The 5% Club

The 5% Club is a movement of employers working to create a shared prosperity across the UK by campaigning for greater skills training, through ‘earn and learn’ job opportunities.

The 5% Club
Non-profit organization
Founded2013
HeadquartersLondon
Key people
Leo Quinn, Founder
Websitewww.5percentclub.org.uk

Members aim to achieve 5% of their workforce in 'earn and learn' positions (including apprentices, sponsored students and graduates on formalised training schemes) within five years of joining the club.

History

The 5% Club was founded by Leo Quinn in 2013.[1]

Its stated purpose is to address the high levels of youth unemployment and chronic skills shortage in today's society. Its secretariat is increasingly working with government to provide a bridge between the corporate and public sector, with Members of Parliament describing it as the 'gold standard' for businesses supporting skill development. The Confederation of British Industry (CBI) has also endorsed The 5% Club and upon its launch, publicly urged British industry to strive to commit to the 5% employment target.[2]

In 2018 The 5% Club gained charitable status.

Membership

As of May 2020 The 5% Club has nearly 500 members. They are UK companies wishing to invest in skills creation and employability. Members of The Club pledge to make at least 5% of its employees apprentices within a 5-year period following their adhesion.[3] Members are required to publish an annual report on their progress.[4]

gollark: Also, I should be specific, "a god and associated religious claims", not just "a god".
gollark: Pascal's Wager is really stupid.
gollark: > I’d rather just have faith and get on with my lifeThis seems like a bizarre attitude, since if you... don't actually have evidence for a god at all... it's really weird for that belief to affect your decisions.
gollark: I'm not sure what you would call them, since "antitheist" is taken for "against belief in god".
gollark: More accurately, you can't prove that god exists, even in a world with said god, for all values of "god".

References

  1. "The 5% Club needs more support if it is to make a difference". Ft.com. Retrieved 2016-06-10.
  2. "CBI backs training target campaign". Cbi.org.uk. 8 October 2008. Retrieved 2016-06-10.
  3. Leo Quinn (8 November 2013). "The 5% Club of apprentices can build a better British economy". Telegraph.co.uk. Retrieved 2016-06-10.
  4. Alan Tovey (1 January 2015). "5% Club hits 50 member milestone in its fight against youth unemployment". Telegraph.co.uk. Retrieved 2016-06-10.
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