Since the introduction of apprenticeship levy’s in 2017 there has been an increase in apprentice applications of 155%
If you’ve been thinking about taking on an apprentice to start their career with your business, here’s a rundown of the business benefits that may help you make that move.
You get funding. As an employer, you can get funding from the government to help pay for apprenticeship training.
Tackle a skill shortage. Apprenticeship schemes help employers ensure that they get exactly the knowledge, skills and behaviours they need while growing a talented workforce.
High staff retention. Apprentices tend to be more committed and loyal to the organisation that trained them and are thankful for the opportunity they’ve been given. A recent study found 64% of apprentices remained with the same company they started out with for the remainder of their employment.
Increased productivity. Employing an apprentice is a highly cost-effective way to increase your workforce, as they contribute more than they cost. They provide an extra pair of hands and as they learn are able to take on larger and more complex tasks.
Training on the job. As apprentices are work-based training programmes, the training is ‘on the job’ in a way that minimises disruption and maximises their impact on the business.
An injection of youthful talent. As apprentices earn while they learn, they are motivated and driven to succeed. A recent study found 88% of employers believe apprenticeships lead to a more motivated and satisfied workforce.
Positive long-term development. Apprenticeships provide you with the skilled workers you need for the future as a high proportion of apprentice’s progress to management positions within their companies in the future years.
Apprentices come highly recommended. Don’t just take our word for it. A massive 96% of employers who have hired apprentices say they would recommend this method to other employers.
You can employ apprentices at different levels. You can hire someone straight from school, at the graduate level, or you can upskill an existing employee.
Apprenticeships are an exciting way forward for both apprentice and employer!
Discover how apprentices can transform your business
Start your apprenticeship recruitment journey today by sending us an email to: bss@tdrtraining.co.uk and a member of our team will call you back to discuss your needs.