IFAAug 12 2020

Adviser looks for school leavers in hiring spree

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Adviser looks for school leavers in hiring spree

A Kettering-based advice firm is targeting school leavers and graduates as part of a recruitment drive in the aftermath of the coronavirus lockdown. 

Telford Mann Pensions & Investments said it was hoping to offer employment in what it warned was an "extremely tough" jobs market in the wake of the pandemic. 

It follows a successful hiring spree earlier this year which saw five trainee paraplanners and advisers join the firm, mostly consisting of graduates and school leavers. 

Jilly Mann, joint managing director of Telford Mann, said: "The jobs market is extremely tough out there right now and opportunities are thin on the ground for anyone looking to pursue their career.

"We want to recruit locally and provide opportunities to bright candidates who have perhaps had their career plans thrown into disarray by the coronavirus and so we would urge people to put themselves forward."

Telford Mann will support new recruits with training and development costs and currently invests an average of £10,000 on every trainee who progresses to chartered status.

Ms Mann added: "It may well be a career they had never thought of pursuing, but most of our best people found this industry by chance and have forged extremely successful careers for themselves.

"We have successfully navigated the pandemic and as the country gradually returns to normality, we want to strengthen our position moving forward with hungry new recruits."

A key focus of the chancellor's summer statement last month was a pledge to kick-start the jobs market in the aftermath of the coronavirus pandemic, with Rishi Sunak announcing a £2bn job creation scheme as part of his attempts to keep the UK economy afloat. 

The policy — which aims to help the UK’s young workers find employment in a potentially jobless market — will pay the wages of 16-24 year old at risk of unemployment for six months, essentially creating a free pool of labour for companies.

Mr Sunak also confirmed a bonus incentive package set to triple the number of traineeships in the wake of the coronavirus pandemic, offering employers £1,000 in cash for every trainee offered a work experience placement. 

The chancellor promised "no one would be left without hope" in the UK as he committed to giving "young people a better start and everyone an opportunity of a fresh start".

rachel.mortimer@ft.com 

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