Business leaders convene to widen access to opportunity for young people
Business leaders convene to widen access to opportunity for young people
Led by Andrew Masraf, Global Senior Partner and Chair of the Board at Pinsent Masons, business leaders have today come together in the London Borough of Newham to support young people to transition successfully from education into work. The visit is part of a series of The King’s Seeing is Believing visits[2] focusing on youth unemployment and the role of businesses in improving the life outcomes of young people.
With Youth Employment Week approaching, Business in the Community (BITC) is convening businesses to work together to coordinate action and make a long-term commitment to deliver systemic change in their communities. The visit comes at a critical time, with increasing numbers of young people not in employment and education, coupled with a decline in entry-level vacancies. Alan Milburn’s recently published ‘Young people and work: interim report’[3] highlights the growing youth employment crisis across the UK, with more than one million young people aged 16-24 not learning or earning.[4] However, research shows that four or more meaningful encounters with employers can significantly reduce the likelihood of falling out of education, employment, or training.[5] The Government’s Youth Guarantee presents an opportunity for business and government to improve work encounters and pathways to tackle the NEET (not in employment, education, or training) challenge.[6]
During the visit, business leaders from organisations such as Pinsent Masons, Aviva, British International Investment, Channel 4, Greggs, Halifax, and PageGroup will gain first-hand insight into the barriers young people face in accessing education, employment, and training. They will also come away understanding the role businesses can play in addressing these barriers, including hearing about the vital work of organisations such as:
Andrew Masraf, Global Senior Partner and Chair of the Board at Pinsent Masons, said:
Ola Kolade, Employment & Skills Director at Business in the Community, said:
The King’s Seeing is Believing programme was established by the then Prince of Wales in 1990. The programme, supported by Salesforce and Linklaters LLP, connects business leaders with communities by taking business leaders out into communities and inspiring them to come up with impactful solutions to the challenges they face. To date, over 25,000 business leaders have taken part in the King’s Seeing is Believing programme which has led to many initiatives being set up including Career Ready, Ban the Box, and mentoring circles in collaboration with the Department for Work and Pensions.
ENDS
Notes to editor
For further information, please contact Polly Dacam, Senior Public Affairs and Media Officer, on 020 7566 6638.
About Business in the Community
Business in the Community (BITC) champions responsible business as essential for long term economic growth and resilience.
It is the UK’s leading responsible business network, working with companies of all sizes to tackle society’s most pressing challenges from climate change and place-based community regeneration to inequality, workplace wellbeing, and inclusive growth.
Founded by His Majesty King Charles III in 1982, BITC has over four decades of experience in engaging business and delivering measurable impact in both business and in communities through evidence-based interventions.