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Escaping the poverty trap

04 January 2017

Employment, education, training and care company, Prospects has won contracts to support low paid workers in London to overcome the poverty trap.  The work, in Central and North East London, will help people, particularly parents, who are working but caught in low paid, unstable employment to improve their lives and those of their children.

In 2012 in the UK more households were in poverty if they were working than not. And in London the difference is stark. Research by Trust for London shows in 2006 30% of part-time jobs were low paid, now a decade later, it is 43%. To help people escape low pay the Skills Funding Agency (SFA) and the European Social Fund (ESF) have appointed Prospects to find ways to support people to get better paid, more stable jobs and businesses to increase productivity and improve skills of their employees.

Prospects will work with partners including the National Careers Service to identify people who need extra support. The support will be adapted to work around people’s childcare needs; often a huge barrier to gaining the right help. Everyone supported will receive help tailored to their needs, this could include mentoring, face to face coaching or taking part in activities to improve their soft skills, basic skills, employability skills and work shadowing.

Low pay isn’t just an issue for employees so Prospects will work directly with employers to support in work progression. Helping employers to upskill their workforce to address their skills shortages and develop the potential of their own staff. This will increase staff engagement and workforce productivity, helping both the low paid workers and employers to improve London’s economy.

For more than 20 years Prospects has provided careers support. They currently work with young people, adults, offenders, schools and employers. This experience provides an understanding of London’s needs; which industries are growing, where skills will be required and what training will improve lives. Prospects currently provides the National Careers Service in London, works with those furthest from the job market as part of the Work Programme and provides services to more than 50,000 young people.

The contract will run until August 2018 and support 3,000 people in Enfield, Haringey, Hackney, Tower Hamlets, Waltham Forest, Redbridge, Newham, Barking & Dagenham, Havering and Greenwich. In Central London Prospects will work with more than 1650 people in Camden, Islington, City, Westminster, Kensington and Chelsea, Wandsworth, Lambeth, Southwark and Lewisham.

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Notes to Editor

About Prospects
The Prospects Group provides tailored education, employment, training and care products and services for people at all stages of life. Each year Prospects inspires more than 500,000 people to develop their potential and transform their lives. More than 1,400 professional and skilled colleagues provide practical support to the local communities they are based in across the UK and internationally. Prospects is one of the largest employee owned companies in the UK. It is also a Leader in Diversity and ranked in the top 100 index by the National Centre for Diversity.

Media contact:
 
Alona de Havilland
Prospects
PR Manager
alona.dehavilland@prospects.co.uk
07790 803882 or 01823 362804

Jayne Runacres
Prospects
Senior Communications Manager
jayne.runacres@prospects.co.uk
020 8315 1023 or 07901 922211
 


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