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New research that assesses adults’ skills showing a wage premium of £3,900 – £5,900 per year!

Date: 1 Mar

Skills Builder Essential Skills Tracker 2022.

By using the Skills Builder Framework to assess adults’ skills across the working-age population, SKills Builder Partnership have been able to generate new insights of building essential skills.

More than 300 careers professionals were able to join the launch of the inaugural Essential Skills Tracker.

By using the Skills Builder Framework to assess adults’ skills across the working-age population, we’ve been able to generate new insights of building essential skills, including:

 

  • A wage premium of £3,900 – £5,900 per year
  • Increased wellbeing scores from 6.0 to 6.5 out of 10
  • A 42% reduction in the likelihood of being out of education, employment or training

 

The report also explores the demographic factors that starkly affect opportunities to build essential skills, and highlights the huge gap between individuals’ aspirations to build those skills and the opportunities they get to do so.

We’re pleased to be able to share the full report with you for download. We know that lots of partners have particular questions and focuses so we have made the data available for you to explore through our data dashboard.

 

If you missed the launch, then don’t worry, as you can watch the whole thing here. Please do continue to share the report widely.

 

Finally, if you’re not already part of the Partnership, I hope you will consider joining the 800 organisations who are working together, using the Skills Builder approach. Please just contact me, and I will point you to the right team leader to continue the conversation.

Written by

Tom Ravenscroft

Founder & CEO

☏ 07825 543 649

Skills Builder Partnership