Consulting firm Mace has signed up as member of The 5% club, an initiative that addresses the skills shortage and high levels of youth unemployment in the UK by asking its members to ensure 5% of their workforce is made up by apprentices, graduate trainees or sponsored students within five years’ time.
The 5% Club
The 5% is an industry led UK initiative, associated with the Department for Business Innovation & Skills and the Confederation of British Industry, consisting of public/private and small/large companies who want to make a difference and support the UK’s ability to compete globally. The Club aims at creating momentum behind the recruitment of apprentices and graduates by asking its members to ensure that 5% of their workforce is made up by apprentices, sponsored students and/or graduates within five years of joining.
In line with its ambition to support the UK’s growth agenda and help reduce the high levels of youth unemployment, consulting firm Mace joined the initiative and committed to reach the 5% mark by 2020. “Joining The 5% Club is a public declaration of our commitment to developing our people. It has long been a priority of ours to capture talented individuals at an early stage in their careers and develop their skills, knowledge and capability to become part of the next generation of leaders at Mace. With a strong and successful graduate scheme already established, making a pledge to The 5% Club seemed the obvious next step for us,” explains Tracey Locke, Group HR Director at Mace.