enabled 1,500 employees throughout Yorkshire & Humber and the North West Region to access training and develop skills, ensuring that staff are given the support to progress, and businesses are able to build stronger and more productive workforce.

Case Study

Fully funded training for administration staff benefits whole team of counsellors working in schools in the Tees Valley

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