Contracting is often thought of as the arena of people who have evolved in their careers, if they have built networks and gained enough experience to be considered experts in their field. However, this is likely to change with recent research AAT and Survation 43% of 16 to 24-year-olds have the ambition to start their own business during their working life.
What the survey shows
Of the 1,001 young people interviewed, 49% of people with a lower socio-economic background wanted to be self-employed. This figure was 46% for people with a medium socioeconomic background and 44% for those with a higher socioeconomic background. While it does not exist much Due to these varying numbers, self-employment is particularly appealing to young people with disadvantaged backgrounds, who may not be well served by traditional recruiting methods when looking for work.
However, money can be seen as an obstacle to self-employment. 44% of respondents saw enough money to start as a top priority in starting a business. In terms of competencies, financial management was seen as the most important by 40%, followed by communication / negotiation (36%) and leadership (29%).
Adam Harper, Director of Strategy and Professional Standards at AAT said, "It's great to see that young people have the ambition to start their own business regardless of their background. Despite the prevailing obstacles to social mobility, the next generation of workers has an entrepreneurial spirit that replaces them.
"With the rise of the gig economy, flexible work environments, SME numbers and digital opportunities, young people are increasingly living in a world where they can see their only limitation as a measure of their own ambition."
What would more young people bring to the contract arena?
It is difficult to say exactly what more young people in the talent pool will do exactly, but we would suggest that this would bring:
- Current skillsets
- More innovation
- Increased cooperation
- More competition
- Mentoring opportunities
It is not beyond the possibilities to point out that we will soon see graduates and graduates who never enter the formal labor market and instead switch directly to self – employment, which could gradually lead to a change of our kind think about careers and enlighten our young people.
Independent lessons in schools?
Assuming that these survey results are representative of the country's young people, it would not be too much to assume that self-employment should be taught as a viable option in vocational education. This could take into account some practical aspects such as finance, taxes and duties Contractor insuranceas well as the more creative side like designing a website and marketing yourself.
Of course, this is just speculation, but it may be useful to educate young people early on the practicalities of self-employment so that they can seek and work towards more.
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