Invest in Youth
Your business can benefit by harnessing new skills and ideas from young people. But they can also make a substantial contribution. Inject some fresh talent into your business.
In a nutshell
Every business needs an injection of new talent, new ideas and new skills to stay competitive. When you create opportunities for young people, you create opportunities for your business.
What’s the business benefit?
Young people bring lots of benefits to the workplace – enthusiasm, a willingness to learn, a fresh perspective, new ideas, and a direct connection to a youthful customer base. They’re cost-effective to recruit and train, flexible, quick to adapt to an organisation’s culture and can form a crucial part of its talent pipeline and succession planning strategy.
Not only does employing and training young people provide you with a stream of talent – tomorrow’s leaders and managers – they can add fresh energy to the workplace and new ways of working. It can be highly rewarding for more experienced members of staff to pass on their skills and knowledge too.
Businesses benefit from new talent, and new ideas. Skills gaps can be filled and skills shortages averted. In the long-run, this ‘grow-your-own’ philosophy can help raise quality, reduce recruitment costs and improve competitiveness for business.
Why is this included in the Scottish Business Pledge?
While employment levels in Scotland are relatively high – almost 30,000 young people are not in work, in education or training.
Only one in three employers recruits directly from school-leavers. More surprisingly, three out of four firms don’t take part in work experience programmes for young people. It’s a waste of youthful energy and a lost opportunity for business.
Why is this good for Scotland?
Economic growth depends on getting the best out of the resources we have. Put simply, almost 30,000 young people in gainful work could make a significant contribution to our national economy as well as their local community.
What should I do now?
We want you to commit to supporting young people towards and into employment. For example:
- enter into partnerships with local schools/regional colleges
- influence the development of young people in education
- input to careers guidance
- offer work-based learning and employment opportunities, including modern apprentices
- recognise the link between business need and the recruitment and development of young people
- have a strategy in place to attract, recruit and develop young people
- access relevant support services
- achieve and maintain the “Investors In Young People” accreditation
What help is available if I can’t make the commitment right now?
The Our Skillsforce website, from Skills Development Scotland, provides a wide range of skills related support. It also has a dedicated section on how you can “Make Young People Your Business” which pulls together information on all of the initiatives available for employers to help you recruit young people. Whether it’s work experience, graduate placements, or Modern Apprenticeships, we’ll help you find the support you need.
Visit the Investors In Young People website to find out more about their accreditation and how you can achieve this.
At the very least, consider offering work experience to a young person. It’s not difficult, and demonstrates your business ethos in practice. Contact your local school or college to discuss what you can offer.
Business-led Developing the Young Workforce (DYW) Regional Groups across Scotland aim to:
- encourage and support employers to engage directly with schools and colleges; and
- challenge and support employers to recruit more young people into their workforce.
More Information is available at: Employability in Scotland.