Impact Report_2016_web version
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
IMPACT REPORT <strong>2016</strong><br />
RAISING ASPIRATIONS<br />
CREATING ACCESS<br />
ACHIEVING DIVERSITY
CONTENTS<br />
Our vision p 3<br />
Setting the scene p 4<br />
Raising aspirations p 6<br />
Creating access p 12<br />
Achieving diversity p 16<br />
Our Alumni and Ambassador Network p 19<br />
Our work with businesses p 20<br />
20 year highlights p 22<br />
Key achievements of <strong>2016</strong> p 26<br />
Funders and donors p 27<br />
Message from our<br />
Executive Director<br />
<strong>2016</strong> was an action-packed year for The Brokerage,<br />
as we celebrated our 20th anniversary as a charity.<br />
Alongside the celebrations and reflections, we also took a<br />
long, hard look at what we want to achieve in the future.<br />
Our new vision is:<br />
A world where a young person’s ability and aspiration alone determine their<br />
career path.<br />
It would be good to think that in 2036 The Brokerage no longer needs to work to<br />
achieve this vision.<br />
Meanwhile, I am pleased to report that we have made significant progress with our<br />
<strong>2016</strong>-19 strategic aims. We continue to strengthen our programmes and are<br />
focusing on measuring the difference we make to the lives of young Londoners on<br />
the one hand and to the diversity and inclusiveness of the corporate workplace on<br />
the other.<br />
I hope you enjoy reading about our achievements over the past 12 months. A key<br />
highlight of <strong>2016</strong> for me was this comment from a Year 6 student attending St.<br />
Agnes Primary School in Tower Hamlets at a City Careers Open House workshop at<br />
CFC Underwriting:<br />
“It was the best day ever!”<br />
Bridget Gardiner<br />
Executive Director<br />
This young girl’s eyes were opened to a world she did not know existed. We’ve seen<br />
so many of these lightbulb moments in our young people this year and it’s a<br />
privilege to help them build their aspirations, skills and knowledge.<br />
Thank you to all our partners - corporates, schools, volunteers and not-for-profit<br />
organisations - for your support. We look forward to working with you all in 2017!<br />
02 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 03<br />
Our vision: A world where a young<br />
person’s ability and aspiration alone determine<br />
their career path.<br />
MISSON RAISING ASPIRATIONS CREATING ACCESS ACHIEVING DIVERSITY<br />
PURPOSE<br />
Experience of work Employability skills Jobs<br />
PROGRAMMES<br />
Corporate visit<br />
Workshops<br />
Employee engagement<br />
Mentoring<br />
Networking<br />
Careers advice<br />
Interview &<br />
presentation skills<br />
Assessment centres<br />
Placements<br />
Internships<br />
School-leaver jobs<br />
Apprenticeships<br />
Graduate entry jobs<br />
BENEFICIARIES<br />
Years 6-13 (age 10-18)<br />
from London<br />
state schools<br />
Years 12-13 and<br />
undergraduates<br />
(age 17-21)<br />
School-leavers<br />
Undergraduates
Setting the scene<br />
Why we exist<br />
• Despite being one of the world’s largest financial<br />
centres, London’s financial districts are surrounded<br />
by areas of severe deprivation, disadvantage and<br />
income inequality.<br />
• The world of work is changing rapidly and young<br />
people need all the help they can get to ensure they<br />
reach their full potential.<br />
• Though London is currently leading the way in<br />
terms of education standards, it is also ranked<br />
highest in terms of youth unemployment.<br />
• Young people from London have some of the<br />
best and most exciting careers available on their<br />
doorstep, but relatively few of them have the<br />
information, guidance and support to help them<br />
access these roles.<br />
We are helping to bridge the gap, working towards<br />
a world where a young person’s ability and<br />
aspiration alone determine their career path.<br />
37%<br />
of employees in<br />
the financial<br />
services sector are<br />
educated at<br />
private schools<br />
65%<br />
of students starting<br />
primary school now<br />
will be in roles in<br />
the future that do<br />
not currently exist<br />
(2015, Social Mobility and<br />
Child Poverty Commission)<br />
(<strong>2016</strong>, World<br />
Economic Forum)<br />
69%<br />
of business<br />
leaders believe that<br />
secondary schools<br />
are not effective at<br />
preparing young<br />
people for work<br />
(2015, British Chamber<br />
of Commerce survey)<br />
04 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 05<br />
Our work<br />
The Brokerage is a charity based in the City of London working in partnership with<br />
businesses and institutions in London’s financial districts.<br />
Our mission is to work with young people to raise aspirations, create access and<br />
provide opportunities within financial and professional services to achieve diversity<br />
in the workplace.<br />
We’re committed to working with those students who are least likely to find roles in<br />
these sectors. All the young people who take part in our programmes are or were<br />
educated at state schools or colleges in Greater London.<br />
We help them to compete on a level playing field with their more affluent peers by<br />
providing experiences of work, opportunities to develop key employability skills<br />
and, ultimately, paid jobs.<br />
Help young people<br />
from disadvantaged<br />
backgrounds<br />
Work in<br />
partnership with<br />
other organisations<br />
Our<br />
3 year<br />
strategic<br />
aims<br />
Meet the recruitment,<br />
diversity and inclusion<br />
needs of employers<br />
Focus on<br />
businesses related<br />
to professional &<br />
financial services<br />
Extend our reach<br />
geographically
RAISING ASPIRATIONS<br />
Our Education Team run a wide range of workshops for students from Year 6<br />
through to Year 13 to raise the aspirations of students, equip them with an<br />
understanding of the careers available to them and develop the skills and qualities<br />
they will need to achieve their goals.<br />
Through our education programmes, students are able to:<br />
• Experience the world of work through visiting companies in London’s financial<br />
districts<br />
• Develop their confidence in key work-related skills through engaging with<br />
business volunteers<br />
• Develop their knowledge of the jobs that can be found across professional and<br />
financial services<br />
Many of the students from<br />
Heathcote School and Science<br />
College, in Waltham Forest, grow<br />
up in families where university<br />
and high-end jobs in the City of<br />
London are out of reach. Through<br />
Brokerage opportunities,<br />
Heathcote students have started<br />
to believe that they, too, are just<br />
as capable and able to work in the<br />
professional sectors of London.<br />
The extraordinary work that<br />
The Brokerage Citylink does is so<br />
vital for the futures of our<br />
students as they tirelessly seek to<br />
give our students opportunities to<br />
work within the City of London.”<br />
Stephen McClurg, Lead<br />
Practitioner for Enterprise,<br />
Heathcote School and Science<br />
College<br />
06 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 07<br />
Primary programmes<br />
City Careers Open House Primary<br />
Funded by the City of London Corporation,<br />
City Careers Open House (CCOH) Primary is<br />
designed to give students in Year 6 their<br />
first insight to the working world, preparing<br />
them for their transition to secondary<br />
school.<br />
Pupils from schools in the City fringe<br />
boroughs (Camden, Hackney, Islington,<br />
Lambeth, Southwark, Tower Hamlets and<br />
Westminster) have the opportunity to<br />
spend an afternoon at a City firm, gaining<br />
insight into working life and the huge<br />
variety of opportunities the City offers.<br />
Do you understand what happens<br />
in a business like this one?<br />
100%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0<br />
37%<br />
Yes<br />
before<br />
I feel confident presenting<br />
in a business setting...<br />
100%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0<br />
55%<br />
Confident<br />
before<br />
87%<br />
Yes<br />
after<br />
79%<br />
Confident<br />
after<br />
1,015<br />
students<br />
attended 38<br />
CCOH Primary<br />
workshops<br />
100%<br />
of teachers say<br />
their students<br />
found the<br />
workshops<br />
“enjoyable or<br />
very enjoyable”<br />
100%<br />
of teachers say<br />
their students<br />
found the<br />
workshops<br />
“useful or very<br />
useful”<br />
100%<br />
of teachers say<br />
they would<br />
recommend The<br />
Brokerage to<br />
another school<br />
Student and teacher comments<br />
“The best part of today was when we went to the 21st floor at<br />
the stunning Shard. We even saw our school”. Student<br />
“Today I learnt about being brave to talk to people I don’t know”. Student<br />
“Today really allowed them to practise their presentation skills and opened their<br />
eyes to the opportunities available to them in the workforce”. Teacher<br />
“Speaking to people in jobs outside of those we have at<br />
school was so inspiring for our young people”. Teacher
Secondary programmes<br />
City Careers Open House Secondary<br />
With similar characteristics to CCOH Primary, City Careers Open House (CCOH)<br />
Secondary is also funded by the City of London Corporation and designed to give<br />
students in Years 7 to 10 an insight into the various roles available in a City firm.<br />
Students experience first-hand a modern working environment and explore how<br />
the skills they are developing at school are used by City workers on a day to day<br />
basis and can help them secure their first work experience positions.<br />
Do you understand what happens<br />
in a business like this one?<br />
I feel confident presenting<br />
in a business setting...<br />
100%<br />
80%<br />
84%<br />
100%<br />
80%<br />
73%<br />
60%<br />
40%<br />
41%<br />
60%<br />
40%<br />
45%<br />
20%<br />
20%<br />
0<br />
Yes<br />
before<br />
Yes<br />
after<br />
0<br />
Confident<br />
before<br />
Confident<br />
after<br />
2,040<br />
students attended<br />
56 City Careers Open<br />
House Secondary<br />
workshops in <strong>2016</strong><br />
100%<br />
of teachers say<br />
their students<br />
found the<br />
workshops<br />
“enjoyable or<br />
very enjoyable”<br />
96%<br />
of teachers say<br />
their students<br />
found the<br />
workshops<br />
“useful or very<br />
useful”<br />
100%<br />
of teachers say<br />
they would<br />
recommend The<br />
Brokerage to<br />
another school<br />
Student and teacher comments<br />
“Today I learnt confidence and personality is key”. Student<br />
“The best part of my day was having a tour and presenting,<br />
mostly because people are kind here”. Student<br />
“Prior to coming, the students had little knowledge about<br />
the City, but they have much more now”. Teacher<br />
08 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 09<br />
Working in the City<br />
Funded by The Worshipful Company of International Bankers (WCIB), Working in<br />
the City is The Brokerage’s flagship programme and has been engaging students in<br />
Year 10 to 13 for over 16 years.<br />
Hosted by companies in London’s financial districts, students focus on developing<br />
their self-awareness, strengthening their employability skills and preparing for<br />
future recruitment processes.<br />
How confident are you explaining<br />
the jobs in this part of London?<br />
How confident are you explaining<br />
the sectors of business in London?<br />
How confident are you<br />
being interviewed?<br />
100%<br />
80%<br />
74%<br />
100%<br />
80%<br />
88%<br />
100%<br />
80%<br />
74%<br />
60%<br />
40%<br />
20%<br />
42%<br />
60%<br />
40%<br />
20%<br />
17%<br />
60%<br />
40%<br />
20%<br />
38%<br />
0<br />
Yes<br />
before<br />
Yes<br />
after<br />
0<br />
Confident<br />
before<br />
Confident<br />
after<br />
0<br />
Yes<br />
before<br />
Yes<br />
after<br />
95%<br />
of teachers say<br />
their students<br />
found the<br />
workshops<br />
“enjoyable or<br />
very enjoyable”<br />
97%<br />
of teachers say<br />
their students<br />
found the<br />
workshops<br />
“useful or very<br />
useful”<br />
100%<br />
of teachers say<br />
they would<br />
recommend The<br />
Brokerage to<br />
another school<br />
Student and teacher comments<br />
“I learned the skills required to ace an<br />
interview”. Student<br />
“Please provide more workshops, as it helped me<br />
with my future”. Student<br />
“By the end of the session they’ve<br />
already shown a different confidence<br />
in relating to new people”. Teacher<br />
1,513<br />
students attended<br />
72 Working in the<br />
City workshops in<br />
<strong>2016</strong>
Sixth form opportunities<br />
We are increasingly finding that schools and students are calling out for<br />
opportunities which allow teachers to put classroom learnings into the context of<br />
the wider business world. Our sixth form opportunities really focus on how skills<br />
and knowledge can translate from the classroom to the boardroom.<br />
Specialised City-based workshops<br />
In <strong>2016</strong>, with support from Rabobank, we delivered 13 specialised workshops<br />
taking an in-depth look at communications, IT, law and engineering.<br />
The strength of these sessions lies in the fact that we design each workshop in<br />
collaboration with businesses, using volunteers who are experts in their field to<br />
create case studies that truly showcase the individual sectors.<br />
Everyone was so<br />
friendly, the sessions<br />
enabled me to improve my<br />
decision making skills and<br />
get a take on real life work”<br />
Student<br />
Talking to the<br />
internal workers/ finding<br />
out about the many<br />
opportunities was very<br />
useful and has given me a<br />
lot to think about”<br />
Student<br />
Communications is<br />
the fastest growing area<br />
for our firm and<br />
something that students<br />
need to be aware of if they<br />
are to succeed in the City”<br />
Volunteer, Allen & Overy<br />
10 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 11<br />
WCIB Essay Competition<br />
137 students took part in the annual essay<br />
competition, which we run in partnership<br />
with the Worshipful Company of<br />
International Bankers (WCIB). 16 schools<br />
submitted essays on an economic subject,<br />
with winning essays chosen by members of<br />
the WCIB and prizes given at a prestigious<br />
event hosted by ING.<br />
I’d like to thank you for giving<br />
students the opportunity to take<br />
part in the inter-schools essay<br />
competition. It was an enriching<br />
experience for all participants.”<br />
James Warner, teacher,<br />
Woolwich Polytechnic School<br />
Mock assessment centres<br />
Recruitment processes have changed a lot in recent years and more students than<br />
ever are struggling with the challenges that new interview structures can present.<br />
The Barnett Waddingham-funded mock assessment centre programme began in<br />
late <strong>2016</strong>.<br />
Through the programme, sixth form students learn about recruitment and<br />
assessment practices, such as psychometric testing, group assessment tasks and<br />
job interviews and have the opportunity to practise each area, receiving feedback<br />
on their performance from company volunteers.<br />
Confidence taking part<br />
in a psychometric test<br />
100%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0<br />
0%<br />
Confident<br />
before<br />
72%<br />
Confident<br />
after<br />
Confidence preparing<br />
for an interview<br />
100%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0<br />
66%<br />
Confident<br />
before<br />
88%<br />
Confident<br />
after<br />
Confidence taking part in an<br />
assessment centre<br />
100%<br />
93%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0<br />
48%<br />
Confident<br />
before<br />
Confident<br />
after
CREATING ACCESS<br />
Through mentoring programmes, networking events and employability guidance,<br />
we create unprecedented access to financial and professional services<br />
opportunities for young non-advantaged Londoners.<br />
Our mentoring programmes connect young people with employees at leading<br />
London companies, providing an invaluable opportunity for mutual learning.<br />
We offer mentoring programmes for students in Year 12 right through to<br />
undergraduate level. Mentoring offers the opportunity for personal development,<br />
helping ambitious and motivated young people to achieve their professional goals<br />
through a series of structured meetings.<br />
I really benefited from<br />
communicating with my mentor<br />
during the programme. She was<br />
there to support me at any point<br />
if I needed advice and<br />
encouraged me to develop my<br />
ideas for my future goals.”<br />
<strong>2016</strong> mentee, Rabobank<br />
Thank you so much for the<br />
opportunity to take part in the Reed<br />
Smith Mentoring Programme. I have<br />
learnt so much; it gave me information<br />
about being out in the real world, how<br />
tough it can be, and how to overcome<br />
the struggles.”<br />
<strong>2016</strong> mentee, Reed Smith<br />
12 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 13<br />
Year 12 mentoring programmes<br />
Our Year 12 mentoring programmes have been created to allow students to<br />
develop their skills, knowledge, and career aspirations as they begin to make key<br />
decisions such as whether they will go to university or pursue a different route to<br />
their future careers.<br />
In <strong>2016</strong>, we launched three Year 12 mentoring programmes with Rabobank, Reed<br />
Smith and MS Amlin. Each programme was tailored to the business, highlighting<br />
key areas of the sector they operate in, and core values of the organisation, tying it<br />
to the students’ development.<br />
Over 95%<br />
of students found the<br />
relationship with their<br />
mentor to be beneficial to<br />
their professional<br />
development<br />
Over 90%<br />
of students found their<br />
mentor offered relevant<br />
careers guidance and<br />
knowledge
Undergraduate mentoring opportunities<br />
76%<br />
of participants’ parents on<br />
our undergraduate<br />
programmes had not<br />
attended university<br />
98<br />
young people participated<br />
in our Year 12 and<br />
undergraduate mentoring<br />
programmes<br />
We have been delighted to continue delivery of our three undergraduate<br />
mentoring programmes in <strong>2016</strong>, in partnership with Citi, State Street and Lloyd’s.<br />
Continuum<br />
Continuum, developed in conjunction with<br />
State Street, provides invaluable employability<br />
skills, confidence and advice to ambitious and<br />
motivated university students from London<br />
state schools, whilst their mentors (senior<br />
employees from State Street) develop their<br />
communication, management and coaching<br />
skills and experience.<br />
I have learned to adapt my approach with<br />
differing individuals based on their learning style<br />
or how they prefer to grasp understanding of<br />
something new.”<br />
<strong>2016</strong> mentor, Continuum<br />
14 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 15<br />
Momentum<br />
Momentum, run in partnership with State Street and Citi, promotes sharing expertise,<br />
female empowerment and leadership within business. The two-tier programme sees<br />
female undergraduates mentored by mid-level executives at one of the two firms<br />
who, in turn, receive mentoring from senior executives from the other organisation.<br />
I saw a clear improvement in myself from the<br />
introduction to graduation of the programme as I was<br />
able to relax more and begin to enjoy networking.”<br />
<strong>2016</strong> mentee, Momentum<br />
120<br />
volunteers took part<br />
in our mentoring<br />
programmes as<br />
mentors, trainers<br />
and judges<br />
OVER<br />
Lloyd’s IntoWork Mentoring Programme<br />
The Lloyd's IntoWork Mentoring Programme matches university students, who<br />
attended London state schools, with young professionals from the Lloyd’s market<br />
who mentor them in communication, presentation and interview skills, goal setting<br />
and networking.<br />
The Lloyd’s mentoring programme could not have picked a<br />
more suited pair to work together. We learnt a lot from each other<br />
over the months of the programme and have since established a<br />
firm friendship that has and will continue to extend into the future."<br />
Ed Ventham, mentor, Lloyd’s IntoWork Mentoring Programme
ACHIEVING DIVERSITY<br />
Our Talent Development team matches high calibre candidates with<br />
apprenticeship, internship and job opportunities in a variety of sectors. We provide<br />
support and guidance to students throughout the recruitment process and their<br />
work placements.<br />
City of London Business Traineeship<br />
(CBT) Programme<br />
The Brokerage has managed the City of London Business Traineeship (CBT)<br />
Programme on behalf of the City of London Corporation for 16 years. The<br />
award-winning programme gives state educated, ambitious and talented young<br />
residents from City-fringe boroughs the chance to undertake paid internships with<br />
City employers.<br />
Internships last between 6 and 13 weeks and are paid at a minimum of London<br />
Living Wage to ensure that all students, regardless of background, have enough<br />
financial stability to support themselves while working.<br />
The programme opens many doors for talented young people who may not<br />
otherwise have the means or opportunities to access a career in the City.<br />
16 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 17<br />
25% of students who<br />
undertook CBT internships<br />
returned to their host<br />
companies for summer<br />
placements after<br />
completing their first<br />
year at university<br />
Sector Split:<br />
29.5% Banking &<br />
financial services<br />
51% Insurance<br />
5% Legal<br />
8.5% Public sector<br />
6% Other<br />
In <strong>2016</strong>, 95 candidates<br />
were placed in paid<br />
internships with City firms<br />
Participating firms in <strong>2016</strong><br />
included, Société Générale,<br />
Bank of England, Marsh,<br />
CNA Hardy and William Blair<br />
Female: 53%, Male 47%<br />
BAME Backgrounds: 83%,<br />
Case study:<br />
AWARD-WINNING!<br />
The City Business Traineeship<br />
Programme was awarded<br />
Bronze Best Not-for-Profit<br />
Programme at the <strong>2016</strong><br />
Training Journal (TJ) Awards.<br />
Fred was placed at William Blair where he rotated<br />
between departments to work on small projects and<br />
gained greater insight into investment through extra<br />
activities. Now at university, Fred is considering a career<br />
in analysis or trading.<br />
One of the<br />
common<br />
misconceptions of<br />
banks was that all<br />
employees there<br />
were accountants<br />
or bankers. This<br />
placement has<br />
exposed me to<br />
numerous fields<br />
in finance.<br />
Afsana Yasmi,<br />
<strong>2016</strong> CBT intern,<br />
UBS<br />
This internship has helped me in so many ways!<br />
It has given me more clarity and I feel better<br />
prepared to choose what career path I’d like to<br />
pursue.”<br />
Fred Erwin, <strong>2016</strong> CBT intern, William Blair
Apprenticeships, school leaver<br />
and internship opportunities<br />
In addition to the City Business Traineeship Programme, we help leading<br />
companies to meet their diversity and recruitment needs by introducing them to a<br />
diverse pool of local talent.<br />
We prepare our candidates for the world of work so they are able to compete with<br />
their affluent peers in a crowded recruitment sphere.<br />
Some of the companies we’ve worked with in <strong>2016</strong> include Axis, Aspen and TMF<br />
Group.<br />
Commerzbank has worked with The Brokerage since 2003 to help<br />
source candidates. We use The Brokerage for our vocational training<br />
recruitment to ensure we have a diverse range of educational backgrounds<br />
within the Bank. Opportunities are available to join as a school leaver and<br />
study towards a degree whilst working at the Bank. Since 2003, 70 trainees<br />
have been hired and 34 (49%) of them are still at Commerzbank.”<br />
Kate Raggett, Talent Management Specialist, Commerzbank<br />
Overall, we’ve<br />
worked with over<br />
125 companies to help<br />
fill their school leaver,<br />
apprenticeship and<br />
graduate roles.<br />
18 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 19<br />
Our Alumni and Ambassador Network<br />
The connection with our beneficiaries doesn’t just end once that first placement has<br />
been secured; further support and guidance is provided to our young people by<br />
way of our Alumni and Ambassador Network.<br />
Brokerage Alumni members are those who have been through our programmes<br />
and are now working in their career of choice.<br />
Brokerage Ambassadors are candidates currently on Brokerage programmes and<br />
progressing towards their chosen careers.<br />
Our alumni and ambassador members act as champions for The Brokerage,<br />
helping to inspire the next generation of young talent. We continue to enhance<br />
their personal and professional development through a wide range of volunteering,<br />
fundraising, events and career opportunities.<br />
In <strong>2016</strong> we have been delighted to have our<br />
alumni and ambassador members support us by<br />
speaking at school assemblies, delivering inspiring<br />
masterclasses and providing valuable insights at<br />
conferences and events. They have also been<br />
fantastic fundraisers for us by jumping out of<br />
planes and running for miles to raise money for<br />
the organisation that helped them.<br />
Going full circle<br />
Our Alumni Board act as a steering group for the organisation, to ensure that we<br />
stay in touch with the needs and interests of our alumni and ambassador members<br />
as well as to inform our programmes.<br />
I was invited to join The Brokerage’s alumni board just in time for<br />
their 20th anniversary! It’s fantastic to grow in my career with the charity that<br />
enabled my first opportunity. It’s a great feeling to go from being a CBT<br />
intern, to an employer of CBT interns to joining the alumni board over the<br />
space of several years.”<br />
Alexandra Galviz, Head of Training and Development, Currencies Direct
Our work with businesses<br />
Our work with employers underpins everything we do.<br />
Our programmes wouldn’t have as much of a profound impact<br />
on our young people without volunteers providing that direct<br />
access to the world of work. Volunteers work with the young<br />
people through our workshops, masterclasses, mentoring<br />
programmes and networking events to help them develop their<br />
communication, self-awareness and teamwork skills.<br />
Through sharing their own knowledge and experiences, our<br />
young people are able to break down their perceptions of ‘City<br />
workers’ and understand that the people who work within the<br />
glass towers of London are just like them.<br />
100%<br />
of volunteers<br />
said they would<br />
recommend<br />
volunteering<br />
with The<br />
Brokerage to a<br />
colleague<br />
3,585<br />
3,585 hours of<br />
volunteering were<br />
provided by our<br />
corporate partners<br />
in <strong>2016</strong><br />
99%<br />
said<br />
volunteering<br />
was enjoyable<br />
or very<br />
enjoyable<br />
The children were very well<br />
prepared and there was a good<br />
balance of interaction. It’s been<br />
great fun!”<br />
Volunteer, Sapphire Systems<br />
The experience was great<br />
practice at thinking on my feet! It<br />
was beneficial to meet younger<br />
people who challenge your ideas.”<br />
Volunteer, Berwin Leighton<br />
Paisner<br />
Made me realise how<br />
creative and hilarious 11 year olds<br />
are.”<br />
Volunteer, UBS<br />
It allowed me to advise and<br />
guide young students and it allowed<br />
them to understand the business<br />
world and how offices operate.”<br />
Volunteer, Markel<br />
20 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 21<br />
The impact on the business<br />
As well as making a difference to the lives of the young people we serve, our work<br />
also has a positive impact on the businesses and institutions with which we partner.<br />
From rewarding, one-off volunteering opportunities to bespoke talent pipeline<br />
initiatives, all of The Brokerage’s programmes enable companies to support and<br />
develop their teams.<br />
Having to<br />
explain what I do,<br />
why, and what<br />
motivates me is a<br />
really good way<br />
to remind myself<br />
what motivates<br />
me.”<br />
Volunteer,<br />
Berwin Leighton<br />
Paisner<br />
I was able<br />
to pass on<br />
skills and<br />
consolidate my<br />
learning.”<br />
Volunteer,<br />
Salesforce<br />
Our wide range of programmes<br />
can be tailored to meet<br />
companies’ wider corporate social<br />
responsibility, equality and<br />
diversity objectives.<br />
By supporting The Brokerage’s<br />
activities, businesses not only<br />
develop their staff but also gain<br />
access to some of the brightest<br />
minds in London’s state schools at<br />
the earliest opportunity.<br />
Corporate case study:<br />
International law firm, Reed Smith have partnered with The Brokerage for the last<br />
four years, providing workshop volunteers for all age groups and mentors for their<br />
bespoke Year 12 mentoring programme. Working with The Brokerage helps them<br />
to achieve their responsible business aims.<br />
Reed Smith are delighted to continue their partnership with The Brokerage<br />
Citylink, assisting primary and secondary school students in their discovery<br />
of all the different career roles within a law firm.<br />
Our volunteers have thoroughly enjoyed the shared experience this year,<br />
which has led to us having to increase the number of workshops across the<br />
year and mentors involved in the mentoring programme as these are such<br />
rewarding programmes.”<br />
Carole Mehigan, Responsible Business Coordinator, Reed Smith
20 year highlights<br />
In <strong>2016</strong>, we celebrated The Brokerage’s 20th birthday! Here we’ve highlighted a<br />
few of our key milestones from the past two decades that have shaped our path<br />
to helping young Londoners achieve their career potential.<br />
Key highlights<br />
1996: The Brokerage Citylink was established<br />
as a registered charity.<br />
1999: Our vision refocused to concentrate on young people.<br />
The Working in the City programme was piloted at eight schools<br />
with ten businesses.<br />
2000: First awarded the tender to manage the City of London<br />
Business Traineeship (CBT) programme (which we continue to<br />
manage).<br />
2003: Won Lord Mayor’s Dragon Award for promoting diversity<br />
in recruitment in the City of London.<br />
2006: Celebrated our 10th anniversary, with over 2,500 young<br />
people participating in programmes that year.<br />
2008: Over 8,500 students from 117 schools had participated in<br />
our main programmes, and over 500 students had secured paid<br />
internships through us.<br />
2011: Developed and delivered the Continuum mentoring<br />
programme.<br />
2013: Extended reach to include a total of 23 boroughs.<br />
<strong>2016</strong>: The Brokerage celebrated its 20th anniversary!<br />
22 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 23<br />
Looking forward<br />
Set against an ever-changing technological, political and economic landscape, the<br />
world of work is changing rapidly and we are making sure The Brokerage changes<br />
with it so that more young Londoners are able to reach their full career potential.<br />
Making progress towards our <strong>2016</strong>-19 strategic aims, in <strong>2016</strong> we:<br />
• Secured new funding to work with the boroughs of Barking and Dagenham,<br />
Enfield, Lewisham and Waltham Forest, which are among the most deprived<br />
boroughs in the country.<br />
• Established our first partnerships with businesses in the engineering, PR and<br />
technology sectors.<br />
• Collaborated with other charities and corporate partners to deliver conferences<br />
and events to engage more employers in the social mobility agenda.<br />
We look forward to continuing this progression in 2017!<br />
Number of<br />
schools we’ve<br />
worked with:<br />
then 8<br />
now 234<br />
Number of<br />
London boroughs<br />
we operate in:<br />
then 6<br />
now 30<br />
Number of<br />
students we’ve<br />
worked with:<br />
over<br />
65,000<br />
Last year<br />
over<br />
9,000<br />
young people<br />
participated in our<br />
programmes and<br />
activities<br />
In our first year<br />
156<br />
young people<br />
benefited from our<br />
opportunities
<strong>Impact</strong> measurement<br />
We commit to providing high quality, effective, programmes for all our young<br />
people, from primary school through to undergraduate and beyond.<br />
In order to make sure our activities are having a positive impact on young people,<br />
we will be implementing our own STACK impact measurement tool in 2017, which<br />
will measure the core skills and qualities we seek to develop in young people,<br />
across all our interventions and programmes.<br />
S<br />
T<br />
A<br />
C<br />
K<br />
Self-awareness:<br />
The ability to understand your own character,<br />
abilities and motivations while also<br />
understanding others’ perceptions of you and<br />
how external factors affect you.<br />
Teamwork:<br />
The ability to collaborate with others in a<br />
professional context.<br />
Attitude:<br />
The ability to maintain a positive mindset<br />
and approach.<br />
Communication:<br />
The ability to impart and receive information<br />
in a confident and professional manner.<br />
Knowledge:<br />
Understanding the practicalities of your career<br />
options and the wider world of work.<br />
24 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 25<br />
Alumni anniversary challenge<br />
As The Brokerage turned 20, we set our alumni board members an anniversary<br />
challenge! We asked them to describe the impact The Brokerage has had on their<br />
lives, in just 20 words.<br />
Due to The Brokerage, I learnt essential<br />
skills, accessed great opportunities and built<br />
my career in the City. Thank you!”<br />
Darryl Mootoosamy, Sales & business<br />
development manager, B Lab UK<br />
We know what we are, but know not what<br />
we may be" - William Shakespeare. The<br />
Brokerage definitely helped me know!”<br />
Toib Olomowewe, HR business partner, Shell<br />
Choice words from passionate staff, keen<br />
alumni always giving back, hard work but have a<br />
laugh, aspiration making a comeback.”<br />
Ime Udoh, Business analyst, ICAP<br />
A link that is needed, a hand reaching<br />
out, a step on the ladder, on a journey that’s<br />
just begun.”<br />
Alexandra Galviz, Head of training and<br />
development, Currencies Direct
Key achievements of <strong>2016</strong><br />
Challenge fundraising<br />
Total raised<br />
£5,509<br />
<strong>2016</strong> has seen Brokerage alumni members, friends and supporters dedicating<br />
their time to raising funds for The Brokerage through a series of fundraising<br />
activities and events. These challenges allow Brokerage supporters to achieve<br />
their personal goals, but also give back to a charity which strongly resonates with<br />
them or, for alumni members in particular, supported them into their chosen careers.<br />
The Big Give Christmas Challenge<br />
Total raised<br />
£22,007<br />
The Big Give Christmas Challenge helped us raise funds for our Employability Skills<br />
Advice Service, which helps disadvantaged young Londoners who are seeking advice<br />
or support regarding career opportunities in professional and financial services.<br />
We’re grateful to: Barnett Waddingham, Berwin Leighton Paisner, Clifford<br />
Chance, CFC Underwriting, CMS, Cooley, Fidelis, Markel, Liberty Specialty<br />
Markets, TheCityUK, The EQ Foundation, Tindall Riley, Tokio Marine Kiln and<br />
Sapphire Systems, along with many of our individual supporters who helped us to<br />
successfully unlock all match funds, more than doubling the value of each donation!<br />
Worshipful Company of Insurers<br />
We’ve been delighted to receive support from the Worshipful Company of Insurers<br />
(WCI) which, as well as making a significant and welcome contribution to our core<br />
costs, ensures we can provide a range of additional opportunities for our students.<br />
Thanks to this funding, over 1,300 young people have received additional support<br />
from The Brokeragethis year through:<br />
• The career options programme targeting Year 12s at class assemblies in<br />
predominantly outer London boroughs.<br />
• School-leaver registration and individual career guidance sessions held.<br />
• The annual student summer networking event, held at Insurance Hall, supported<br />
by over 60 representatives from the insurance profession.<br />
26 IMPACT REPORT <strong>2016</strong>
IMPACT REPORT <strong>2016</strong> 27<br />
Funders and donors<br />
In 2015/16, our programmes were supported by funding and donations from the<br />
following organisations:<br />
ArgoGlobal<br />
Ashurst<br />
Bank of England<br />
Barnett Waddingham<br />
Berwin Leighton Paisner<br />
Citigroup<br />
Clifford Chance LLP<br />
City Bridge Trust<br />
City of London Corporation<br />
Hedley Foundation<br />
Herbert Smith Freehills LLP<br />
Lloyd’s Community Programme<br />
Peter Cruddas Foundation<br />
Rabobank International<br />
Reed Smith<br />
Royal Bank of Canada<br />
Royal Bank of Scotland<br />
Sidley Austin LLP<br />
State Street Corporation<br />
TD Securities<br />
The Allen & Overy Foundation<br />
The Childhood Trust<br />
Tokio Marine Kiln<br />
The Nomura Charitable Trust<br />
UBS<br />
Worshipful Company of International Bankers<br />
Worshipful Company of Insurers<br />
Fundraising for The Brokerage<br />
With further funding we can reach more young people from disadvantaged<br />
backgrounds, schools or boroughs in London and inspire, motivate and help them<br />
to reach their potential. You can help us continue our great work by donating<br />
through our JustGiving page or by contacting us directly. Details of both are on the<br />
back page.<br />
THANK YOU to everyone who has<br />
supported us this year - we couldn’t<br />
have done it without you!
Funded by<br />
Publication of this report was supported with funding<br />
from the Worshipful Company of Insurers (WCI).<br />
Acknowledgements<br />
We would like to thank all our partners in schools,<br />
corporates and everyone who supported us in <strong>2016</strong>.<br />
With special thanks to Suzanne Hu for her volunteered<br />
time on this project.<br />
Further information<br />
To find out more about our work, please visit our<br />
<strong>web</strong>site: www.thebrokerage.org.uk<br />
Our annual report and accounts can be found at:<br />
http://www.thebrokerage.org.uk/about-us<br />
Registered charity number: 1059173<br />
The Brokerage Citylink<br />
65 London Wall<br />
London, EC2M 5TU<br />
020 7628 9904