Morgan Stanley vice chairman to lead UK employability review

The vice chairman of Morgan Starnley International, Amelia Fawcett CBE is to lead a comprehensive review of UK workplace and employability issues. Fawcett will focus the Business in the Community review on equal opportunities, diversity and inclusiveness, work-related health and employee skills shortages. Fawcett, is the City's most powerful female banker and over the last 15 years has helped make her firm second largest in Europe.

Her review will be business-led, consulting leaders responsible for human capital management and executives involved in campaign groups Opportunity Now, Race for Opportunity, Business Action on Health and Skills for Life. It aims to help business gain a better understanding of the priorities and challenges of workplace issues, and aims to shape a new vision for 'workplace' campaigning.

Business in the Community has been involved in workplace campaigns for close to two decades, most recently focusing on British industry's need to tackle the skills shortage among employees in a variety of sectors. Recent studies revealed that the lack of basic skills among employees was costing UK business £10 billion a year.

It is expected that in the near future every large company in the UK will be required to report annually on how they measure the quality of their human capital management and report on its impact on business performance. Such reports are likely to include measurable employment-related statistics on areas such as training, recruitment, employee turnover and diversity.
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