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Articles   >>   Nationwide launches Employability Module for 4-16 year olds

Nationwide launches Employability Module for 4-16 year olds

Saturday, November 26 , 2011


Date issued: 25 Nov 2011 Nationwide Building Society: www.Nationwide.co.uk

Shadow Chancellor Ed Balls MP endorses further measures by Nationwide to help young people bridge the gap between education and employment

At a Q&A session on the subject of youth unemployment, the Shadow Chancellor, Ed Balls MP today endorsed Nationwide's new Employability Programme which is designed to help young people broaden their horizons and gain confidence in the workplace from an early age.

With youth unemployment rising in the UK, Nationwide Building Society has taken a hands-on approach to help give young people the education, training and opportunity that is needed in a competitive jobs market.

Speaking at a Q&A session with members of the Nationwide Graduate scheme, Shadow Chancellor, Ed Balls MP said: "The rise in long-term youth unemployment is damaging for young people, their skills and the economy, this is why I welcome the launch of Nationwide's Employability Programme today. I helped launch the Nationwide Education Financial Capability Programme in 2007 and am delighted to see further developments in the provision of invaluable support, advice and resource for children, parents and teachers."

Designed for 4-16 year olds, the new Employability Programme is the latest addition to Nationwide Education, the free online interactive resource for pupils, teachers and parents, and helps young people ascertain skills necessary for work. The programme is made up of three modules:

  • Working Life (4-7 year olds)
  • Working Skills (7-11 year olds)
  • Working World (12-16 year olds)

The aim of these is to provide students with an understanding and insight of skills needed in the workforce as well as potential career paths. The programme focuses on working in a financial corporate environment such as Nationwide Building Society. This will complement the action Nationwide has already taken to date to equip young people with the tools necessary for the world of work.

In addition to the new employability module, Nationwide has also worked with Edexcel to create a BTEC qualification in Money and Finance Skills, available to 14-19 year olds which helps to boost their CVs as well as core life skills. Nationwide is the only financial provider to do this and, since it was launched in September 2010, over 2,500 young people have already gained this qualification. The award-winning Nationwide Education site also has modules in financial capability in order to provide fundamental money-management skills to children of all ages.

Nationwide offers practical experience and training via its successful Graduate Scheme as well as the opportunity to apply for industrial placements and summer internships at the organisation. The Society also works within Swindon to tackle local employability issues and played a major part in the establishment and development of Plan 500, which has created over 550 employment opportunities for young people in the local Swindon area. In addition to these initiatives Nationwide has also committed to support local colleges with mentoring schemes.

Graeme Hughes, Director of HR & Corporate Affairs at Nationwide, said: "We're delighted to see the launch of the Employability Programme, especially in the current climate where it is more important than ever to provide young people with the skills and confidence they need when they enter the working world. The programme uniquely provides information for younger children, which helps to demystify the world of work from as early as four years old. It is another example of Nationwide's commitment to young people and employability and we plan to build on this work in order to provide further opportunities in this area."

Notes to editors

To log onto Nationwide Education, please visit www.NationwideEducation.co.uk

Nationwide Education's employability programmes are the only free online educational resource linked to the National Curricula developed to cover the full primary and secondary age ranges (from 4 to 16 year olds).

Nationwide Education is freely available to all schools and parents across the UK.

Nationwide Education is designed to stimulate and raise awareness in the theme areas of:

  • Financial Capability
  • Road Safety and Safety in the Home
  • Sustainable Living
  • Employability



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