Description

Country
Focus area
This project is geared to the young to demonstrate the attractiveness of employment and qualifications within the industry / banking sector. The goal is to inform and attract younger people towards employment in the industry. They provide information based on surveys among the industry / banking sector and the labour demand of the firms. It guides towards qualification providers and further information.
Implementation level
At what level is the initiative implemented?
National
Focuses on a large number of sectors in the country (which is not fixed can increase/decrease over time), it is implemented by a multisectoral business federation
Starting period
TIMESPAN: In what year did the initiative commence?
2018
Perspective
PERSPECTIVE: is the initiative based on evidence derived from skill forecasts or foresight activities?
No, it uses forward locking (short term) skill anticipation as derived from employer surveys
Policy area
To which POLICY AREAS(s) does the initiative apply?
Funding
How it is funded?
Funded by the EU
Erasmus+; EURES
Other
FEDIL, ABBL

Skill mismatch

Skill mismatch target
What type(s) of skills MISMATCH does the initiative aim to addresses?
Skill shortages (employers cannot fill their vacancies due to a lack of skills in the labour market)
Skills matching focus
How does  the initiative address skills mismatches?
Attract young into industry / banking by reflecting on qualifications / skills in demand within the sector as well as career opportunities
Based on labour demand (teaching, training, attracting or matching skills)
Skills delivered
What types of skill  does the initiative deliver?

Methods

Methods
What methods of undertaking skills assessments and / or skills anticipation does the policy instrument utilise?
Employer surveys
e.g. business leader surveys
Other
Studies assessing skills needs - Most of them focus on current shortages or specific sectors of interest.
Use of skills intelligence
How is labour market information / skills intelligence used within the initiative?
Please select the most important options and explain how the labour market information (LMI) has been used (maximum 50 words)
Informing them on skills demand in the industry
Facilitating their interaction with companies and informing them on skills demand in the industry

Stakeholders

Main responsible body
Main body or organisation with overall responsibility for the initiative.
Social partner: employer organisation
FEDIL (Industry), ABBL (Banking)
Other involved organisations
Which other organisations have a role in the initiative?
National ministry
Social partner: employer organisation
FEDIL, ABBL / Please describe each of their roles and how they are involved - e.g. are the involved in delivering the initiative, its design, providing supplementary funding, being part of an advisory board, etc...(max. 30 words for each institution).
National PES
ADEM; EURES / Please describe each of their roles and how they are involved - e.g. are the involved in delivering the initiative, its design, providing supplementary funding, being part of an advisory board, etc...(max. 30 words for each institution).
Chambers of Commerce
Please describe each of their roles and how they are involved - e.g. are the involved in delivering the initiative, its design, providing supplementary funding, being part of an advisory board, etc...(max. 30 words for each institution).
Beneficiaries
Who are the intended beneficiaries?
Young people making the transition from education into work
Anticipating skills for the future in several sectors and making the information available
Young people with low levels of basic skills /early leavers from education or training
Anticipating skills for the future in several sectors and making the information available

Sustainability

Success factors
SUCCESS FACTORS in the implementation
The initiative provides LMSI through their main instrument an employer survey. It reflects on the opportunities in various occupaitons and for various qualifications and informs about qualification possibilities (and further information on those institutions).
Barriers
BARRIERS in the implementation
As always in information provision, the information has to be received and used by the target group (youth, guidance counselors)
Monitoring and evaluation
MONITORING and EVALUATION: Is progress measured regularly? What are the indicators used to measure progress of the policy instrument? Have any evaluations been conducted?
There is no information about any monitoring or evaluation activities conducted.
Updates
UPDATES: whether there have been any major updates of the initiative since it has been implemented?
There have been three rounds of reports / surveys (2018, 2019, 2020)
No
Effectiveness
EVIDENCE ON EFFECTIVENESS: How effective is the policy instrument?
Unknown
Sustainability
SUSTAINABILITY: How sustainable is the policy instrument? Do you expect the instrument to continue over the next few years and why?
The instrument is based on the employers' unions survey & reporting. As such it seems to be sustainable.

Other instruments in Luxembourg