M&S Reveal their Findings from Work and Money Survey

Up to 87% of 8-18s see benefit of part-time work

The UK's 8-18 year-olds are very keen to secure part-time work before they are 18 and believe that it will help them get ahead in life by giving them valuable work and money management experience, according to the M&S Money Under-18s' Work and Money Survey 2010.

Survey highlights include:

72% (tweens) and 87% (teens) would like to have a part-time job by the age of 18
40% believe that working before they leave education will help them to get a job when they are older
One in four 8-13s and one in three 14-18s do chores to earn regular pocket money from their parents

Desire to Work

The survey reveals that 80% of all 8-18s are keen to have a part-time job before they are 18. Teenagers aged 14-18 are most likely to have a part-time job; 25% of 16-17 year olds have one and 30% of 18 year olds do. However 55% of 16-18 year olds, a far higher proportion of the age group, have tried to get a part time job in the past six months, reflecting the toughness of the current job market.

Benefits of Working

The importance of financial independence is seen as a key benefit, with 62% of Tweens and 65% of Teens aspiring to the great feeling of earning their own money.

Many Tweens and Teens also see what they do now as relevant to their future CVs and a great way to help them develop and mature. 37% of Tweens and 42% of Teens believe that working now will help them get a job when they are older, teach them to be more responsible and grow up (35% of Tweens and 44% of Teens) and help them to learn about managing money (28% of Tweens and 39% of Teens).

Top Ways to Earn Money

While 42% of 8-13s and 44% of 14-18s are given some money by their parents without having to earn it, many do work for money, with the top three routes for Tweens being ; an allowance from parents dependent on chores (39%), odd jobs around the house such as washing the car (13%) and doing chores for grandparents (3%).

The top routes for 14-18s to earn money are: An allowance dependent on chores (29%), working in a shop/restaurant (12%), odd jobs around the house (9%), paper round (7%) and babysitting (6%).

Concerns About School Work

Teenagers (14-18 year olds) are a little more concerned about the impact on their school work, with just over one in five (22%) thinking they should concentrate on their studies rather than pursue a part time job compared to 15% of Tweens. In addition, 7% of Teens think they shouldn't have to work at all, compared to 5% of Tweens.

Amanda Newman, M&S Money Head of Marketing, commented on the findings:

"We are impressed to see that 80% of today's Tweens and teens are keen to earn their own money and get a part-time job before they turn 18 years old. While focus on academic success is important, a part-time job can teach young people important life skills such as how to conduct themselves in a professional environment, a sense of responsibility and how to manage their own money.

"M&S Money is committed to helping young people tackle their finances in an informed proactive way through schemes such as DebtCred*, which educates young people about the sensible use of credit, personal financial management and the hazards of overindebtedness. We are therefore incredibly pleased that this generation appears to be learning from the mistakes of other generations and looking to take proactive steps to improve their finances."

New Minimum Wage Rates

The National minimum wage rate changed on the 1st October to the following:

workers aged 21 and over will increase to £5.93 per hour
workers aged 18 to 20 will increase to $4.92 per hour
workers aged 16 to 17 will increase to £3.64 per hour

For the first time, there will also be an apprenticeship minimum wage of £2.50 per hour, in addition to the opportunity to gain valuable work experience and improve qualifications. The new rate will apply to apprentices who are under 19 years of age or those who are aged 19 and over in the first year of their apprenticeship.

Some interesting LAW facts from UEA - it's not necessarily quite what you would expect!

Available careers to Law graduates from UEA...
Jounalist, Accountant, Investment Banker, Diplomat, Chief Executive, Lecturer, Police Officer, Politician, Consultant... and even some lawyers!!

Subjects available as part of Law degrees at UEA...
Media, Crime, Sport, Competition

Percentage of Law graduates in employment or further study...
90%

Average starting salary for Law graduates in the legal sector...
£36,500

Research by Law lecturers at UEA...
Discussed in courts, published in leading journals, quoted in the national media, advising the government, award winning

LAW - it's not always quite what you would expect

www.llblaw.co.uk

UCAS entry points for London Metropolitan University for September 2011

We are pleased, as part of our fair and open admissions policy, to let you have a summary of the UCAS entry points for London Metropolitan University for September 2011.

We are taking part in a wide range of UCAS fairs around the UK in the coming months and look forward to meeting year 12/13 students at these events.

London Met's UCAS code is L68

Here are our general entry requirements by subject area;

Languages including English, Journalism, and Literature 240 points from A2 Humanities 240 points from A2 Performing Arts 260 points from A2 Education Studies 260 points from A2 Art and Design including Film, Graphics and Media 280 points from A2 plus excellent portfolio Architecture 300 points from A2 plus excellent portfolio Psychology 300 points from A2 Biomedical Sciences 320 points from A2 Sports Therapy 280 points from A2 Other Science subjects 240 points from A2 Business, Economics and Finance 240 points from A2 Marketing, Fashion Marketing and Media Management 240 points from A2 Anthropology 300 points from A2 Social Work 280 points from A2 Criminology, Sociology and Health 280 points from A2 LLB 320 points from A2 International Relations 240 points from A2 Computing and Electronics 220 points from A2 including maths or computing or similar

We would also like to draw your attention to our October open events which are on Saturday 16th October at our City campus, and Saturday 23rd October at our North campus. Please visit www.londonmet.ac.uk/open-days to find out more.

Accountancy Opportunities at Earnst & Young

The head start pupils need
Whatever pupils are studying at school, Ernst & Young has a programme that will help them to make the right career decision and get them ahead faster. There are three programmes they can apply for now:

EY Degree
If they know that accountancy is for them, they should consider the EY Degree at Lancaster University. It is a four year course leading to a BSc (Hons) in Accounting, Auditing and Finance that includes 18 months of paid work experience and the opportunity to start a professional accountancy qualification faster.
EY Scholarship
If they are going to university and they want to get some real work experience they can start the ball rolling on an EY Scholarship. £1,000 for each of their university years, three work placements in their summer holidays - and for many, a graduate job offer will follow.
EY Insight Day
Spend a day with us and find out what life and work is really like at a global professional services firm.

Find out more and apply at www.ey.com/uk/eyfasttracks

Camp America - Information Evenings

Information Evenings

Camp America is hitting the road and coming to a town near you!

It’s a chance for students to get all the information they need about our programme, see our video diaries from summer 2010, speak to past participants and get questions answered!

Why not come along too? Camp America values the relationships we build. Come and find out how we can work together to provide students with this unique summer opportunity!

When and where:
• 11th Oct, NEWCASTLE
• 12th Oct, GLASGOW
• 14th Oct, BELFAST
• 18th Oct, LIVERPOOL
• 19th Oct, MANCHESTER
• 21st Oct, NOTTINGHAM
• 25th Oct, SHEFFIELD
• 26th Oct, LEEDS
• 28th Oct, BIRMINGHAM
• 1st Nov, ABERYSTWYTH
• 2nd Nov, CARDIFF
• 4th Nov, BATH
• 8th Nov, LOUGHBOROUGH
• 9th Nov, PLYMOUTH
• 11th Nov, LONDON
• 15th Nov, BRIGHTON
• 16th Nov, ORMSKIRK

For more information including venue details and directions click here!

Camp America
Ps. If you require more information or would like to request more materials please contact Nicky Byrne at nbyrne@campamerica.co.uk

Join Us!

City University London Undergraduate Open Days

Our next Undergraduate Open Days will be held on Saturday 9 October 2010 and Saturday 6 November 2010 from 10:00 - 15:00 at City University London, Northampton Square, London, EC1V 0HB.

Why attend?
• Meet staff and students from across the university
• Attend talks on the subjects you are interested in as well as workshops and tours of departmental facilities
• Hear from our Vice-Chancellor about the many exciting things going on at City
• Get expert advice on making a good application to City and managing your money whilst you are here
• Attend a campus tour led by one of our students

If you would like to book a place you should visit www.city.ac.uk/opendays