PED
Graduate Employment Program
Description
The Graduate Employment Program (PED) is a pre-employment internship scheme for young graduates without professional experience seeking employment. It is based on a cost-sharing mechanism between FNE and partner companies, allowing young people to gain first-hand experience while being remunerated.
Context & Stakes
Youth unemployment, particularly among graduates, has serious social consequences. Key contributing factors include:
- Limited economic absorption capacity relative to growing job demand;
- Underutilized employment opportunities within the country;
- Employer requirement for immediately operational workforce with prior professional experience;
- Inadequate alignment of the educational system with labor market needs;
- Approximately 70% of youth entering the job market lack vocational qualifications.
Objectives
The PED aims to facilitate the professional insertion of inexperienced graduates by:
- Leveraging employment opportunities through worker qualification;
- Creating pathways into productive sectors for young people;
- Reducing graduate unemployment rates;
- Encouraging companies to recruit young people by sharing training costs.
Target Audience
The PED targets:
- Young graduates without professional experience;
- Job seekers registered with FNE;
- Holders of technical, professional or university diplomas;
- People seeking first experience in their field of training.
Strategy
The program operates on a collaborative 'training/pre-employment' model:
- Cost-sharing: FNE and the host enterprise share intern remuneration costs equally (50/50);
- Streamlined process: 1. Enterprise submits habilitation request to FNE; 2. FNE assesses enterprise hosting capacity; 3. Program activated upon approval;
- Adapted duration: internship period defined based on graduate profile and company needs;
- Follow-up: FNE advisor regularly monitors internship progress.
Financing
PED financing is based on an equitable sharing mechanism:
- FNE covers 50% of the intern's remuneration;
- The host enterprise pays the remaining 50%;
- This mechanism significantly reduces recruitment costs for the employer while guaranteeing income for the intern;
- FNE intermediation services (selection, monitoring, advice) are completely free for both parties.
Benefits
For young graduates:
- Acquisition of a first professional experience;
- Remuneration during the internship period;
- Possibility of permanent recruitment at the end of the internship;
- Development of professional network. For companies:
- Reduced recruitment costs (50% of salary covered by FNE);
- Access to a pool of pre-selected young graduates;
- Contribution to training the future generation of workers;
- Support and monitoring by FNE advisors.