Are the students JOB READY?
The Victorian Chamber of Commerce and Industry recently announced the establishment of an exciting internship program aimed at providing young students with job ready skills.
VECCI will invest 1million dollars over a 3 year period to support the placement of 300 students as studies and research shows that it is becoming increasingly difficult for young people graduating, without industry experience, to get a job.
Available to VECCI members only, the program will cover the employers expenses including; wages, payroll tax, superannuation and WorkCover costs ensuring that all placements meet the guidelines set out by Fair Work Australia.
“industry needs job ready graduates who have hands on experience in a professional workplace” said VECCI’s president Mark Birrell when he launched the program recently. University of Melbourne’s Vice Chancellor Glyn Davis AC also addressed the audience on the importance of students completing relevant industry experience during the course of their studies to shorten the transition into paid work upon graduation.
VECCI’s tertiary and business members strongly stand behind the new initiative which will focus on providing practical placements of 120 hours at some of Australia’s most respected small, medium and large businesses. VECCI has also agreed to take on 5 internships per year as part of the initiative.
VECCI hopes the program will not only provide valuable experience, but a chance for students to form strong networks and relationships that will improve their chances of employment. While the initiative does not guarantee employment for any of the participants, it is hoped that workplaces may provide ongoing employment to the students that stand out during the program.
While the program is a great step forward for Victoria, the initiative is doing little to address the long term unemployment facing young people aged 15-24 with a national average at 12.2% in February 2016 according to the Australian Bureau of Statistics. The problem lies with the increasing number of tertiary and vocational providers and courses offered that have little to no career or job placements support. To address this issue at it’s core, the government & industry groups need to work with vocational and tertiary providers to help them form strong working relationships and partnerships with Industry.
VECCI is leading the way for industry, tertiary education and government with this initiative which is a great value add to its loyal members said Chief Executive Officer Mark Stone. The Victorian Chamber of Commerce has a strong history of training and apprenticeship success and continue to be an advocate of the value of practical work experience.
Australian employers are looking for a increased level of job readiness from graduates as the economy and workforce struggle to keep up with the rapid changes in technology and how business is carried out. They are not only looking for the best talent, but to employ graduates that can steer the business in a new direction ensuring they remain up to date and relevant in a changing marketplace.
For further details on the program, be sure to visit Victorian Chamber of Commerce & Industry’s Internship Page.
Learn more about the work Industry Placements Australia is doing with Marketing Internships in Melbourne.