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Firms could save cash by training students says skills council

Employers could save as much as £12,000 on the cost of recruitment for a graduate civil engineer by sponsoring students according to ConstructionSkills, the construction industry's skills council.
The government backed body runs the Inspire Scholarship scheme which provides grants for undergraduates; in return they take ten week summer placements with an employer and if possible a sandwich year, with the employer able to offer them a job at the end.The scheme gives employers access to the brightest students at a time of shortages of new people for the industry says ConstructionSkills.Costs are saved both by savings on recruitment drives and training and by reducing the chance of taking on unsuitable people. They will also have hands on experience by the time they graduate making them ready start working immediately.An assessment by contractor Laing O'Rourke estimated that recruitment costs £16500 per new employee. Sponsoring the scheme costs an average £4500 per student.

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