Apprenticeships deliver for businesses and help them grow by:
Reducing training and recruitment costs
Increasing productivity and your bottom line
Developing a skilled, motivated and qualified workforce
Improving customer service results
Providing financial return on investment.
More than 100,000 employers, in over 160,000 workplaces, currently use Apprenticeships to attract new talent, re-skill existing staff and tackle skill shortages. Apprenticeships are available to businesses of all sizes and from all sectors in England. Employment is a fundamental part of an Apprenticeship. An apprentice must be employed in a job role with a productive purpose.
Improve your bottom line
Apprenticeships deliver real returns to your bottom line, helping to improve productivity and competitiveness. Training apprentices can also be more cost effective than hiring skilled staff, leading to lower overall training and recruitment costs.
Fill your skills gaps
Apprenticeships deliver skills designed around your business needs providing the skilled workers you need for the future. They also help you develop the specialist skills you need to keep pace with the latest technology and working practices in your sector.
Motivate your workforce
Apprentices tend to be eager, motivated, flexible and loyal to the company that invested in them. Remember, an apprentice is with you because they want to be – they have made an active choice to learn on the job and a commitment to a specific career.
Apprenticeships help businesses grow their own talent.
Nearly every employer that takes on an apprentice (96%) reports benefits to their business.
72% of businesses report improved productivity as a result of employing an apprentice.
Other benefits reported by apprentice-employers include improved product or service, the introduction of new ideas to the organisation, improved staff morale and better staff retention, each mentioned by around two-thirds of employers.
Apprenticeships develop a motivated, skilled and qualified workforce.
Businesses that offer Apprenticeships view them as beneficial to their long-term development. According to the British Chambers of Commerce, most employ an apprentice to improve the skills base within their business.
Apprenticeships improve productivity while reducing costs.
Apprenticeships are boosting productivity by enabling businesses to grow their skills base. The average Apprenticeship increases business productivity by £214 per week, with these gains including increased profits, lower prices and better products.