Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

ITF Applauds Aotearoa New Zealand Skills Pledge

The announcement that major New Zealand companies have agreed to double their on-job training hours is warmly welcomed by the Industry Training Federation (ITF).

In its report, A Future That Works, the Prime Minister's Business Advisory Council (PMBAC) has rightly identified the need to offer lifelong learning to people through their workplaces, to meet skills and productivity challenges in an increasingly automated world of work.

New Zealand is ranked first in the OECD for participation rates in formal on-job training. This includes 146,000 ITO-arranged traineeships and apprenticeships, delivering 50,000 qualifications through 25,000 New Zealand employers, representing over half of all formal vocational education currently provided in New Zealand.

"Vocational education needs to be responsive to the labour market, otherwise it is not really vocational." says ITF Chief Executive Josh Williams. "The best way to address skills shortages and increase productivity is by investing in our workers, through their workplaces. Training people in the industries they are working develops skills productively, and ensures there is a match between skills development and industry need."

The OECD result shows that New Zealand employers have a strong culture and commitment to training. However, as the PMBAC report notes, 97 percent of New Zealand business are Small and Medium Enterprises, which can lack time, certainty, and infrastructure to engage in formal on-job training. New Zealand's Industry Training Organisations support large and small employers to access a quality assured training infrastructure linked to nationally recognised credentials. They work with individual employers to arrange quality assured training that fits around the workplace.

"We need to ensure that when people are gaining skills on-the-job, they get respected credentials and qualifications, so they can be recognised and rewarded by future employers for what they know and can do.

"The commitment by some of New Zealand's best known companies to double their on-job training hours is a fantastic step forward, we add our encouragement for more private and government sector employers to join the pledge" says Mr Williams.


ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Tegel: Chicken Prices On The Rise But It’s Still The Favourite Protein For Kiwi Families

A combination of domestic and international factors is forcing New Zealand’s largest poultry supplier Tegel to raise its prices from July. The roughly 10% price rise is a result of ongoing cost pressures on the industry, including increases in labour... More>>

Hospitality NZ: Hospitality Wages Jump 9% To Pass Living Wage
Wages and salaries across the hospitality sector continue to increase despite businesses having to battle through some of the toughest trading periods in living memory... More>>



Climate Leaders Coalition: Launches New Statement Of Ambition, Appoints New CEO Convenor

The Climate Leaders Coalition is tonight officially launching a new Statement of Ambition to accelerate business action on climate change... More>>


MYOB: New Data Shows Increase In SMEs Experiencing Stress And Anxiety

The lingering impacts of the COVID-19 pandemic have led to a surge in the number of local SME owners and operators experiencing stress and anxiety, according to new research from business management platform, MYOB... More>>



Carbonz: Cashing In On Carbon: The New Marketplace Helping Native Forest To Thrive

The country’s first voluntary carbon credit marketplace, Carbonz, is here to restore native biodiversity and help Aotearoa reach its carbon zero goals by selling the first carbon credits exclusively from native forest... More>>
Entrust District: Dividend Will Be Welcomed After Another Tough Year
We’ve all heard of the saying; “if it sounds too good to be true, it probably is” but for Aucklanders within the Entrust District, getting their share of Entrust’s 2022 annual dividend payment really is as good as it sounds... More>>