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Seb Anthony

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Business Case for FE


The business I work in has reduced from 1150 to 750 employees in 18 months. Along with that has been severe pressure to reduce fixed costs. Our newly appointed American parent company General Manager now insists that a Business Case be made for all training including FE studies, even for those part-way through courses eg just finished Yr 1 of a 2 year HNC. This affects mainly engineers.

By 'Business Case' the GM is looking for a £s+ return on every £ spent. In previous companies I could use, and measure, such things as the cost of turnover, recruitment etc to replace such people. However, in the current climate when someone like this leaves it is taken as another chance to reduce headcount, and as such almost welcomed by Executive management.

Any suggestions on other measures that a £s return can be put to would be most welcomed.
Paul Wadsworth

One Response

  1. put in to get back
    I would start looking for another job.

    Training is an investment in the future. Even non work related training helps employees self esteem and promotes the learning process.

    Such training need not be expensif and might even only amount to time off for exams and some revision.
    Any company company not prepared to invest in the development of its employees some form or another is takinga n extremly short term view.


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