Careers talks ‘boost future earnings’ – research

Date:

Share post:

Careers education given to pupils in secondary school can be linked to higher earnings in adult life, according to researchers.

A study published in the Journal of Education and Work suggests that better-informed teenagers are likely to make more advantageous career choices.

It measures the earnings benefit as an extra £2,000 per year for every six careers sessions when aged 14 to 15.

Researchers used the British Cohort Study tracking 17,000 people.

The research, commissioned by the Education and Employers charity, found that once other factors were taken into account, such as exam results and economic background, there were higher earnings for those who had received sustained careers advice in school.

The study, by Christian Percy and Elnaz Kashefpakdela from the University of Bath, used data from the British Cohort Study which has been tracking the health, wealth and education of people since 1970.

It concluded that there was a long-lasting employment impact from careers talks and lessons.

Image copyrightTHINKSTOCK
Image captionThe research findings have been hailed by academics and the CBI

Where there were “higher levels of employer contacts, in the form of careers talks with outside speakers”, researchers found that this was linked to higher returns in the labour market.

They concluded that getting careers information and meeting employers in school had a “meaningful and statistically significant impact on later earnings”.

Anthony Mann, director of policy and research for Education and Employers, said: “Other well-known studies have highlighted the benefits of employer engagement, but never before have we had such a robust analysis drawing on such rich data.”

Nick Soar, head teacher at Bishop Challoner Catholic Federation in east London, backed the benefits of outside speakers from industry.

“The pupils love it. They ask endless questions and you can see it really brings home to them what they need to do to succeed in the workplace,” he said.

CBI president Paul Drechsler said: “This report makes clear the importance and impact of great careers insights and advice from people in the business world.”

Andreas Schleicher, the OECD’s education director, said the study provided evidence for how “career education translates into measurable earnings advantages”.

Education and Childcare Minister Sam Gyimah said the research “provides further evidence of the positive impact an employer can have on a young person’s future career”.

1,000FansLike
1,000FollowersFollow
1,000FollowersFollow
spot_img

Related articles

How to Write a Business Plan That Will Help You Achieve Your Goals: The Ultimate Guide

Ah, the business plan – the backbone of every successful venture! It’s that magic potion that can pave...

Modern Business Ideas for the Eco-Conscious Entrepreneur: Green Is the New Gold

Gone are the days when businesses cared solely about profit margins. Today, eco-consciousness isn't just a buzzword –...

Insolvency Advice

What is insolvency? Insolvency refers to when either an individual or business are no longer capable of meeting their...

A small business guide to digital marketing

42% of small-scale entrepreneurs confess that they do not utilize social media channels as a marketing strategy to...

Top Networking Tips For Consultants

Professional networking can be invaluable in any industry. For consultants, networking offers the ideal platform to promote their...

Ways to Have a Strong Legal Stance After a Trucking Accident

You never saw it coming. One moment, you were simply going about your day, and the next, your...

Business Management Tips to Aid Your Company’s Growth

Business Management Tips to Aid Your Company's Growth Business Management Tips: Business management is a complex concept that encompasses...

Here are 5 tips to recognize a meaningful business opportunity when you see one

You've discovered a remarkable market inefficiency It is no surprise that solving a meaningful problem leads to the best...

Five Tips to Recognize a Meaningful Business Opportunity when You See One

You have discovered a notable market inefficiency It's no surprise that the best ideas are generated when there is...

Here are 8 reasons business cards still matter.

Ease Of Giving Contact Details One reason business cards still matter in use is the ease with which they...

Are businesses still using business cards?

Are businesses still using business cards? Are you worried about your small Business Card? Customers trust businesses only after...

What’s the business?

What exactly is business? What exactly is business? It's a procedure that produces, sells and distributes products and...
error: Content is protected !!