Year in Industry project student saves firm £30k

A
gap year student has won a national award for saving his employer £30,000
during his Year in Industry project.

Nick
Terry a 19-year-old had taken part in the scheme, which is the largest provider
of gap year placements.

Nick
spent his year working for PGM Ballscrews in Coventry. He was participating in
the scheme during his year out between A levels and going to Cardiff University
to study Integrated Engineering.

The
Engineering Employers Federation supports the scheme which has proved to be a
highly successful for both students and the companies involved.

Ann
Bailey, EEF Head of Education and Skills said : "The future success of
engineering and manufacturing is in the hands of these students and we have,
once again, seen the outstanding contribution that they can make to companies
who are willing to invest time in them".

Students
have benefited from a substantial boost to their university achievements and
career prospects. A recent survey demonstrates the success of the scheme with
70 per cent of Year in Industry students gaining a first class or second class
higher degree, compared to the national average of 37 per cent. Additionally,
72 per cent were in permanent employment within six months of graduating
against a national figure of just 41 per cent. Many students also receive
sponsorship through university and an offer of work once they have graduate.

By Ben Willmott

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