WEXO is now FREE… Matching talent with great opportunities…



This morning at around 1am we went live with some major changes to the way WEXO works and in the coming weeks you’ll start to see the look and feel of WEXO change too.

* CANDIDATES will no longer have to pay £10 to identify companies and apply for opportunities.

* COMPANIES will now be able to choose between paying up front to advertise internships & jobs through the WEXO network or engaging our experienced team to help them find the best recruits.

* CAREER GUIDANCE is now just a click away.

When we started WEXO as ‘Work Experience Online’ in 2007, we set up a company that would focus on democratising access to work experience and encouraging Generation Y to ‘do something different with your day’ (see launch video!) We had many excellent contacts in aspirational organisations (largely in the creative industries) but their core problem was receiving and rifling through too many CVs for the opportunities they had to offer. They were interested in us finding them graduates and using our network to fill higher level roles too but their main problem was filtering out the strong candidates from a mass of applications.

In the beginning (when man created site), we looked hard at where the value in our offering was and,uncommonly, made it free to post roles on the site (to get as much ‘content’ as possible). We allowed people to search for free but only allowed those who joined us as members (paying a one off £10 Membership fee) to identity the companies behind the roles on offer and apply for them. We also invested a lot of resources into building our ‘filtration technology’ which matches candidates with opportunities and remains one of the key USPs of WEXO. It allows us to rate candidates and our companies to rank applicants.

At the same time as entering this market, we subconsciously entered the ‘unpaid Internships’ debate (most recent thoughts on that here, here and here!). Beyond question, this has shaped our development as a company and dictated our direction. As staunch supporters of people paying for value (hence interns – or in my other working capacity, musicians!) it was only natural that we would eventually start charging companies for finding them good people. But as we have found it easier to place interns and graduates than to to improve access to work experience in its purest form (SHORT, UNPAID placements for YOUNG people – where they derive the lion’s share of the value), so it has made sense to move away from charging our users to apply for roles on the site. We always offered paying members career guidance however and remain committed to this. We are also delighted to say that we have recently been joined by Bella Connelly and Tray Durrant from Tinker Tailor who are happy to offer refined 30 minute careers and CV advice sessions to anyone on WEXO for a much reduced fee of £50. We will be exploring other ways to add to this offer in due course and it will become a focus of the site but if you are interested please email:info@wexo.co.uk

The most consistent proactive feedback has always been that it is unfair to be charged £10 to apply for a job but in some ways, that was what our key stakeholders (our companies) have required. They only wanted to see considered applications and we found that only those that really wanted the role would pay £10 to apply. We concede that this wasn’t how everyone saw it!

Many have identified the two biggest problems in the recruitment industry today as too many people applying for too many jobs (‘Shotgunning‘) and not enough applicants receiving responses or feedback (‘Freeloading‘). A lot of this is driven by the Internet economy itself which has broken down many barriers for the better but also created expectation whilst failing to manage it. Our response now is to restrict people to applying for a maximum of 3 roles at any one time (and focus ambition) whilst ensuring that all applicants get a response of sorts within 14 days (we have much work to do in this space and are continually open to feedback).

We also want to ensure that we are working with similarly minded companies – ones that want to invest in finding talent and driving UK PLC out of the recession. From now on, we still allow you to sign up for free but offer you a range of options to promote your opportunities to our growing user base of over 10,000 and a partner network that stretches to up to 750,000 (prices from £135 to £750). Through Step, host businesses have access to a wider network of upto 750,000 students and graduates. And for those of you that simply want us to help find you strong candidates, we look forward to hearing from you and will respond to postings within 24 hours to discuss the best course of action (more info here). We are proud of the work that we have done of late and are excited about some of the new things in the pipeline:

* Finding, recruiting and payrolling over 60 graduates to work with UPS at the London 2012 Olympic Games with STEP and their Internship programmes.

* Placing interns and permanent employees in roles at exciting start-ups including Housebites and Fanatix and more traditional companies like Henry Cookson Travel and Claudia Bradby Jewellery.

* Running searches for permanent roles at big names like Purple PR, Badoo and MiH Jeans.

Whilst we remain believers in Freemium business models (from the Financial Times to Spotify), as with internships and work experience, it remains a question of what is free and how much?

Robin Kennedy, Co-founder & CEO, WEXO

Thank you to all our users for their support and patience as we enact the next phase of changes on WEXO. Please keep letting us know what improvements you want us to make.

Being David Willets: Winning Internships



Yesterday, I was asked to speak at the ‘Winning Internships’ event hosted by the London Careers Group (the careers advisory service for almost every university in London). There were an impressive selection of over 300 employers there ranging from BSkyB to Morgan Stanley and the intriguingly named MyChocolate to the flamboyant philanthropic millionaire, Felix Dennis’s self named publishing company. The latter even sent both a director and a highly entertaining intern to talk about their positive experiences of working with paid internship schemes using the STEP programmes that we are proud to have been running for over 2 years.

The other speakers at the event included STEP’s CEO, Phil Donnelly and Jon Heuvel, (Chair of The Skills and Employment Forum, London Chamber of Commerce and Industry) who took us through the legal angle on internships which largely dovetailed with our own perspective. I was actually filling in for the Universities Minister David Willets and noted the disappointment that most of the audience must have felt, expecting a politician who studies universities and getting someone who simply studied politics at university. I’m grateful for the positive feedback I received though for talking about the theory of internships, the issues surrounding them and using our work with UPS and the Olympics as a case study for how internships can work in practice. For those of you asking or interested, the slides are here.

As I am always stressing, the critical issue for me is distinguishing internships from work experience and understanding who derives the value which dictates remuneration. In ‘Intern Nation’ author Ross Perlin’s words, through unpaid internships,“all of us – employers, parents, schools, government agencies, and interns themselves – are complicit [albeit subconsciously] in the devaluing of work, the exacerbation of social inequality, and the disillusionment of young people in the workplace”. In the absence of the government prioritizing graduate employment as a policy or investment focus, it is up to all of us to work together to address this. We should not be regulating, naming and shaming those that don’t pay their interns, we should we educating, incentivising and encouraging them to change their approach.

Having done the first WEXO Summer Fete at UCL and our first ever event at the Guardian London Graduate Fair (run by The Careers Group) it was fitting to be involved. What struck me most was the enthusiasm from employers for doing the right things by graduates whether it be for moral or legal reasons. My thanks to The London Careers Group for involving us.

Robin Kennedy

WEXO: New year, new gear…



Happy New Year, One and All. 2012 might well be the Chinese Zodiac Year of The Dragon but (despite protests about a new stamp in China) I am told that the dragon is best known for its abilities to “exorcise evil spirits and offer blessings”. So perhaps we will see the back of Jeremy Clarkson (opinion is divided here as to his appeal) and a host of new employment options?

I wanted to take this opportunity to update you all on a few new things that are going on at WEXO Towers and seek your thoughts on some others. I’ll start by saying that at the end of last year, we welcomed Dominique Edmonds to the team. Dominique was brought up in Surrey before attending the Bristol Institute of Modern Music and will be working as my assistant both on WEXO and the other major project I am involved in – the management of Mano de Dios who release their debut album on 23rd January. Previously, Dom worked as an Events Coordinator at Sportsvision and in true WEXO tradition has also held down a number of other roles ranging from working as a snowboard guide to pulling pints! She will be a valuable member of a team which is set to grow in the next few months. We are hoping to announce the appointment of a Recruitment Director and Business Development Director in the coming weeks and we will likely be taking on a few paid interns once these shoes are comfortably filled…

With that in mind, perhaps the most exciting development last year (as well as hosting Marco Pierre White at one of our WEXO events, visiting No.10 and being asked to work with the Student Film Festival London) was being selected to front the graduate recruitment for Deputy Venue Logistics Managers with UPS at the London 2012 Olympics. Working with STEP, we have helped place 60 candidates but still have another 20-30 positions to fill so do please apply and we can all do our little bit to make 2012 a phenomenal success. There are plenty of other roles on the site which we are continuing to develop as larger opportunities in the recruitment world present themselves. In the meantime, we are helping prepare a paper on the issues surrounding work experience, internships and apprenticeships (together with NDotM / The Creative Society) and would value your feedback. All responses will be considered for a draw for 2 tickets to watch one of the Olympic events.

1. What do you consider to be the key distinctions between internships and apprenticeships?

2. Is it unfair that students are not allowed to collect Jobseekers Allowance (JSA) if doing work experience or unpaid internships?

3. Should the government be doing more to educate the nation about the distinctions between work experience internships and apprenticeships and to encourage or incentivise companies to offer more paid employment for young people?

We look forward to helping make a year of achievement for us all. More importantly though, here’s to a happy and healthy one.

Robin Kennedy, Co-founder and Managing Director

My WEXO Experience: Platinum Rye Entertainment



WEXO placements using the STEP schemes don’t just work for people who are entering the working world. Andy Stafford had already worked in the music industry and decided to go back to university. His account here shows how someone with significant experience managed to finance an internship that then turned into a full time role:

“After working at an independent record label for two years I decided to take a short hiatus from the music industry to complete my post-graduate studies. Initially I was apprehensive about the prospect leaving paid work to re-enter academia but thanks to WEXO I can safely say it was a decision that’s paid off. Upon completing my course WEXO helped me fit back into the music business seamlessly. I was lucky enough to be given a role within the music division of Platinum Rye Entertainment, a company that facilitates music licencing as well as sourcing tracks for use in TV, Radio and Online advertising. It is an arena that I’ve always wanted a role in, where my duties include providing music searches, negotiating music licences and liaising with advertising producers and creatives.

After my internship period ended I am very pleased to say that I am now a full time member of staff at Platinum Rye Entertainment.

Thank you WEXO.”

INTERN NATION? How do we skill up young people to get jobs?



Last week I was invited to attend a breakfast and ‘opinion-former panel event’ at the BIS Conference Centre. It was titled as above – apparently a coincidental duplication of the book of the same name (which I’m now struggling to ‘get in to’) by Ross Perlin – who sadly wasn’t able to attend.

If you’re interested, you can hear the whole event podcast here or read Psychology Magazine’s well written summary of what was discussed here

It was brilliant that Editorial Intelligence brought together many other parties with an interest in answering the question of how we should skill up young people to get jobs.

But I came away feeling disheartened. The panel were certainly accomplished and the talk was well attended but any opportunity to unite opinion and take real action was missed. When given the opportunity, skilling up young people to get jobs will best be achieved by Education and Inspiration on 3 levels. Sadly, the weaknesses of this event lay partly in the title and partly in the make-up of the panel.

  1. EDUCATING YOUNG PEOPLE:. Simon Waugh, Executive Chairman of the National Apprenticeship Service is clearly a successful, hard working kind of guy who has probably sacrificed the pecuniary gains of executive level roles in the private sector to try and make a difference and help others in public. So no disrespect to him, but calling an event ‘Intern Nation’ and then including someone on the panel who runs an apprenticeship service only perpetuates the semantic confusion as to what an internship is – and more importantly isn’t. In case you haven’t read my rants before, here is my take on the distinction between work experience, internships and apprenticeships. Without clarification (and education), interns, ‘workies’ and apprentices will never really understand their rights and government will continue to fuel the fire with inconsistent policies:

    * Work experience: Short placements (generally 1-2 weeks) which are usually for younger people (16-18) to get a ‘taste’ of the working world and typically unpaid though we encourage companies to pay expenses.

    * Internships: 1-3 month placements, largely for undergraduates and increasingly graduates, which should be paid for legal AND moral reasons given that the company derives financial value which should be shared.

    * Apprenticeships: Apprenticeships as we see them are long term (1-2 year) paid training programmes which leave you with a vocational qualification usually in a craft or a skill. We believe they should be seen as an equal alternative to higher education. We do not believe that ‘The Apprentice’ on BBC 1 helps the classification quandry. Realistically, we would have called it ‘The Accomplice’ or more appropriately, the ‘The Attention Seeker’.

    * Jobs: What all the above should eventually result in.

  2. COMPANIES NEED TO BE EDUCATED AND INCENTIVISE:. It’s a shame that someone as influential and expressive as Laurie Penny (Journalist, author and activist )seems to see the stick as the only solution to the ill justice of unpaid internships. “Don’t bite the hand that feeds you?” Along with many others, she is overtly focused on naming and shaming companies that might not know any better. It would be a real shame if such companies close their doors to young people all together for fear of falling foul of bureaucracy. As I explained to ‘Jilted Generation’ author, Shiv Malik, afterwards, WEXO would far rather we all focus on the carrot of incentivising companies to offer paid internships (via the STEP schemes, proposals for recouping costs of internships from VAT etc) rather than antagonise companies with the stick and choke the supply pipeline? We might also want to remind them that the average Return on Investment of a Graduate is 500% over 3 years.
  3. IMPROVING EDUCATION PER SE:. It’s The education system is this country IS partly to blame for not skilling people up to get jobs. This is as much the case as it was for the chair of the event, Brian Groom of the FT, failing to break up the childish confrontation between Citibank Head of Graduate Recruitment, Gemma Lines (I hope she concedes that the City owes the country a debt of gratitude and should sponsor other internships as well as inflating their own remuneration even at this level) and Laurie Penney (in fairness it was driven by the latter). The UK’s education system has got worse and this is successively shown to be the case by numeracy and literacy statistics. Moreover, higher education (especially now that it’s paid for) should give its pupils far better careers education and include vocational experience as part of some degrees.

Strangely, the 2 panel members who were least controversial, focused least on the question in hand. This said, Martin Bright , former journalist and founder of New Deal of the Mind (who we work with on BITC’s Work Inspiration campaign) and Faye Wenman, from theTaylor Bennett Foundation, were both entertaining and informative about the good work that they do in trying to create a more meritocratic and productive society. We applaud their work (and the social enterprise, Talent to Work, that this event was ultimately launching) but look to companies and organisations with the reach and resources that we do not currently have to unite the rest of us in effecting real change.

Robin Kennedy

My WEXO Experience: Interning at Platinum Rye



Regarding my career direction I’ve always felt lucky in that I realised early on that I wanted to work in some capacity within the music industry. With this in mind I was acutely aware that in order to make myself more attractive to employers I needed to build a strong CV of work experience and internship placements, something I did at a number of companies invested in the creative field (Remedy TV, FRUKT Music Intelligence, Bella Union, Warner Bros. Records). From a music television production company to both independent and major record labels I gained a strong knowledge of how different areas of the industry operated.

However, it wasn’t until I saw an internship advertised on WEXO that I really felt that I’d found the role that would directly lead me into the career line I wished to follow – that of music syncing and licensing. Whilst there were a number of outstanding opportunities advertised on the website it was the fantastic position as a music intern at Platinum Rye Entertainment that I hoped to gain. The company is the world’s largest broker of celebrity and recording artist talent for ad campaigns and PR events with recent campaigns including both Friendly Fires and Bat For Lashes for Gucci, The Beatles for Hugo Boss and the recent Lucozade advertisements that have been the talk of the town! I was therefore eager to apply as there really would be no greater education in this sector…

Having submitted my profile I was fortunate enough to be asked to interview with the two UK Directors of Music, following which I learnt I had been offered the role and I was elated! From the get-go I felt like a valued member of the team and was immediately involved in a range of tasks – from music searches to administrative responsibilities I felt that I was gaining the most invaluable experience I could have hoped for.

It’s safe to say that without the WEXO team and and the STEP scheme (which paid me a training allowance commensurate with National Minimum Wage) I would never have had this opportunity to work at such a great company that has hands down provided the best working environment I’ve ever experienced. It even looks like I might be staying here a bit longer…

Tara Lynch

Another day in the office… The PM’s office…



I was most appreciative to have been invited in to No. 10 today to air WEXO’s views on youth unemployment…


1) What it’s like going to No. 10?
2) What was discussed?
3) What can be acheived?


1. WHAT’S IT LIKE GOING TO NO. 10?

If truth be told, I was a little apprehensive (a fair reminder of how many of you feel, when invited in for interviews). On arrival at Westminster, I manoeuvred my way through a throng of people alongside the Cenotaph and crisply announced that I was ‘here for a meeting at No. 10′. My credentials and bags checked, I strode on down Downing Street half expecting to bump into David (PM’s Question Time and a defence of GDP growth beckoned) or at least Nick Robinson (presumably contemplating whether Obama was born in America) but calm was all around.

Not sure what the protocol was, I rang the bell alongside the door which was instantly opened by an official looking gentleman who asked me to leave my phone in one of the cubby holes (Slot ’007′ was inauspiciously unoccupied but I plumped for it). I then obligingly took a seat below a long and winding staircase which conjured up visions of an seemingly ‘home-alone’ PM/Hugh Grant dancing down it.

2. WHAT WAS DISCUSSED?

My host, an assertive yet accommodating senior policy adviser with a testing mandate (Education, Welfare and Pensions), shortly emerged and there followed a concise yet considered exchange of views which hinged on ‘supply versus demand’, budgetary pressures and the role of government. Youth unemployment it seems is shortly to be moved up the agenda and it was encouraging that players like ourselves were to be consulted in plotting its demise.

One of the key concerns seemed not to be the apparent difference of opinion between DC and NC on access to work experience (understandably – I believe the two can be aligned: sharp elbows are fine so long as everyone knows where the starting line is); rather it was the current reluctance of companies to back ‘first timers’ in lieu of ‘tried and tested’ recruits. Youth unemployment is hovering around the 1m mark. We reflected on how depressing this was when recent figures suggest that graduates (at least) offer a 500% Return On Investment (ROI) over 3 years – adding over £1Bn of value to the UK economy last year.

On the disclosure that we had previously tried to form an ‘Internships Alliance’, it was inferred that if we wanted to assemble some of the key players in this space, government advisers and representatives from BIS would be happy to invite us in to consider our suggestions. This I see as the ‘Big Society’ in action. I sensed that although the government does not see merit in state intervention, it could see value in working WITH select partners in the public and private sector to INSPIRE and INCENTIVISE (corporate) society at large to effect change (investing in an otherwise ‘lost generation’). It does not want to be seen as a ‘bully pulpit’ but it does perhaps acknowledge that it is best placed to showcase good practice and then ‘spread the word’?

Otherwise, the key issues that we touched on were:

* NETWORKING v NEPOTISM: WEXO doesn’t believe there’s anything wrong with using your network to get a job / work experience (it’s a useful skill for the working world) so long as other people are presented with the means to be considered too (and the opportunity goes to the most suitable candidate based on merit). Our technology encourages this by ranking and matching candidates to opportunities.

* SMEs: Many large companies already offer structured work experience and internship programs, but we believe the government should focus on enthusing / incentivising small and medium-sized businesses to take young people on (we have historically suggested recouping costs from VAT hike?). It is these SMEs that represent the backbone of the British economy (60% of GDP?) and which we (and other potential Internships Alliance lobby members) particularly represent. WEXO offers companies a platform to promote opportunities democratically and low maintenance cost, efficient schemes (via STEP and endorsed by Boris Johnson) to pay interns fairly.

* WORK EXPERIENCE V INTERNSHIPS: There is a clear distinction between ‘work experience’ and ‘internships‘ and this is critical in the ‘unpaid’ debate. We encourage companies to offer work experience (unpaid but preferably with expenses covered) for periods of up to 2 weeks. Thereafter (when the value generated exceeds that which is which is earned), we suggest companies offer paid internships for anything up to 3 months. For us, this is more a moral issue than a legal one (Blog here). After 3 months we suggest companies either offer people a job or let them get on with their job search. Otherwise they get stuck in the ‘internship trap’. Although WEXO is clear that work experience, apprenticeships and internships are totally different entities (based on duration, who applies, and remuneration or who derives value), the public at large might not be and so consideration needs to be given to this. Furthermore, we see the need for clarity on interns being entitled to National Minimum Wage, apprentices being entitled to £2.50 an hour and job seekers being allowed to do work experience for up to 2 months on JSA (Job Seekers Allowance).

* CAREERS ADVICE: Against a backdrop of record youth unemployment, a recent Ofsted survey suggested that one in three schools are failing to give good advice to students about future career prospects. A report by Deloitte said that 95% of young people want employers to be more involved in providing guidance about careers citing that they feel ‘bewildered’ and ‘uninformed’ by the career choices on offer. We would encourage government to back inspirational careers guidance to the like of the ‘How I Made It in…’ Events involving executives from the front line of their industries as featured on WEXO tv.

* FUNDING: As per our blog at the time, in the budget, George Osborne committed to investing in 4 times as many 8 week work experience placements as previously for 18-21 year olds. The scheme, administered by Job Centre Plus allows those doing so to collect JSA (Job Searchers Allowance). It’s a reasonably well conceived initiative but it doesn’t address the issue of finding rewarding work experience. “As George pointed out, the problem is that only 1 in 10 companies in the UK offer work experience as opposed to 1 in 4 in Germany. If George wants to see a return on his recent investment he needs to address both sides of the equation”. So funding for this and the £180m ‘Apprenticeships’ packages should address supply of opportunities as well as demand.

3) WHAT CAN BE ACHIEVED?

With the above in mind, WEXO is excited about the prospect of working with the powers-that-be to help educate companies and incentivise them to recruit and invest in young people who are better informed.

* PROBABLE OUTCOME: At the very least, we feel sure that the government will honour its offer to listen to, acknowledge and where possible, address, the consensus suggestions of the key players in this space. We trust that this will not be a repeat of the unfulfilled promises of 3 years ago when we met the Panel for Fair Access to the Professions and offered to help with The Graduate Talent Pool.

* POSSIBLE OUTCOME: Even if say just SMEs (and especially ‘STEM’ [Science, Technology Engineering and Maths] companies – the future?) could recoup the costs of one 3 month internship each from VAT at National Minimum Wage (~£220 a week), it would help them show commitment to the managers of tomorrow? Instead of giving £15m worth of funding directly to the Higher Education Authorities – HEFCE (which was largely left unspent?) – we would suggest that the government ‘atones’ itself for the recent tuition fee hikes (which we actually support) and invests some of the proceeds in subsidies that public-private sector partnerships (including HEFCE) can promote to companies that are desperate to take on young people. Perhaps funding could come from the new £50m ‘Growth and Innovation Fund’? We believe that given the ROI generated by graduates any such initiative would be cost-neutral at worst.

* PREFERRED OUTCOME: WEXO was recently a member of two syndicates that spent a considerable amount of time, money and energy submitting tenders (and being shortlisted) for grants to supply work experience and Internships across London. With the funding then being clawed back from the LDA, the projects were subsequently abandoned. We acknowledge that the government would rather let the market decide who the winners are (and we are happy to operate on this basis) but what IF this government decided that it would like to back responsible corporate and social enterprises (as well as banks) and actually INVEST in the next generation through performance related, service provision grants to the like of the ones discussed above? A little could go a long way to get the motor running and generating decent GDP growth.

My thanks for the opportunity.

Robin Kennedy. Co-Founder, WEXO

PRESS RELEASE: PLACEMENT PROGRAMME REACHES OUT TO STUDENTS AND BUSINESSES ACROSS LONDON



PRESS RELEASE: PLACEMENT PROGRAMME REACHES OUT TO STUDENTS AND BUSINESSES ACROSS LONDON

6th April 2011: Step launches 2011 programme search for London’s Most Enterprising Students and Graduates

With graduate unemployment levels at historic highs, the UK’s leading paid student placement and internship provider today announces it is expanding its programme across London to enable more students and graduates to gain the experience which could be vital to landing a permanent job.

The Mayor of London, Boris Johnson, said:

“It is essential that graduates move successfully from academic to working life and a place on an internship scheme is a fantastic way to start out. I am delighted to support a programme that not only works to provide real opportunities for graduates, but that also directly helps to enhance the competitiveness and productivity of the capital’s businesses.”

For 2011 Step is working with two new key partners to help expand the number and range of opportunities available across London. The Careers Group (University of London) are giving Step a major boost this year by offering the placement programme to their employer partners for the first time, and will be working closely with Step’s other new partner Real World Magazine. Existing partner WEXO (Work Experience Online) will continue to focus on the creative industries and SMEs and the partnership will be managed by the central Step team.

Every summer STEP places hundreds of undergraduates to run business development projects tailored to their individual skills and career ambitions. And following a highly successful trial supported by the Department for Business, Innovation and Skills (BIS) in 2010, Step will now continue to also offer opportunities to recent graduates.

The 12-week placements give students and graduates the chance to generate results which could provide a real boost to their employment prospects whilst gaining relevant and meaningful work experience. The programme, has delivered more than 23,000 projects in SMEs since it began in 1986.

Small businesses, which still may find themselves stretched in the current economic climate, also benefit from the projects, which can deliver substantial financial rewards. Every year, almost half (48%) of Step students add more than £5,000 worth of value to their host business, while a fifth (17%) have added more than £30,000.

Students and graduates can apply for a wide range of placements ranging from designing websites and bespoke software to devising marketing strategies and identifying potential new markets.

The programmes have helped deliver paid placements to companies ranging from Manchester United’s London offices to innovative new London Gin distiller, Sipsmith and internet sensations Mydeco.com and Skimbit to property company Ivy Lettings.

Philip Donnelly, Programme Director at Step Enterprise, said: “Step is a direct and practical response to the challenge that tens of thousands of UK graduates face when they move from the world of study into employment. I am delighted that with our new London partners we will be creating more opportunities for meaningful placements right across the Capital.”

Students and recent graduates can find out more and apply for a placement in London at www.wexo.co.uk Towards the end of their placement all candidates will write a blog on their achievements and personal development, which will be entered into the ‘Most Enterprising Student’ awards.

Businesses that have a potential project opportunity should email info@wexo.co.uk or visit the website for more information. Applications received by April 30th will benefit from a special Spring discount offer.

~ENDS~

For more information contact Robin Kennedy on info@wexo.co.uk

Notes to editors:

Step is a direct response to the challenge that tens of thousands of UK graduates face when they move from the world of study into employment.

There have been around 22,000 Step placements since the programme began in 1986. The CBI and Universities UK’s report, Future fit: Preparing graduates for the world of work (March 2009), endorsed Step as a programme which can help students develop employability skills. In 2010 Step received support from BIS to deliver 400 additional graduate internships alongside the Government’s wider investment in Graduate Talent Pool.

Step historically has focussed on small businesses, but with the drive to create as many meaningful opportunities as possible, is now opening up the programme to businesses of any size or sector.

Participating students and graduates receive a minimum training allowance of £210 a week while on placement, which is free of tax and national insurance.

A network of Universities, Enterprise Agencies and HR/training specialists partner with Step Enterprise to deliver the programme across the UK.

In London we are delighted to have the support of three new partners who will be delivering Step right across the Capital:

* The Careers Group, is the largest university careers service in the UK providing high quality and cost effective shared careers and employability services to 17 colleges in the University of London. Working with over 4,000 national and regional employers The Careers Group provides innovative support and engagement channels for its students and recent graduates. It has one of the most active online graduate opportunities jobs boards in the UK and is well-known for its pioneering work on the analysis and reporting of graduate employment.

* WEXO is a matchmaking network for those offering or requiring work experience, internships and jobs. It also organises filmed careers Q+A events.

* Real World Magazine has established itself as a market leader in graduate recruitment advice, having been voted four times as the best-read magazine on campus by the High Fliers Organisation

In 2011 STEP and its partners anticipate around 200 opportunities in London and over 600 right across the UK, from the south coast of England to the Highlands and Islands of Scotland.

Step has received a range of national and regional Government funding in past years, and until 2009 was sponsored by Shell UK. Following Shell’s withdrawal of support in 2009-10, Step Enterprise have worked hard to develop and enhance the programme, creating a sustainable focused entirely on the needs of participating students, graduates and employers.


PRESS COMMENT





*** PRESS COMMENT: WEXO invites government to help make “It’s not who you know, it’s who you are” a reality ***

5th April 2011: WEXO (Work Experience Online) welcomes this morning’s news that the government is to focus on reversing the growing culture of unpaid internships as part of its social mobility scheme. The announcement that Nick Clegg will champion this initiative is encouraging. WEXO invites the government to actualise its commitment to private/public sector partnerships and work with it to tackle these issues head on.

Robin Kennedy, Co-founder and CEO of WEXO said: “In a difficult economy, internships have started to replace graduate schemes in small businesses as a ‘first job’ vehicle. For some time now, we’ve been trying to foster a meritocratic culture that democratises access to work experience and internships using the internet. I welcome today’s announcements and look forward to hearing more but this space is fraught with sensitivities. We don’t need rhetoric and policy; what we need is to educate and incentivise companies to take on the best people and pay them fairly. I’d be delighted to work with the government to this end.”

WEXO has teamed up with STEP to make it easier for companies to find the best interns. STEP has already successfully operated the London Innovation Placement Programme and its own Graduate STEP Scheme with The Department for Business, Innovation & Skills (BIS). Both schemes, which WEXO has worked with STEP on, have proved successful in providing a cost effective solution that helps companies find first class interns who in return receive an appropriate level of remuneration (which is the equivalent of at least the national minimum wage) for their hard work. One of WEXO’s recent proposals was that companies should be able to recoup the costs of paying interns from this year’s VAT increase.

In an earlier release, Sir Stuart Rose, former Chairman of Marks & Spencer and founder of BITC initiative ‘Work Inspiration’, said: “I’m a big believer in what WEXO is doing to help get students and graduates working again. By utilising the power of the internet, they are helping match talent to exciting opportunities.”

~ENDS~

Notes to editors:

WEXO (www.wexo.co.uk) is a matchmaking network exciting work experience, internships and jobs. WEXO’s technology now allows companies to rank and sort applications and it has already developed a strong client list of over 500 companies including Sony Music, Armani and Working Title as well as many start-ups, charities and SMEs. WEXO has been featured on BBC Television News and was a finalist for the 2009 LSE Recruitment Awards in the ‘Most Innovative Use of Technology’ category. More recently the company has launched ‘WEXO tv’ to help inspire and educate people about different industries. The company was founded in 2007 by ex-investment banker Robin Kennedy and London ‘fixer’ Harry Becher. The platform was built with seed funding and the company generates revenue from membership fees, search fees and advertising.

Step (www.step.org.uk) has over 10 years of experience in developing some of the UK’s most innovative and well regarded placement programmes. Quoted as a model of good practice by the Alan Milburn-chaired Panel on Fair Access, Step are working directly with the Department of Business to make these opportunities a reality.

For more information contact Robin Kennedy on info@wexo.co.uk or by calling: +44 (0) 203 287 7644


George Osborne needs some more work experience




‘George, aged 39, has shown much promise this term in growth studies but unfortunately his performance in yesterday’s examination fell short of expectations. He seems to struggle with the fundamental concept of ROI. With time, we feel he can excel and we would encourage him to work with others to this end.’

That’s how George’s report on yesterday’s budget might read. ‘ROI’ (Return on Investment) might seem like an overly complex term for a school report but you didn’t see my 6 year old niece’s equivalent which talked about ‘visual-spatial awareness’ – as if she’d know what that was?

Anyway, what a shame that an MP with such a strong commercial upbringing (Daddy founded a very successful wallpaper company) should fail to inspire us in yesterday’s budget – at least with reference to youth unemployment. Don’t get me wrong, it wasn’t a criminal act. In terms of timing it was refreshingly short coming in at just 56 minutes – though Ladbroke’s still honoured a bet that Ken Clarke would fall asleep – but on our territory at least, it could have gone so much further.


We were actually impressed with some of George’s announcements yesterday, in particular:

  1. ENTREPRENEURS: Doubling and extending the Entrepreneur’s Relief Scheme and Increasing the EIS tax break threshold from 20% to 30%. This will further incentivise angel investment in new enterprise (OFFBEAT QUESTION: When will the government start incentivising investment in music rather than just film in a world where the major labels have failed ALL their stakeholders? UK Plc used to be good at music?)
  2. FIRST TIME BUYERS: 10,000 will now be able to put up just 5% of the deposit for a house purchase with the government and builders putting up a further 10% each.
  3. CORPORATION TAX: Cuts of 2p make British corporation tax rates the lowest in the G7.

But on the measures designed to tackle youth unemployment, we think there’s ‘room for improvement’…

Naturally, WEXO has long been a proponent of incentivinsing investment in graduates (see last year’s press release) who offer an excellent ROI. The same could be said for work experience. Yesterday, George committed to investing in 4 times as many 8 week work experience placements as previously for 18-21 year olds. The scheme, administered by Job Centre Plus allows those doing so to collect JSA (Job Searchers Allowance). It’s a reasonably well conceived initiative (it does confuse the distinction between work experience, paid internships and National Minimum Wage legislation addressed in a previous blog) but it doesn’t address the issue of finding rewarding work experience. WEXO consistently has people referred to it by Job Centre Plus, who get all the funding, but don’t do the work. As George pointed out, the problem is that only 1 in 10 companies in the UK offer work experience as opposed to 1 in 4 in Germany. If George wants to see a return on his recent investment he needs to address both sides of the equation.

One of the ideas that we have been looking at with Kids Company et al is for organisations to involve their graduates in administering work experience programmes, developing their management potential whilst sharing the benefits of their training with their younger, potentially less fortunate peers. WIN:WIN. Ideas like these might persuade companies to open up their doors to the executives of tomorrow. We’d like to see more support for these kinds of initiatives.

I’d like to think that the ‘Growth and Innovation Fund’ could help foster private and public sector partnerships and ROI. It’s now new (Phil Donnelly of our partner company, STEP, was kind enough to give me a copy of it in a pre-budget meeting yesterday ) and it’s only worth £50m but as a company involved in a syndicate that invested time and money to bid on LDA (London Development Agency) Internship funding, my principle concern is the inevitable bureaucracy associated with public sector funding. Having made it on to the final 3 shortlist, six months after the deadline for an announcement we are yet to hear the result and the LDA are yet to hear if they still exist!

Along with work experience, George announced a £180m package to fund 50,000 more apprenticeships over the next four years, and 24 ‘University Technical Colleges’. We like the idea of practical tertiary education but as the Telegraph argued earlier this month, the concept of apprenticeships itself feels outdated and what about graduates? Wasn’t this the perfect opportunity to atone them for the tuition fee hikes? We disagree with the FSB that the universities (HEFCE) should be given more funding to run internships schemes but isn’t there a way the government can work directly with the private sector to help graduates?

As a parting shot (and leaving aside ‘Blairgate’), if each cruise missile we fire at Libya costs around £500k and we’re so in need of economic stimulus back home, why did the House of Commons vote so vehemently (557-13) in favour of military intervention?

Robin Kennedy