reduced long-term wage scar
Young people who are not in education or training between the years of 16 and 24 will have poorer outcomes than their counterparts who are. Various studies have, in the past, estimated the aggregate costs of young people becoming NEET in the UK (see Prince's Trust (2007), Godfrey et. al. (2002); Note: This is a secondary source. For more information, please check the bibliography of Lawlor 2011). Given that, in line with the evidence base, the study's outcomes are relatively short-term, one long-term benefit that is well documented in the literature has been projected. Young people who are NEET will typically move in and out of employment for the rest of their lives and will even be poorer in old age. To reflect this, an outcome of a reduced long-term „wage scar? has been included. Estimates of this vary from 8 to 15 percent (Blanden et. al., 2008, Prince's Trust, 2007; Note: This is a secondary source. For more information, please check the bibliography of Lawlor 2011). A mid-point of 12 percent has been taken.
Beschreibung der Aktivität
Fifteen London apprentice programme
Fifteen London is a social enterprise restaurant which runs an apprentice programme for young people.
95 graduates, 18 participants per training
teilnehmende Kinder und Jugendliche
Evaluierung der Aktivität
Social Return on Investment (SROI) is an adjusted cost-benefit analysis that quantifies the value of social, environmental and economic outcomes that result from an intervention. An SROI analysis proceeds via five key steps: 1) Boundary setting to establish scope; 2) Engagement of stakeholders to understand the interventions? theory of change; 3) Data collection to evidence outcomes and impact; 4) Model development; 5) Reporting. Although imperfect, "Fifteen" does have an existing research base. For its annual report, and for previous evaluations, extensive qualitative research with apprentices has taken place. Whilst this was carried out for a different purpose, it provided a starting point for the stakeholder engagement phase of this project. This was accompanied by two workshops - one with staff and one with a project steering group - to identify stakeholders and begin to develop a theory of change.
Reduced long-term wage scar