See all posts by Rupert Hargreaves Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” Rupert Hargreaves | Sunday, 2nd August, 2020 The price of gold has surged in recent weeks. Following this performance, some investors may be considering buying the yellow metal ahead of further gains. However, investing in gold does not guarantee returns. As such, I’d rather make a million following Warren Buffett’s investment strategy. Invest like Warren BuffettWarren Buffett’s investment strategy is based around a simple idea. He wants to buy cheap stocks. The method he uses to evaluate whether or not a company is cheap is to look at its cash flows. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This simple analysis allows the billionaire to understand how productive a business is and what sort of returns it can generate for shareholders. It’s impossible to do the same with gold. Because gold does not produce any cash flow, its price is determined by supply and demand. That means it is impossible to tell what the price of gold will do over the next five or 10 years. On the other hand, it is possible to roughly estimate the sort of returns a stock could generate over the same time frame using Warren Buffett’s investment strategy. The shares of a company that earns a return of 10% on its assets every year, for example, could produce annual returns of as much as 10%. The road to a millionTherefore, it may be much easier to make a million using Warren Buffett’s approach rather than trying to guess what the future holds for the price of gold. Another advantage of investing in stocks rather than gold is the fact that companies can return cash to investors. For example, the FTSE 100 currently supports a dividend yield of 4.3%. On the other hand, investors buying gold today will not receive any income. It may cost money to store the precious metal. Warren Buffett has made billions by using this approach over the years. By analysing the cash flows and profitability of companies, he’s been able to pick the most profitable ones, and this has helped him outperform the market. Investors may be able to replicate this approach by focusing on high-quality stocks that earn attractive profit margins. The bottom lineIt is impossible to tell what will happen to the gold price or stock prices in the near term. However, over the long run, stock prices have outperformed gold because they reflect the performance of the underlying business. Gold prices only reflect market sentiment towards the precious metal. Warren Buffett has been able to use this discrepancy to grow his wealth significantly over the past few decades. There’s no reason why the average investor cannot replicate his success in the market by focusing on stocks rather than gold. There’s no guarantee equity prices will outperform gold in the near term, but over the long run, there is plenty of evidence that supports the conclusion that stocks are by far the better investment. Image source: The Motley Fool Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Forget gold! I’d rather make a million by following Warren Buffett’s strategy Enter Your Email Address Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. 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Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Harshil Patel “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images Simply click below to discover how you can take advantage of this. Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. The UK economy suffered its biggest slump on record as lockdown measures pushed the country officially into recession. However, a recessionary environment can be the best time to invest in cheap UK stocks in my opinion. Temporarily unloved sectors can be filled with stock market bargains.It may be hard to imagine how just £100 per month could help you get rich and retire early, but investing regularly over a long period of time can have a compounding effect on your investment. Buying cheap UK stocks today could allow you to average a lower price and improve your long-term returns.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Finding cheap UK stocks in a recessionAs the economy takes a lurch down, it’s possible to find good quality, cheap UK stocks – many of which may have been rising stars for many decades. The most common place to look is in the FTSE 100, the UK’s leading blue-chip index. However, it is heavily weighted towards banks and oil companies that tend to dominate the index, and as a result isn’t really representative of the wider economy.I consider the FTSE 250 index a much better place to search for cheap UK stocks. Here you will find more small and mid-sized companies, with a more balanced variety of both growth and value stocks. I believe smaller companies have more potential to become the giants of the future. As the investment veteran Jim Slater once said, “elephants don’t gallop”.Over the long run, stocks in the FTSE 250 have recovered well from recession lows. For example, over the past 10 years, the FTSE 250 produced an annualised return of approximately 9.1%, including dividends. In comparison, the FTSE 100 returned 7.5% annually, according to my calculations. Invest regularly in a stocks and shares ISADue to the wonders of compounding, seemingly small differences in annual percentage return can add up to a mind-boggling sum. I’d argue it’s important to invest regularly in cheap UK stocks over many years to help you to maximise your retirement pot.For example, a 20-year-old investor might start an investment today with £10,000, adding just £100 per month, until they reach their expected retirement age of 65. An investment that returns 7.5% per year would produce a total at age 65 of approximately £688,000.In comparison, an investment that returns 9.1% per year would produce a much larger sum of approximately £1.2m! So how can investing in cheap UK stocks help you to retire earlier?To demonstrate, let’s assume that you would like to retire with £688,000, which could provide you with an annual retirement income of £28,000. According to my calculations, by investing at an annual return of 9.1%, instead of retiring at 65 you could retire six years earlier at 59.As shown in this example, an earlier retirement doesn’t need to be too expensive. A starting point of £10,000 plus just £100 per month can be enough, provided you start early. Starting your investment early provides ample time for cheap UK stocks to grow into valuable UK stocks. Investing in a recession? How just £100 a month in cheap UK stocks could help you retire early Harshil Patel | Monday, 17th August, 2020 Our 6 ‘Best Buys Now’ Shares
By Gary Truitt – Oct 28, 2015 Facebook Twitter Home Indiana Agriculture News Wells County Receives USDA Rural Development Funding SHARE Previous articleClosing CommentsNext articleRFA Partners with RFF to Offer National Ethanol Conference Scholarships Gary Truitt USDA Rural Development has announced the selection of Wells County Revitalization, Inc. as a recipient of a $43,000 Rural Business Development Grant (RBDG). Today’s announcement is one part of the United States Department of Agriculture’s efforts to strengthen the rural economy.;This project will develop a Northeast Indiana Regional Foodshed Development Strategy. Funds will be used to create a regional Foodshed profile and create its own study-specific data including survey responses, community input, and feedback collected.Northeast Indiana is home to a network of food businesses that provide a vibrant food economy and enhances the quality of life. A collaborative regional approach to the food network will capitalize on the region’s agricultural strength and create opportunities for future growth.Philip Lehmkuhler, USDA Rural Development Indiana State Director said, “The funding represents the ongoing efforts to create economic and job opportunities in rural areas by ensuring that strategic investments are made in our small towns and cities. Rural businesses drive community revitalization by providing products and services to local residents as well as throughout the country and world. Projects like this spur important economic development and strengthen communities across Indiana.”USDA Rural Development’s Rural Business Development Grant is a competitive grant designed to support targeted technical assistance, training and other activities leading to the development or expansion of small and emerging private businesses in rural areas that have fewer than 50 employees and less than $1 million in gross revenues. Programmatic activities are separated into enterprise or opportunity type grant activities.President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy, small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values.USDA, through its Rural Development mission area, has a portfolio of programs designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America. Facebook Twitter SHARE Wells County Receives USDA Rural Development Funding
Organisation March 4, 2002 – Updated on January 20, 2016 A journalist wounded near Gardez : Reporters Without Borders asks the interim government to provide security for journalists News Situation getting more critical for Afghan women journalists, report says RSF_en According to information obtained by RSF, Kathleen Kenna, south Asia correspondent for the Canadian daily, The Toronto Star, was injured in an ambush between the area known as Zurmat (some thirty kilometres to the south of Gardez) and Gardez as she was returning to the provincial capital with her husband and a photographer. According to the others in the car, a man suddenly appeared to the left of their car and threw something at it while other individuals attacked from the right. The journalist was hit in the leg by a grenade or a bullet. She was rushed to a hospital in Gardez. No fewer than eight journalists have been killed in Afghanistan since the beginning of the “Enduring Freedom” operation. AfghanistanAsia – Pacific May 3, 2021 Find out more Maria Grazia Cutuli, special correspondent of the Italian daily, Corriere della Serra, Julio Fuentes, reporter for the Spanish daily, El Mundo, Harry Burton, Australian cameraman for the Reuters press agency, and Azizullah Haidari, an Afghani born photographer for Reuters, were all killed in an ambush that was deliberately set for their convoy of journalists on 19 November 2001. Johanne Sutton, reporter for Radio France International (RFI), Pierre Billaud, journalist for the French radio station, RTL, and Volker Handloik, freelance reporter for the German weekly, Stern, were killed on 11 November 2001 on the Shataray front in Takhar province in northern-eastern Afghanistan as they were riding in an armoured vehicle belonging to the Northern Alliance when their column drove into a trap set by the Taliban. June 2, 2021 Find out more to go further Afghanistan : “No just and lasting peace in Afghanistan without guarantees for press freedom” RSF asks International Criminal Court to investigate murders of journalists in Afghanistan March 11, 2021 Find out more Help by sharing this information Receive email alerts News RSF expressed its deep concern for the security of reporters in Afghanistan after the Canadian journalist Kathleen Kenna was wounded in an Ambush near Gardez. News News AfghanistanAsia – Pacific Follow the news on Afghanistan In a letter sent to Hamid Karzai, Afghanistan’s interim president, Reporters sans frontières (Reporters Without Borders-RSF) has expressed its deep concern for the security of journalists in Afghanistan after Kathleen Kenna, a Canadian journalist for the Toronto Star, was wounded in an ambush on 4 March near Gardez (capital of the eastern province of Paktia). RSF has asked the President for details about this incident and to take strong measures to insure the safety of journalists covering the fighting between the American and al-Qaida forces. With this being the biggest land-based operation carried out by the United States since the start of the conflict,” says Robert Ménard, RSF’s general secretary, “it seems more urgent than ever to insure the safety of journalists in the field and to do everything possible not to add to the sad total of journalist already killed in Afghanistan.”
News UpdatesJayalalithaa’s Residence ‘Veda Nilayam’: Madras High Court Allows State Govt. To Inaugurate Memorial, Prohibits Public Entry Sparsh Upadhyay28 Jan 2021 4:31 AMShare This – xIt may not be appropriate for the Government to present the Court with a fait accompli, and to rush to declare open a memorial, when the owners thereof are clueless as to the actual value of the movables that they are entitled to in law: Madras High CourtThe Madras High Court on Wednesday (27th January) allowed the State Government to move ahead with the inauguration event (which took place today) of late Tamil Nadu Chief Minister J. Jayalalithaa’s residence ‘Veda Nilayam’ as a memorial. The Bench of Justice N. Seshasayee, however, noted that the Government should have refrained from opening the memorial and prohibited the public…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Madras High Court on Wednesday (27th January) allowed the State Government to move ahead with the inauguration event (which took place today) of late Tamil Nadu Chief Minister J. Jayalalithaa’s residence ‘Veda Nilayam’ as a memorial. The Bench of Justice N. Seshasayee, however, noted that the Government should have refrained from opening the memorial and prohibited the public entry into the memorial until further hearings in the case. The matter before the Court The petitioners, Deepak and Deepa, preferred separate writ petitions challenging the notification for acquisition of the residence (named “Veda Nilayam”) of the former Chief Minister of the State, Late. J. Jayalalitha into a memorial, or the award passed by the Land Acquisition Officer. The challenge was not only confined to the correctness or the legality of the acquisition of the immovable property in ‘Veda Nilayam’, but to the incomplete process of acquisition of the movables also. It may be noted that ‘Veda Nilayam’ was owned by Ms. J. Jayalalitha. While so, on 05th December 2016 she died intestate. Both the petitioners, Deepak and Deepa, being the children of the brother of Jayalalitha, are the nephew and niece of the former Chief Minister. By an order, the Division Bench has already declared both Deepak and Deepa as the Class II heirs of Ms. Jayalalitha and this means that both Deepak and Deepa are the heirs of late Jayalalitha, the title to all her assets – both movable and the immovable properties, vested in Deepak and Deepa. While the petitions were pending for hearing, the Government notified its intent to declare open the aforesaid residence of the former Chief Minister as a memorial in a function (the function took place today i.e., on 28th January). In this backdrop, the Petitioners challenged the Government’s decision to inaugurate the Memorial. Background On 05th October 2017, the Tamil Nadu Government came up with G.O. (Ms) No. 180 (Tamil Nadu Development and Information (Memorials) Department), granting administrative sanction for acquiring ‘Veda Nilayam’ to constitute it as a memorial for the late Chief Minister. Soon thereafter, the TN Government went ahead with the acquisition proceedings of Veda Nilayam’ (the proposed site of the memorial) under The Right To Fair Compensation And Transparency In Land Acquisition, Rehabilitation And Resettlement Act, 2013 [RFCTLARR Act, 2013]. The question before the Court Whether the respondents should be permitted to declare open the residence of the former Chief Minister as the memorial as scheduled? Court’s Observations The Court noted that the RFCTLARR Act, 2013 does not permit the acquisition of a building to dedicate it as a memorial, for the same does not fall within the ambit of the definition of public purpose within the meaning of Sec.3 read with 2(1) of the Act. In this backdrop, the Court took cognizance of the fact that converting the residential house of late Ms. Jayalalitha will not fall within the definition of public purpose within the meaning of Sec. 2(1) of the Act. The Court further noted that the Government consciously maneuvered the proceedings to deny the petitioner, a right of hearing under the stage of Section 11 & Section 12 of the Act, when it knew that Deepak and Deepa are claiming themselves to be the heirs of late Ms. Jayalalitha. Importantly, the Court noted, “So far as movable properties of late Ms.J.Jayalalitha are concerned, they are not even valued, and it is unfair and impermissible for the Government to declare open ‘Veda Nilayam’ as a memorial when the entire acquisition proceedings is not yet complete.” The Court further opined, “It may have to be underscored here that the petitioners have been relentless in their pursuit to inform the officials at all levels that they are the Class II heirs of late J. Jayalalithaa. Whether ignoring the same and proceeding with the acquisition process, which might have denied the petitioners personal notices under Sec.11 and 12, is appropriate, or how it impacts the acquisition proceedings itself, may have to be assessed only during the final hearing of these cases, but the facts as are now made available before the Court do establish that the petitioners have a strong prima facie case, and an arguable case in that.” Further, noting that so far as the movable properties of late Chief Minister are concerned, no inventory has been made yet, the Court said, “An inventory of these articles therefore has to be taken only in the presence of the parties who are likely to be affected by it. Necessarily, when the Claim Commissioner constituted under the Act, values these articles, he ought to grant the petitioners a right of hearing. Here, this Court finds no provision in the said Act enabling the Government to appropriate the movables belonging to late Chief Minister without awarding compensation to the parties to who they belong.” Importantly, the Court said, “It may not be appropriate for the Government to present the Court with a fait accompli, and to rush to declare open a memorial, when the owners thereof are clueless as to the actual value of the movables that they are entitled to in law.” Lastly, noting that arrangements for holding the function has been made, and any stay of the function might create considerable difficulties for the Government, the Court passed the following Order: The ceremony of opening a memorial alone can take place as scheduled on 28.01.2021. The building shall not be thrown open to public without the leave of the Court; Holding the function on 28-01-2021 will not in any way confer any right to the Government, nor deprive the petitioners of their right in the subject matter of the writ petitions. No flex banners or obstructive hoardings shall be placed; this apart the City Police Commissioner is directed to ensure that no undue inconvenience is caused to those live in the locality The main gate to the premises of ‘Veda Nilayam’ alone can be opened during the function. The building ‘Veda Nilayam’ shall not be opened at any time, even during the function, since taking the inventory of the movables and their valuation is not yet complete. The right, title and the interest of the heirs of late Chief Minister cannot be marginalized. Once the function is over, the District Collector, or such official who has the custody of the keys of the entire premises of ‘Veda Nilayam’ shall hand over the keys to the Registrar General of this Court, since the valuable movables of late J. Jayalalithaa to which the petitioners are now the heirs, have to be valued. Till the function is over, the custodian of the keys shall hold them in custodia legis, and is accountable to this Court. The matter has now been posted for final hearing 24th February 2021. Click Here To Download OrderRead OrderSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
AudioHomepage BannerNews Important message for people attending LUH’s INR clinic WhatsApp Facebook Donegal senator appointed to Oireachtas Education Committee Donegal Senator Eileen Flynn has been appointed to the Joint Oireachtas Committee on Education, Further and Higher Education, Research, Innovation and Science.She says she is fully aware of the inequalities that system, with SNA provision, exclusion of minorities and increasing costs of higher education among the issues she is highlighting.Senator Flynn says she will be focusing particularly on two projects in Donegal……..Audio Playerhttps://www.highlandradio.com/wp-content/uploads/2020/09/flynn1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Arranmore progress and potential flagged as population grows WhatsApp Twitter Loganair’s new Derry – Liverpool air service takes off from CODA Pinterest Twitter Google+ DL Debate – 24/05/21 Google+ Facebook News, Sport and Obituaries on Monday May 24th RELATED ARTICLESMORE FROM AUTHOR Previous articleCouncil set to decide LPT rate for 2021Next articleCouncillor unhappy at changes to Milltown House plan News Highland Pinterest By News Highland – September 28, 2020 Nine til Noon Show – Listen back to Monday’s Programme
Employees penalised for becoming disabledOn 7 Nov 2000 in Personnel Today Related posts:No related photos. Previous Article Next Article One in six people who becomes disabled while in work loses their job within a year, according to the Joseph Rowntree Foundation.In the report Enduring economic exclusion: disabled people, income and work, based on nationally representative surveys, researcher Tania Burchardt suggests that keeping people who become disabled while in work could make a substantial difference to overall rates of employment among disabled people. She said in the report, “Additional support should be offered to individuals when they become disabled in order to retain their employment.” The study found that getting work is more difficult for disabled job-seekers and one-third of disabled people who do find work are out of a job again by the following year. The employment rates among disabled people are around half of the level of non-disabled employment.It also found that half of all disabled people have incomes below half the general population – often taken as an indicator of poverty – when adjustments are made to take into account additional expenditure incurred as a result of people’s disabilities.www.jrf.org.uk Comments are closed.
Previous Article Next Article Manyemployers fear the revamped Modern Apprenticeships scheme will still notimprove vocational standards. Why won’t reforms in its approach make anydifference? By Lucie CarringtonEmployershave been complaining about the quality of young recruits since the MiddleAges, says John Cassels, former head of the National Economic DevelopmentOffice.Thisspring, Cassels was appointed to chair the Government’s Modern Apprenticeshipsadvisory committee. He and his committee have been charged with finding ways toratchet up the scheme and broaden its appeal among employers and young people.“Thecommittee wants [Modern Apprenticeships] to take root and become an essentialpart of the learning scene in Britain. We need to have a hard, practical lookat all the stages of apprenticeships,” Cassels says.Itis the latest sign of the Government’s stated commitment to turning MAs into avalid, vocational alternative to A-levels. But MAs are work-based, and if thescheme is to be expanded, employers have to be kept sweet. While tightening itup may give it a better name among young people and parents, it may not havethe same affect on employers.KeyskillsModernApprenticeships date back to 1994 when the then Conservative governmentlaunched them on to the market for bright 16- to 17-year-olds. They offered apaid job with on- and off-the-job training to NVQ level 3, plus training incore skills – now called key skills – such as numeracy and communication.Employers picked up the wages bill, but subsidies were available to covercollege-based training. Training and enterprise councils controlled thefunding.ModernApprenticeships were trialled in 14 sectors. Some, such as engineering and thechemical industry, had a reasonable track record of old-style apprenticeships.Others, such as retail and IT, were selling the concept to employers fromscratch.Thereare now more than 80 different MA schemes – called frameworks – operatingacross the country. They were developed and are maintained by National TrainingOrganisations. Intheory, apprenticeships are open to anyone up to the age of 25 in England withno age bar in Wales and Scotland. In practice, most of the money goes to fund16- to 18-year-olds. Followingthe demise of Tecs, local learning and skills councils are due to take overfunding responsibility, and there is no sign that the emphasis on schoolleavers will change.Sincetheir launch, MAs have been subject to the changing circumstances of governmenttraining policy – but, on the whole, the system has remained fairly stable.Unfortunately it has not been hugely successful – only half of young people whostart an MA complete it and come out with NVQ level 3. So last year, theGovernment began to announce a series of reforms to beef them up. NationalTraineeships, which were set up in 1997 and targeted at NVQ level 2, wereconverted to Foundation Apprenticeships. In addition, the Government wants tointroduce minimum levels of off-the-job training, minimum entry requirements,and minimum key skills targets. It wants to guarantee an apprenticeship toevery youngster who can make the grade and, to this effect, it has announced a£180m injection to increase the number of apprenticeship places by one-third –from 243,600 to 320,000.Thereforms don’t end here. The then-Education and Employment Secretary DavidBlunkett proposed a technical certificate as proof of the “occupationalknowledge and understanding”, and a diploma as recognition of achievements.There is even talk of a minimum wage for Modern Apprentices.Strikinga chordLastyear, the DfEE put many of these proposals out for consultation with NTOs andother stakeholders who, on the whole, are fairly favourable. They like the name“apprenticeship” – it strikes a chord with employers and young people.“Thingsare going the right way. Everything the Government has been trying to do hasbeen to raise the status of Modern Apprenticeships. We want them to be seen inthe same light as A-levels and a degree by people looking at their options at16 or 18,” says head of research and development at EMTA, Sue Peacock.“Theredoes have to be some recognition that people entering the workforce needacademic and work-based learning. They aren’t alternatives.” Ofcourse, the training community has concerns. There is a fear that the advisorycommittee’s recommendations might water down the apprenticeship brand. When thecommittee was announced, it was sold as a representative working party ofstakeholders who could come up with practical ways of promotingapprenticeships. Butthe committee and its terms of reference suggest something else. Cassels, whohas an impressive pedigree as a thinker and policymaker in the field, is joinedlargely by other thinkers and policymakers, including Richard Layard, directorof the Centre for Economic Performance at the London School of Economics, andHelen Edwards, chief executive of Nacro.Theyhave also been charged with coming up with ideas for all other youth training,including people with special needs and those who aren’t yet capable of reachingNVQ level 2. “I would be concerned if the Government tried to bring them allunder the modern apprenticeship label,” Peacock says.Moreworryingly for the Government, employers feel the changes are irrelevant andsimply add to the bureaucracy. This concerns Richard Beamish, chief executiveof the Print and Graphic Communications NTO. “The reforms over foundationapprenticeships, off-the-job training, technical certificates, key skills andso on are all logical, but they put barriers in the way of employers,” he says.Hecites key skills as one example. Last year, the Government was suggesting thatapprentices should aim for level 3 communication skills, equivalent to A-levelEnglish. And even though it seems likely that this will be reduced to level 2,it is still a tall order for young people who have chosen not to follow theacademic route.KeithDonnelly, general manager for craft training at building firm Carillion, runs amassive apprenticeship programme for the construction industry, taking on about800 youngsters a year. He is particularly annoyed by the Government’s approachto key skills. “Weare dealing with people who did not cope well with the world of school. Butjust because they aren’t academically gifted does not mean they can’t make greatbricklayers,” he says. “I understand the Government’s agenda, but I feel we arebeing asked to make up the shortfall in the education system over the pastdecade.”Testsfor tests’ sake?StevenDonnelly, HR manager for Welsh printing firm Smurfit Print UK, currentlyemploys 12 apprentices. All of them have a minimum of five GCSEs at grade C. Asfar as he is concerned, they have already proved that they are both literateand numerate.“Whenwe’re attracting individuals with good levels of literacy and numeracy, Iquestion whether they should have to go through the process of doing the samething for the sake of it,” he says.Butwhat really upsets employers is that none of the Government’s reforms seems tobe getting to the essence of the problem for them – poor and inconsistentorganisation.TonyLongmire, technical and training director of LGH Group, takes on sixengineering apprentices a year. They are based across the country and he hashad to negotiate with each Tec separately. “Each Tec had its own agenda, itsown funding arrangements and the authority to choose which bits of the modernapprenticeship it wanted to offer,” Longmire says.Noris he happy with the lack of understanding from colleges on why employers getinvolved. One college refused to register apprentices for funding purposes incase they dropped out, while another threatened him with the Data ProtectionAct when he tried to confirm the attendance record of a trainee – who, itturned out, had been bunking off college. Forthe moment, the benefits of MAs still outweigh the disadvantages – the nameattracts good people, it is fairly flexible and government funding keepsapprenticeship programmes afloat.Manyemployers already involved are putting their faith and hope in Learning andSkills Councils. They shouldn’t hold their breath – there may be fewer LSCsthan Tecs, but they will still be concerned with their own regional needs. Finally,whatever the Government says, employer involvement is not high on the nationalLSC agenda. There is only Kim Parish with a personnel and training backgroundon its 13-strong young people’s learning committee. MAs may not yet be for you.TimelineModern Apprenticeships1994– MAs for 16- to 17-year-olds piloted in 14 sectors including chemicals,engineering, retailing and IT. Aimed at bright school leavers, they offeredemployed status and the opportunity to reach NVQ level 31995– MAs rolled out nationally and offered in 80 sectors1997– Government launches National Traineeships following the Dearing review ofqualifications. Traineeships take school leavers to NVQ level 22000– Traineeships renamed Foundation Modern Apprenticeships, and MAs becameAdvanced Modern ApprenticeshipsFurtherreforms include: minimum amount of off-the-job training, technical certificatesand an apprenticeship diploma2001– MAs to be available to every young person who can meet the entry standards Governmentsets up MA advisory committee to recommend further reformsScotlandannounces that it will formally scrap the age limit on apprenticeships 2002– £15m Standards Fund for Apprenticeships to keep training providers on theirtoes to come on stream2001-2004– Target for number of apprentices set to rise by one-third Comments are closed. Breaking with traditionOn 1 Jun 2001 in Personnel Today Related posts:No related photos.
Read full article Previous Article Next Article Organisational risk of the Peter PrincipleShared from missc on 9 Dec 2014 in Personnel Today Comments are closed. The Peter Principle is a concept inwhich the selection of a candidate for a position is based on their performance in their current role rather than on their abilities relevant to the intended role. The business then of course running the risk of promoting someone until they are in a role in which they under-perform. How do we avoid this?From an HR perspective, the risk associated with the Peter Principle can be negated simply taking on-board the direction that an employee wishes to take their career, as opposed to promoting a staff member according to the company organisational structure only. Of course this doesn’t mean that we place less importance on the business objectives, because of course these are very important also – What it does mean that we should be using far more foresight when hiring and aiming to align someone’s key professional growth objectives with the organisational goals as much as possible.When we align an employee’s growth plan with organisational objectives, both parties stand to reap the benefits and in turn minimise risk. The employee is given the opportunity to achieve their professional goals and grow their knowledge and experience in the areas that the business requires that skill/experience which of course limits the likelihood of poor performance.Recruitment needs to become less reactionary (where possible) and more forward thinking and strategic. In doing so, employees will note that you have their best interests in mind along with other commercial interests, and this in turn – in most cases, will be reciprocated in the form of staff being engaged, driven and committed to achievement, all whilst managing potential future risk. Related posts:No related photos.