Launched at the National Education Symposium, November 2015, the report is drawn from responses from almost 4,000 young people, 200 business and 200 Schools, providing comprehensive evidence of the impact of business school partnerships on schools, pupils and businesses.
The report is based on research commissioned by Business in the Community from the Institute for Employment Research at Warwick University to assess the impact of employer-engagement activities, the uplift of employability skills and added-value impact on pupils of the Business Class programme, over the past two years.
Additional research, conducted by Bean, also assessed the impact of business education partnerships on the wider school and on business, evaluating the underpinning characteristics of successful partnerships.
The report found the following benefits for young people and schools:
Business Class creates benefits for whole schools, not just pupils. The research identified that there were positive impacts for schools that include: Better leadership and governance, enhanced management skills, and financial savings
In schools engaged in Business Class there is 13% greater alignment between young people’s career aspirations and their activities at school, compared to non-Business Class schools*. This means those young people are more likely to make a successful transition from school to work
For many of the schools engaged, Business Class is a major factor in enabling young people to access employer related activity. This matters because the more interactions a young person has with an employer, the less likely they are to become NEET (not in employment, engagement or training)
* Analysis reveals this is indicative evidence, backed up by other findings across the project, although there is more than a 1 in 10 chance that this correlation is due to chance.
If your school is interested in establishing a partnership with a business, find out who to contact about it in your area.
Through an analysis of over 120 business partnerships with schools, the report identifies five key benefits for business:
Engaging their current workforce
Creating a pipeline for future talent
Developing innovation and thinking differently
Raising profile in local communities and on key issues
Attracting new business
To find out more about how your business could benefit from working with a school, please contact Katy.Neep@bitc.org.uk