No. The role of education is to educate (surprisingly enough). It is the employers job to provide job specific training.
I don't think any business expects school-leavers to come to a job with job-specific knowledge/experience. On the job training is, and always has been, a given when it comes to school leavers.
BUT
Employers do require a bare minimum standard of the basics of numeracy and literacy and basic life skills.
When I've taken on school leavers (usually minimum A level standard), I've expected some basics, such as:-
If the job adverts asks for a hand written covering letter, that's exactly what I want - not a Word printed one.
Knowing how to spell February and how many days each month has. I really don't want to see a job application dated 31 Febuary - yet this is something I have seen from someone with a good grade at A Level English!
How to set out a business letter - I thought this was part of the English GCSE curriculum, but I've seen A grade students get virtually every aspect wrong.
How to spell basic frequently used words, such as licence, stationery, accommodation, etc.
How to work out how much VAT was paid if you spend £1.20 and VAT was included at 20%.
That when works starts at 9am, they are expected to be in the workplace and ready to work by 9am.
These aren't the kind of things I'd expect to have to re-teach to school-leavers after 11-13 years of state education, yet, time and time again, A level school-leavers that I've worked with havn't achieved even these simple basic standards so the employer has to waste time teaching non-job-specific workplace/life skills, when they should be providing proper on the job training.
The last time I took on a school-leaver, I made applicants sit a short basic literacy/numeracy test, taking questions from the 11+ papers which are pretty basic questions aimed at 10 year olds, and the results were quite frankly shocking, even from those with good A levels.
From clients who have likewise tried to take on school-leavers, the story is the same time and time again. Not turning up on time, or at all, not having basic common sense to do basic life skills yet alone workplace skills, entitlement culture, refusing to do the drudgery work, expecting to do the exciting work immediately, etc.
I know literally dozens of one man band businesses who could, and would, take on school-leavers as trainees/apprentices, but who've had their fingers burned in the past or heard horror stories from others, that instead of growing and passing on valuable skills to the next generation, they're just plodding on as one man bands. Very sad indeed.
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