5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Investing

Unpaid internships lock out working-class graduates from top careers, warns Sutton Trust

by
January 23, 2025
in Investing
0
Unpaid internships lock out working-class graduates from top careers, warns Sutton Trust

Employers offering unpaid or low-paid internships are blocking working-class and disadvantaged young people from the best career paths, according to new research by the Sutton Trust.

The social mobility charity found that internships, often essential for securing jobs in industries such as finance and IT, are taken up mainly by middle-class graduates with parental or personal financial support.

Nick Harrison, the Sutton Trust’s chief executive, described it as “shocking” that “many employers still pay interns below the minimum wage, or worse, nothing at all”. He applauded a government pledge to ban unpaid internships, arguing that “not all young people can get support from the ‘bank of Mum and Dad’, so banning this outdated practice will help to level the playing field”.

A survey of 1,200 recent graduates revealed that 55 per cent of middle-class respondents had undertaken internships, compared with only 36 per cent from working-class families. This gap — 19 percentage points — has widened significantly from the 12-point difference recorded in 2018. The trust noted that unpaid or underpaid roles still make up 61 per cent of internships, forcing many interns to rely on family, friends or personal savings to get by.

Across sectors, real-estate firms were most likely to offer little or no pay, followed by construction, IT, finance and legal. Retail was the most consistent at meeting minimum wage requirements, ahead of media, marketing and advertising. The Sutton Trust is urging a ban on unpaid internships of four weeks or more and stricter enforcement of minimum wage laws. It also wants companies to advertise all intern roles publicly to widen access beyond well-connected graduates.

A separate YouGov survey commissioned by the charity found that 38 per cent of employers favour an outright ban on unpaid internships, with an additional 30 per cent calling for better enforcement of wage legislation. Graduates who already had professional contacts were almost twice as likely to have completed an internship, while 71 per cent of privately educated graduates had taken on such roles, compared with only 40 per cent of their state-educated counterparts.

Previous Post

Dragons’ Den star Sara Davies’ crafting firm rescued in pre-pack deal

Next Post

ONS to spend millions on temp workers to fix ‘unusable’ UK employment data

Next Post
ONS to spend millions on temp workers to fix ‘unusable’ UK employment data

ONS to spend millions on temp workers to fix ‘unusable’ UK employment data

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    One in six UK workers struggling to pay bills as second jobs hit record high

    One in six UK workers struggling to pay bills as second jobs hit record high

    July 12, 2025
    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    JuanHand earns Green Flag recognition from Filipino Fair Loans Advocacy Group (FILFLAG)

    July 11, 2025
    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    United under one roof: How Puregold brought generations of OPM together in the Philippine Arena

    July 11, 2025
    UK government considers rescue deal for Speciality Steel amid fears of collapse

    UK government considers rescue deal for Speciality Steel amid fears of collapse

    July 11, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.