And yet statistics from the National Literacy Trust show that nearly four in ten young people leave secondary school without an A*-C grade in GCSE English, and in the case of those students from economically deprived households this rises to one in four. Meanwhile people with poor numeracy are more than twice as likely to be unemployed according to National Numeracy with almost a third not achieving GCSE A*-C in Maths. For those in the 14-19 age groups, employers believe schools and colleges should also be prioritising development of employability skills (71%). They also want to see more done to strengthen literacy (50%), numeracy (45%) and technology skills (30%).1
In addition to this, employers regularly express dissatisfaction with school and college leavers’ skills in languages. In a 2013 survey of businesses by the CBI only 36% of businesses were satisfied with their employees’ language skills, compared with 93% who were satisfied or very satisfied with school and college leavers’ skills in the use of IT. Seven out of ten businesses stated that they value language skills in their employees.
Deutsche Bank works in partnership with Volunteering Matters, a national charity leading UK volunteering in policy and practice, to deliver an academic mentoring programme, Support my Future. Deutsche Bank volunteers are placed in a number of schools across London and Birmingham to coach young people in numeracy, literacy and foreign languages. Volunteers provide essential one-to-one or group support to build skills, knowledge and change attitudes, helping to break down barriers faced by young people moving from education into employment.
Deutsche Bank employees are matched with 11-16 year olds from schools across London and Birmingham to provide them with:
One third of employers are not satisfied with literacy and numeracy skills amongst school leavers2