The 5% Club

The 5% Club
Type	Non-profit organization
Founded	2013
Headquarters	London
Key people	Leo Quinn (founder)
Website	www.5percentclub.org.uk

The 5% Club is a charity that encourages companies to employ workers in "earn and learn" entry roles.

History

The 5% Club was founded by Leo Quinn in 2013.^[1] The organization's stated purpose is to address the high levels of youth unemployment and chronic skills shortage in the United Kingdom by encouraging skills development. Its executive team works with the private sector and public sector, with Members of Parliament describing it as the 'gold standard' for businesses supporting skill development. The Confederation of British Industry (CBI) has also endorsed The 5% Club and upon its launch, publicly urged British industry to strive to commit to the 5% employment target.^[2]

In 2018, The 5% Club gained charitable status.

Membership

As of 2024, the organization has more than 1,000 member companies. Members pledge to have at least 5% of their employees in earn and learn roles within 5-years of joining,^[3] and are required to publish an annual report on their progress.^[4]

References

↑ "The 5% Club needs more support if it is to make a difference". Financial Times. September 2015. Retrieved 2016-06-10.
↑ "CBI backs training target campaign". Cbi.org.uk. 8 October 2008. Retrieved 2016-06-10.
↑ Leo Quinn (8 November 2013). "The 5% Club of apprentices can build a better British economy". Telegraph.co.uk. Retrieved 2016-06-10.
↑ Alan Tovey (1 January 2015). "5% Club hits 50 member milestone in its fight against youth unemployment". Telegraph.co.uk. Retrieved 2016-06-10.

[1] "The 5% Club needs more support if it is to make a difference". Financial Times. September 2015. Retrieved 2016-06-10.

[2] "CBI backs training target campaign". Cbi.org.uk. 8 October 2008. Retrieved 2016-06-10.

[3] Leo Quinn (8 November 2013). "The 5% Club of apprentices can build a better British economy". Telegraph.co.uk. Retrieved 2016-06-10.

[50_milestone-4] Alan Tovey (1 January 2015). "5% Club hits 50 member milestone in its fight against youth unemployment". Telegraph.co.uk. Retrieved 2016-06-10.

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