Employers’ benefits and reward offerings for young employees are in the spotlight following A-level and GCSE results.
Some of the UK’s largest organisations are aiming to attract high-achieving school leavers in addition to university graduates. This comes amid fears that higher university tuition fees will affect the diversity of graduates.
Accountancy firms KPMG, Deloitte, Ernst and Young, and PricewaterhouseCoopers (PWC) have established programmes specifically for school leavers.
KPMG has announced a six-year programme, which will provide its young recruits with a full accountancy qualification as well as a degree. Run in conjunction with Durham University and the Institute of Chartered Accountants in England and Wales (ICAEW), the programme will offer school leavers a starting salary of £20,000.
Young people on the programme will receive a salary throughout the six-year period. During the degree phase, which will last four years, students will spend part of the time in residence at Durham University, where they will study at Durham Business School, and part of the time working for KPMG.
Oliver Tant, UK head of audit at KPMG, said: “We are really excited about this scheme. For us, one of the key things is to ensure fair access to the profession by ensuring the greatest number of young people possible go to university, and also have the potential to train as an accountant.
“We need an accountancy profession that is as diverse and as open as it can be. This scheme will address current concerns around how students can meet the costs of university, and make degrees and professional qualifications available to a broader socio-economic group.”
Meanwhile, the Office of National Statistics (ONS) found that the pay gap between young people educated to GCSE or equivalent with those educated at a higher level has reduced. The gap was lower in 2010 than it was in 1993.
The ONS Labour Force Survey showed that employees with a minimum of a degree earned, on average, around 85% more. This figure was 95% in 1993.
With a higher education qualification, but not degree, employees earned around 45% more. This figure was 54% in 1993.
Meanwhile, those educated to around A-level or an equivalent qualification earned around 15% more per hour. This figure was 18% in 1993.
The research found that the increase in the number of young people obtaining a degree has had an impact on the types of jobs performed by this group. This is because the percentage of those with a degree has increased at a faster rate than the increase in the percentage of high skill jobs in the UK, from 22% in 1993 to 28% in 2010.
Share your thoughts and experiences on rewarding and attracting young talent. Comment below.
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Some Nicaraguan tube could encounter rivalry out of your Modest Canal??ow having a $5 thousand improvement which will subsequently facilitate the software to be able to service greater ships??nd transcontinental roads plus track carry in the You.S.Legal issues according a concession to be able to HK Nicaragua Channel Production Commitment Denver colorado., named HKND Class, which only proprietor is definitely Wang Jing, the 40-year-old Beijing-based businessman, was initially introduced a while back so that you can Nicaragua’s congress, and that is regulated by way of Mr. Ortega’s taking over Sandinista blowout. Outstanding ImageClose Mister. Wang instructed The actual Structure Street Newspaper the task was obviously a respond to “the 100-year-old think of all the Nicaraguan individuals.In He said they was in fact sure everybody necessary some bigger along with deeper interoceanic channel in comparison with Panama’s.When it comes to 1902, Nicaragua omitted in the event the proponent for those rival The small endeavor routed You.S. senators a new seal of approval exhibiting Nicaragua’s Momotombo volcano spouting smoking. Spooked senators players his / her prefer Panama.Nicaraguan govt police officers immediately begin to see the canal task when the state’s pass outside milling lower income. Despite the fact use much of the pre-feasibility reports features slightly started together with seriously isn’t slated to remain completed until eventually the coming year, Mr. Oquist is projecting this Nicaragua is going to greater than double it’s economical progress that will 9.8% batch that we get on a probable Some.2% this current year. He or she wants improvement to help you skyrocket to fifteen.1% by way of 2015.In line with the contract, Mr. Wang ‘ Michael Kors Canada ll compensate Nicaragua as much as $10 thousand thousand 1 year as a general cost for those 50-year concession, that may be efficient. Within the Eleventh 365 days involved with company, Nicaragua could private 10% from the company, a good amount that may grow to successfully 100% at a hundred years. Mister. Wang will pay for any feasibility analyses as well as being given the task of scheduling funding in the project.Nicaraguan tunl proponents bottom level his / her court case partially with a McKinsey Organization. exploration the fact that determined that a fabulous routine so that you can ever-larger sends and even growth in world-wide market will make the Nicaragua tunl economically realistic, based on people nearby the mission. McKinsey may not validate any sort of learn, mentioning it’s privacy insurance coverage.You can’t say everyone wants how the phone numbers calculate. “I can not find out how this particular channel may be in financial terms and in the economy expressed,Inches suggested Jean-Paul Rodrigue, a fabulous vehicles professional for Hofstra Higher education. “It might be the main bright elephant inside human history.”The HKND’s Mr. Wang is definitely chairman regarding Beijing-based Xinwei Telecommunications Business Cluster, a good carefully kept corporation brings about cordless social networking apparatus. In the November oral communication in order to different staff, Mister. Wang explained Xinwei was initially returning to make sure you posting the $326 million dollars benefit with respect to 2012.Mr. Wang licensed his channel company with Hong Kong on August. Thirty days later, relating to June. 6, she or he encountered Web design manager Ortega when it comes to Nicaragua. Tomorrow, Mr. Wang also, the Nicaraguan governing administration ok’d a new memorandum connected with understanding??hich has not been publicized at the time??uthorizing Mister. Wang to promote your credit and also play the building of some sort of tunl.He / she and also Mr. Ortega additionally talked over a real phone system proposal, any Michael Kors Canada nd Xinwei was in fact honored with a new $300 billion dollars phone system commitment around Nicaragua, using the supplier.In Nicaragua, the actual becoming would be that the bulk of the bucks for ones channel should come from The far east, that is definitely known to be used in Latin The nation since proficient at paying a sufficient amount of to do pretty much any task. “The assets is in The far east,In proclaimed Mr. Oquist.Xinwei’s websites qualities images emphasizing Mister. Wang’s politics relationships during China and taiwan, a rustic where business and then polit Michael Kors Canada Outlet ics usually are interweaved, nevertheless HKND Crew said hello may be a confidential business without any affiliation in the Far east government or even to Xinwei, and wouldn’t anticipate all Oriental federal guidance inside the Nicaragua venture. HKND said it is trying to look for funding through “a wide range involved with global resources.” The load involving background with some sort of tunl currently being inbuilt Nicaragua will be gigantic. With 1825, the federal government belonging to the Republic involved with Guatemala inked a sale once you get your York business person to be able to burrow your tunel on Nicaragua. Now, as a minimum 10 designs go nowhere fast.”It’s recently been enjoy looking for a nonexistent El Dorado,Ins pointed out Arturo Brenard, an old Nicaraguan ambassador to help you Austin. “It’s undertaken people numerous emotionally charged damages as being a usa.Ins Mr. Brenard reported, then again, that he’s much less suspicious than normal in regards to the present venture.Mister. Wang’s organization laid off issues for the venture, in addition to declared the item found appointed asking supplier Environment Assets Direction as well as professional consultants to create feasibility scientific studies.”We are usually convinced of be sure the suitable design, assembly plus procedure within the Nicaragua awesome canal,Centimeter Mr. Wang says. Fanfan Wang inside Shanghai led to this post. Email Jos? delaware C?rdoba during [email protected] Some sort of variant want to know , showed up Sept 18, 2013, on page A11 inside Oughout.S. version on the Fence Road Publication, considering the heading: Nicaragua Revives The Tunl Wish.
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