We are a social mobility charity, funded and administered by The Early Careers Company, working to reduce the impacts of socioeconomic inequality amongst young people in the UK, and creating a more level playing field in the Early Careers job market.
Launching September 2021
Why do we exist?
The disparities between the success of those who are born into fortunate surroundings and those who are born into less fortunate ones are staggering, and they start early.
In the UK, family wealth at birth – not IQ, not race, not gender, is the most accurate indicator of future financial success.
- By age 25 – someone who went to a fee-paying school is, on average, earning 35% more than their state-educated peers.
- Children on Free School Meals are 23% less likely to be in sustained employment, and 3x more likely to be on out-of-work benefits, at 27 years old, than their peers.
- Location is also a huge dividing factor – with the average salary in Southend being only just over half of that in London, only 40 miles away.
What do we do?
There are many reasons for these gulfs – differences in educational standards, exposure to different industries, aspirations, challenging home or family situations, lack of job opportunities in different areas of the UK and more – and only some of them are possible for a foundation like ours to seek to improve.
Our view is that one way to level the playing field significantly is to support less advantaged young people in society to gain the tools and exposure they need to secure themselves a fantastic first job. Given our close connection to the early careers industry, The Early Careers Foundation focuses on running initiatives for disadvantaged 14-18 year olds in the UK, helping to equip them for the world of work, and improve their chances of eventually securing that first job, in an industry they love.
31A Central Street
London EC1V 8AB
020 7459 4991