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Recruitment and Retention in the Advisory and Financial Sector


Client:
Birmingham and Solihull LSC

Date completed:
September 2003

Project description:
The purpose of the research was to explore the following:

1. The sector's recruitment needs and employment opportunities on offer, broken down by sub-sector

2. Employers' recruitment and selection policies and any limitations associated with these, which may act as barriers to people entering the sector

3. Employers' HR and workforce development policies and the influence of these policies on staff retention.

The assignment was undertaken utilising a combination of self-completion survey returns and in depth face-to-face interviews.

The report set out a number of practical actions in relation to different sub-sectors.

These included actions relating to enhancing career entry and progression routes, tackling diversity issues, improving labour market information, accessing examples of good practice, tackling skill problems, improving the image of specific sub sectors, supporting growth, and enhancing workforce development procedures.

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