Founded 2013 Key people Leo Quinn, Founder | Headquarters London | |
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Type Non-profit organization Website www.5percentclub.org.uk | ||
The 5% Club is a not-for-profit corporate membership organisation focused on promoting apprenticeships and other "earn-to-learn" programmes in the UK.
Contents
History
The 5% Club was founded by Leo Quinn in 2013. Its stated purpose is to address the high levels of youth unemployment and chronicskills 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.
As of January 2015, The 5% Club registered 50 members, representing 140K employees and 12K apprentices, with an average level of 9%.
Membership
Members of The 5% Club 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. Members are required to publish an annual report on their progress.
Notable Members
As of February 2016, 153 organisations had signed up to The 5% Club. Notable members are given below.