Building a diverse workforce through Apprenticeships

Building a diverse workforce through Apprenticeships

Mike Thompson

June 2016

Confidential

2 | Barclays Early Careers

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Barclays Apprenticeships – Overview Apprenticeship programme launched in 2012 Over 2500 people helped into work and long term careers Target long term unemployed

– Over 6 months unemployed - 16/24

– Over 12 months unemployed - 24+

– Less than 5 GCSEs Range of entry level roles across organisation Clear pathways into graduate programmes


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Government Reforms – An overview

Trailblazer standards

– Sector led groups replacing frameworks with standards– Remove age restrictions on apprentices and simplify funding – Replace ongoing assessment with end assessment– Introduce shared funding between Govt/Employer– Replace NVQs with professional qualifications– Introduced Degee Apprenticeships

Levy– Route funding to employers via digital service – 0.5% of UK payroll from April 2017 to fund apprenticeships– 10% govt top-up


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Key benefits of reforms and levy for Barclays

1. Diversity - Access to broader talent pool with removal of age restrictions and introduction of traineeships

2. Development partners - access to Higher Education Institutions /Programmes

3. Professionalisation of our Workforce via Trailblazer standards

4. Significant increase in investment in existing workforce skills


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Diversity


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Progression

Foundation/ Progression Apprenticeship Programmes

Higher Apprenticeships – Junior leadership and Specialist roles

Graduate programmes


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Changing lives


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Relationship Management

(3 Years)

Leadership & ManagementHR IT Digital

HR Finance Marketing Risk Treasury

Investment Management

Investment Management

Investment Banking

Apprenticeships

Graduates

Professionalisation

Recruiting & HR

Building a diverse workforce through Apprenticeships