Less than half of employers plan to take on a young person next year

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Only 46 percent of employers plan to hire a young person between the age of 16 and 24 in the next year despite new Government incentives to do so, a report from the CIPD suggests. Over 1,000 employers were surveyed for the CIPD’s COVID-19 and the youth labour market report which examines the likely impact of new incentives to boost provision of traineeships, apprenticeships, and six-month work placements through the Kickstart scheme – as outlined in the ‘Plan for Jobs’, which was presented to Parliament in July 2020.

The report claims that most employers have, so far, poured cold water over the Government’s plans, with the response to incentives for traineeships (a £1,000 bonus for each new learner taken on) and apprenticeships (organisations who hire a young apprentice will receive £2,000 or £1,500 for hiring an apprentice aged over 25) being particularly poor:

Just 8 percent of organisations who were not planning to offer traineeships before are considering doing so now.

Read Full Article at WorkTimes

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Originally posted at AnalyticsWeek