NHS Graduate Management Trainees & Return On Investment

It is imperative that the NHS Graduate Management Scheme can prove its value with firm evidence. Join our Scheme we will expect you to clearly make an impact, in whatever area you work, and demonstrate your value to the NHS.

Our Scheme generates savings per trainee in the tens of thousands of pounds, and retains more trainees than other private and public sector schemes. Those are findings in a report. 'Payback – Return on Investment for the NHS Graduate Scheme' which is an analysis of statistical evidence and case studies. The report was compiled following the White Paper ‘Equity and Excellence: Liberating the NHS’ which stressed that the NHS must be focussed on outcomes.

Information and statistics produced by the Association of Graduate Recruiters have been used as a comparator, and demonstrate that the NHS retains more of its trainees at one and five years after they have left the scheme. Statistics also cover average and potential earnings in the first five years, as well as retention rates.

The report looks at the return on investment (ROI) of trainees whilst on the Scheme. It includes a number of case studies showing how trainee projects are designed to support the quality, innovation, productivity and prevention (QIPP) agenda. In one example, a trainee generated savings of £74,000 by improving systems and productivity.

We know our trainees make a difference to the NHS organisations in which they are placed and it is essential that we are in a position to demonstrate this as hard fact. We have now developed a methodology which is to be used by all NHS Graduate Management trainees from September 2011 to calculate exactly what their individual return for the NHS is.

Find the full report here: ROI Report August - 2011.