According to new research, pupils and students who have a high amount of work experience can earn much more than their peers.
Put your money where your mouth is
In a new study by the charity the Education and Employers Taskforce, it has been revealed that young adults who got involved in four or more employed activities whilst being at school ended up earning an average of £23,100 by the time they were in their mid-20s. This average salary was actually £3,600 higher than those who had very little work experience when at school. Those young adults who had not taken part in any activities were earning £19,500 a year. Overall, each contact forged with an employer came out to be worth £900 a year on average.
Talking to The Telegraph, Nick Chambers, director of the Education and Employers Taskforce, said: “These are very important findings if we are to give young people of all backgrounds the best chance of earning more in later life. This research has shown the way for all schools to give their students the prospect of earning more in their early 20s and beyond.”
The survey, which was carried out in 2011, spanned 1,100 students who were aged between 19 and 24. By linking their current employment status with their past work experience, researchers spotted a trend between work experience and salary earned. This ‘experience’ included actual past employment, visits to workplaces, career talks and any links forged with local companies.
The Education and Employers Taskforce is a charity which was founded in 2009 in order to promote relations between schools and businesses.
A private issue
Following the report, many ministers are hoping that students seek work experience, especially within the hospitality sector, in order to forge business links and gain invaluable skills which they can develop in full-time employment.
This advice follows warnings from Deputy Prime Minister Nick Clegg who argued last month that pupils in private schools were more likely to gain work experience placements due to their parents’ motivation and independent schools having more relationships with businesses.
There has also been worry from the UK government that the standards of career advice, especially in state schools, have been deteriorating in recent years. The cross-party Commons Education Select Committee has given stark warnings that pupils may be heading down wrong career paths due to a major decrease in the “consistency, quality, independence and impartiality” of career advice that is given to such pupils.
Experience in hospitality
There is a wide variety of hotels, pubs, bars and restaurants which offer work experience placements for those aspiring to go into the hospitality field.
These new findings suggest that the key to hospitality jobs and earning more will be to gain as much experience as you can when studying.
Berkeley Scott provides specialist advice and support to help you find hospitality work.