How to become a banker: Barclays launches apprentice scheme just for people over 50

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldLivestlyThe Best Redhead Actresses, RankedLivestlyNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableySenior Living | Search AdsSenior Apartments Coming to Scottsdale (Take A Look At The Prices)Senior Living | Search AdsDefinitionThe Most Famous Movie Filmed In Every U.S. StateDefinition Sarah Spickernell A couple of generations ago, many people would have been planning retirement by the time they reached their 50s. But now that we are living longer, we also have to work longer to support ourselves. In some cases, that means starting on a new career path late in life.  Barclays is about to launch its first banking apprenticeship scheme exclusively for people over 50, to help those who have been forced out of their previous jobs or just want to try something different.  Around one million people in the UK aged between 50 and 64 have lost jobs through redundancy, ill health or early retirement, according to research for Prime, a charity for business creation among the over-50s.  Barclays told The Sunday Times that those accepted on the scheme will be expected to work their way up from the bottom, just like graduates. Whether or not they will receive the same level as younger employees is still to be decided by the bank. Pay for apprentices aged between 16 and 24 is around £9.15 an hour in London. Mike Thompson, head of apprenticeships at Barclays, believes the older generation will bring new skills to the table. “Older people have more life experience, and can show more empathy. They will have had a mortgage, they will know how to budget and how to support customers,” he said.  The programme will begin in the autumn, and will involve teaching skills such as the calculation of credit risks and the criteria for approving a loan. If they progress, the older recruits could soon be advising business clients on their plans for growth and investment decisions.  Sunday 8 February 2015 4:44 pm whatsapp Share Show Comments ▼center_img More From Our Partners Puffer fish snaps a selfie with lucky divernypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years How to become a banker: Barclays launches apprentice scheme just for people over 50 whatsapp Tags: Barclays Companylast_img

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