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University Degrees vs Apprenticeships 2016

University Degrees Underperform while - Apprenticeships Break Records UK 2016 Many university students in the UK are not being skilled for industry, which leaves the country with a dangerously expanding skills gap. According to recent research, apprenticeships could be the answer to help bridge this gap. University Graduates: Not in graduate roles* The UK has 58.8% of graduates in non-graduate jobs, a percentage exceeded only by Greece and Estonia. In contrast, countries such as Germany, the Netherlands and Slovenia, which have a history of strong vocational training, have 10% or less of graduates in non-graduate jobs. 58% Graduating with poor numeracy and literacy skills A survey of adult skills, carried out by the OEDC (published in 2013), shows that 10% of new graduates have poor literacy skills and 14% have poor numeracy skills. 20% "..not an attractive profile for potential employers". Will never pay off their Loans* Penny One "This situation is unsustainable given that the Government estimates that 45% of university graduates will not earn enough to repay their student loans. It's crucial we as a nation take stock now of whether our higher education system is delivering desired returns for graduates, for organisations, and society." 45%" - Peter Cheese, Chief Executive of the CIPD *Source: http://www.cipd.co.uk/publicpolicy/policy-reports/overqualification-skills-mismatch-graduate-labour-market.aspx - In Contrast Apprentices: Remained in employment** After finishing, the majority of apprentices (90%) will stay in employment (including 2% self-employed), with seven in ten (71%) staying with the same employer. 90% Significantly improved the business & improved the product or service** Almost 9 out of every 10 apprenticeship employers hoping to achieve business benefits tell us that apprenticeships deliver, including 89% reporting that it has helped their business improve the quality of their product or service. 89% **Source: https://www.gov.uk/government/publications/key-facts-about-apprenticeships/100-years-of-apprenticeships-most-common-apprenticeships-in-1914-and-2014 1500 Apprenticeship Job Roles. Spanning 750 Industries Want to learn more about how apprenticeships could benefit your business? To make inroads into bridging the skills gap, it is clear the UK government must promote apprenticeships and vocational learning alongside university degrees in schools, whilst educating businesses and NEETS (those not in education, Visit: traintogetherltd.co.uk/yourbusiness employment or training) on the benefits of the apprenticeship scheme. TrainTogether www.traintogetherltd.co.uk

University Degrees vs Apprenticeships 2016

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Many university students in the UK are not being skilled for industry, which leaves the country with a dangerously expanding skills gap. According to recent research, apprenticeships could be the ans...

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