“Apprenticeships provide real, measurable business benefits: they bring productive, enthusiastic and loyal people into the organisation”

Youth unemployment is a huge social challenge in many economies, prompting demand for initiatives to help get young people into work. As one of the most recognised and respected brands in the UK, Prudential has a role to play in helping to shape future job prospects for our young people.

Prudential UK created 47 apprentice training positions in 2012 for school leavers across sites in Stirling, Reading and London. These positions were new roles, lasting 12 to 18 months, and were advertised through a number of job boards that specifically target young people.

Working with our training partner, Capita, we have developed high quality work-based training that will allow our apprentices to gain a recognised vocational qualification as well as gaining useful work-based skills.

One of the driving forces in establishing the Prudential apprenticeship programme is driven by a personal passion for apprenticeships. Gavin Rennie, Head of Corporate Responsibility, Prudential UK, says:

“Having started my own life as an apprentice straight out of school, I feel it is really important for young people to start to develop their future careers. The goal for me is that the apprenticeship programme just becomes the thing that we do, it’s a natural part of talent development.”

Apprenticeships provide real, measurable business benefits: they bring productive, enthusiastic and loyal people into the organisation and demonstrate our commitment to investing in our communities.

HR Director, Prudential UK and Europe, Cathy Lewis, says:

“Youth unemployment is a major issue in the UK and as a responsible employer we wanted to do our part to provide young people with real opportunities to start their careers.”

Prudential is developing a strategy to build and improve on the scheme’s success. We have now committed to a four-year annual scheme of 40 apprenticeships with the aim of keeping a significant number of apprentices on in permanent roles after they have completed the scheme.

22-year-old Damian Priestley, one of the first apprentices to join the scheme at our office in Craigforth, Scotland says:

“This is a once in a lifetime opportunity for me. The best thing about being an apprentice is gaining real work experience and learning from the best to be the best.”

Harpeet Gill, a Business Continuity Apprentice, adds:

“I applied for the apprenticeship programme because it gave me the opportunity to gain experience and still be able to keep in touch with my education and also give me a good platform for a future career.”

Anne McCaffrey from the National Apprenticeship Scheme says:

“In general apprenticeship programmes offer young people the opportunity to get into practical and sustained employment programmes leading into a very productive career. Employers like Prudential are essential and crucial to the success of the apprenticeship programme. We’ve worked very effectively with Prudential from the very beginning at a senior level to establish this programme and make sure that everything works successfully.”

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