Youth employment is on the rise, research reveals
The number of organizations employing young people is on the rise overall, but SMEs are lagging behind, recent figures released by the CIPD have been able to reveal.
The organization’s Learning to Work research found that youth employment was on the up, with the number of entry-level jobs available increasing from 65% to 76% in the last 12 months. The proportion of businesses overall hiring young people has also risen from 73% to 79%.
However, only 58% of SMEs employ someone aged 16 to 24, compared to 93% of large organisations and only a quarter (26%) of SMEs offer apprenticeships, compared to 62% of large organisations. And while two-thirds (64%) of large businesses provide work placements, only 39% of SMEs do the same.
CIPD head of volunteering and employability campaigns Katerina Rüdiger said: “As employment levels continue to improve, it’s encouraging to see that more organisations are employing young people and developing their own talent pipelines by doing so.”
Tensor workforce management systems can help support young workers
Companies who do wish to help reduce youth unemployment and are willing to use this young talent pool should also implement extensive workforce management solutions, that will help them provide a superior level of support for these inexperienced workers, and this is specifically where Tensor plc can put its extensive experience to very good use.
We supply a full range of solutions designed specifically to streamline workforce and skill management within companies of any sizes. Our WinHR suiteenables managers to save and easily access a wide array of data pertaining to each of their employees, thus allowing them to better use the available resources and skill ranges at any given moment.
Moreover, Tensor’s range of products offer both a high level of reliability and good value for money, which means that companies who do decide to implement our solutions will immediately see the returns, without taking a hit as far as their balances are concerned.
If you’d like to find out more about the range of workforce management and Time and Attendance solutions supplied by Tensor, just contact us or Book a Demo, our representatives will be more than happy to answer any questions or queries you might have.