To prove the importance of gaining essential qualifications - such as an Apprenticeship, five A*-C GCSEs or NVQ 2 - the Learning + Skills Council has calculated the added value of these qualifications to someone's starting salary, to help demonstrate the link between higher qualifications and a higher starting salary.
Employer research shows recruiters will pay an extra £2,261 per year to new staff with the minimum set of qualifications compared to someone with no qualifications.
The research shows that the implications of not having the minimum set of qualifications, five GCSEs grades A*-C or the vocational equivalents such as an Apprenticeship or NVQ 2, are becoming more serious and that it is imperative that all young people remain in or return to learning to gain these essential qualifications.
Julia Dowd, Director of Young People’s Learning at the LSC, said,
“Today’s research shows that the implications of not having the minimum set of qualifications, five GCSEs grades A*-C or the vocational equivalents such as a Level 2 diploma, are becoming more serious. It is therefore imperative that all young people take their future in their own hands and remain in or return to learning to gain these essential qualifications.
“We congratulate those who have got their Level 2 qualifications and to those who haven’t, the message is that by staying on in learning young people can significantly improve their employability. Financial support is available in the form of EMA so I would urge all young people to ensure they gain the minimum set of qualifications needed to get on in life or risk seriously damaging their earnings potential.”
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