Is the retailer training programme the new university?
It could be the threat of rising tuition fees or the fact that the younger generation don’t feel that having a degree will help them get a job, but increasing numbers of the youth of today are seeing working in the retail sector as a more attractive proposition than fannying about at university for three years.
At least, that’s the information as supplied by the British Retail Consortium (BRC), who let’s face it, might be slightly biased. Their report shows that while youngsters will soon be looking at £9k a year in tuition fees, retailers are spending an average of £1,275 per employee per year in training, more than banking and manufacturing companies, a total of about 12% of the UK’s total training spend.
BRC director general Stephen Robertson said: “Many young people considering university will be worried about building up huge debts which will take years to pay off. An alternative is to get a job which gives access to training and personal development funded by an employer while also picking up a salary. That option is getting more attractive all the time”.
So there you have it kids. What’s it to be – knobbing around at uni while you rack up a huge debt, or getting in among it on the shop floor, where you can be groomed for promotion and maybe become the CEO of Argos within five years? Yes, we said GROOMED.