Building a workforce for the future

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The world of work has changed dramatically in recent years. Gone are the days of jobs for life in which an individual might work for a single employer until their retirement. Today, organisations operate in an environment of constant change and, therefore, they need to adjust their structures and work patterns to adapt to these changes. This requires individual employees to be more flexible in their approach to work. Individuals entering work need to engage in a process of lifelong learning, continually adding to their portfolio of skills, knowledge and capabilities. This case study focuses on ways in which a well known business organisation has set about building a workforce to meet the challenges of the future. It examines the recruitment of young people with the necessary qualities of innovation and adaptability to operate in a challenging business environment. Additionally, it outlines some of the important training schemes developed to help trainees progress whilst working for the organisation. The equitable life assurance society The Equitable Life Assurance Society is a successful provider of financial and associated services consisting mainly of Life Assurance and Pensions. It focuses on high net worth individuals (i.e. people whose incomes and wealth are higher than…

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