Want to boost your business? Invest in People

Government training schemes come and go, but Roger Trapp has found one that could run and run

Over the years, government training initiatives have come and gone with great regularity. But one that is showing signs of staying power is Investors in People. Not only are increasing numbers of companies able to boast that they are an "Investor in People" on all their communications, they are also claiming that it is helping to improve performance.

Employers are overwhelmingly positive about the initiative's impact - on both the quality of the workforce and on the business itself, according to a report just published by the Institute for Employment Studies. Employers involved with it are more likely to have mission statements and business plans than those that are not; employers that have completed the process are more likely to have formal workforce planning documents, such as human resource strategy papers; and are almost twice as likely to have formal training plans and a training budget.

So what exactly is this apparent catalyst? Launched in 1991, Investors in People is the Government's national standard to help employers improve training and development practices by linking them with business needs. By this spring, 1,200 employers had achieved the standard, while another 12,400 had made a public commitment to do so.

The study, carried out last autumn among more than 1,700 companies in England and Wales, also found that the vast majority of employers already involved intended to continue with it, although some have put the initiative on hold. All those that have already attained the standard intend to maintain it and re-apply when their three-year licences expire.

Fans of the programme believed that Investors - increasingly viewed as the Government's principal tool for improving workforce training and development - had made an impact on working practices in three key areas:

Training. More than two-thirds of employers had changed their training practices and more than 90 per cent believe the initiative has contributed to this change or that it will do so in the future.

Quality of the workforce. Employers believe that Investors has helped to improve employee commitment and increase understanding of wider business aims and objectives.

Business benefits. Two-thirds of organisations believed that Investors had contributed to an improvement in business performance.

The researchers say that a final link between involvement with the scheme and improved business performance has yet to be made, but they are confident that Investors is having an impact.

There is one potential problem. The study says staff believe that their employers' commitment to training has improved. However, it also finds some employees who do not feel well-informed about the initiative, and resistance to the idea from managers and employees at about one in four organisations.

News
A 1930 image of the Karl Albrecht Spiritousen and Lebensmittel shop, Essen. The shop was opened by Karl and Theo Albrecht’s mother; the brothers later founded Aldi
people
Arts and Entertainment
Standing the test of time: Michael J Fox and Christopher Lloyd in 'Back to the Future'
filmA cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Arts and Entertainment
Flora Spencer-Longhurst as Lavinia, William Houston as Titus Andronicus and Dyfan Dwyfor as Lucius
theatreThe Shakespeare play that proved too much for more than 100 people
News
exclusivePunk icon Viv Albertine on Sid Vicious, complacent white men, and why free love led to rape
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Stir crazy: Noel Fielding in 'Luxury Comedy 2: Tales from Painted Hawaii'
comedyAs ‘Luxury Comedy’ returns, Noel Fielding on why mainstream success scares him and what the future holds for 'The Boosh'
Life and Style
Flow chart: Karl Landsteiner discovered blood types in 1900, yet scientists have still not come up with an explanation for their existence
lifeAll of us have one. Yet even now, it’s a matter of debate what they’re for
Arts and Entertainment
'Weird Al' Yankovic, or Alfred Matthew, at the 2014 Los Angeles Film Festival Screening of
musicHis latest video is an ode to good grammar. But what do our experts think he’s missed out?
Sport
New Real Madrid signing James Rodríguez with club president Florentino Perez
sportColombian World Cup star completes £63m move to Spain
Travel
Hotel Tour d’Auvergne in Paris launches pay-what-you-want
travelIt seems fraught with financial risk, but the policy has its benefits
Arts and Entertainment
booksThe best children's books for this summer
Life and Style
News to me: family events were recorded in the personal columns
techFamily events used to be marked in the personal columns. But now Facebook has usurped that
Latest stories from i100
iJobs Job Widget
iJobs Student

Graduate Sustainability Professional

Flexible, depending on experience: The Green Recruitment Company: Job Title: T...

Maths Teacher

£85 - £130 per day: Randstad Education Cheshire: Randstad Education are curren...

Operations and Maintenance Engineer - Solar

£30000 - £40000 Per Annum plus benefits/bonus package: The Green Recruitment C...

Subsurface Solution Architect

£90000 per annum + competitive: Progressive Recruitment: My client, a leader i...

Day In a Page

Noel Fielding's 'Luxury Comedy': A land of the outright bizarre

Noel Fielding's 'Luxury Comedy'

A land of the outright bizarre
What are the worst 'Word Crimes'?

What are the worst 'Word Crimes'?

‘Weird Al’ Yankovic's latest video is an ode to good grammar. But what do The Independent’s experts think he’s missed out?
Can Secret Cinema sell 80,000 'Back to the Future' tickets?

The worst kept secret in cinema

A cult movie event aims to immerse audiences of 80,000 in ‘Back to the Future’. But has it lost its magic?
Facebook: The new hatched, matched and dispatched

The new hatched, matched and dispatched

Family events used to be marked in the personal columns. But now Facebook has usurped the ‘Births, Deaths and Marriages’ announcements
Why do we have blood types?

Are you my type?

All of us have one but probably never wondered why. Yet even now, a century after blood types were discovered, it’s a matter of debate what they’re for
Honesty box hotels: You decide how much you pay

Honesty box hotels

Five hotels in Paris now allow guests to pay only what they think their stay was worth. It seems fraught with financial risk, but the honesty policy has its benefit
Commonwealth Games 2014: Why weight of pressure rests easy on Michael Jamieson’s shoulders

Michael Jamieson: Why weight of pressure rests easy on his shoulders

The Scottish swimmer is ready for ‘the biggest race of my life’ at the Commonwealth Games
Some are reformed drug addicts. Some are single mums. All are on benefits. But now these so-called 'scroungers’ are fighting back

The 'scroungers’ fight back

The welfare claimants battling to alter stereotypes
Amazing video shows Nasa 'flame extinguishment experiment' in action

Fireballs in space

Amazing video shows Nasa's 'flame extinguishment experiment' in action
A Bible for billionaires

A Bible for billionaires

Find out why America's richest men are reading John Brookes
Paranoid parenting is on the rise - and our children are suffering because of it

Paranoid parenting is on the rise

And our children are suffering because of it
For sale: Island where the Magna Carta was sealed

Magna Carta Island goes on sale

Yours for a cool £4m
Phone hacking scandal special report: The slide into crime at the 'News of the World'

The hacker's tale: the slide into crime at the 'News of the World'

Glenn Mulcaire was jailed for six months for intercepting phone messages. James Hanning tells his story in a new book. This is an extract
We flinch, but there are degrees of paedophilia

We flinch, but there are degrees of paedophilia

Child abusers are not all the same, yet the idea of treating them differently in relation to the severity of their crimes has somehow become controversial
The truth about conspiracy theories is that some require considering

The truth about conspiracy theories is that some require considering

For instance, did Isis kill the Israeli teenagers to trigger a war, asks Patrick Cockburn