There has never been a better time to employ an apprentice or upskill one of your staff with an apprenticeship.
Increase employee retention
Having an apprenticeship scheme in place is highly likely to increase your retention rate. Statistics show that staff tend to be committed to an organisation that has helped them to develop. In short, they feel satisfied and integrated into your business, so are expected to stay with you for longer.
80% of companies who invested in apprenticeships report an increase in staff retention.
Develop your own talent
Fill current or predicted skills shortages by growing your own talent in-house. Apprenticeships offer you the opportunity to train people in the specific areas in which you feel resource is needed the most, providing your organisation with the skills it needs to achieve your goals.
Strengthen your brand
Apprenticeships are big news! And any company with an apprenticeship programme in place is likely to be viewed as a forward-thinking organisation, who is investing in its people. You’re sure to boost your attraction rates and become an employer of choice for both prospective employees, as well as for those looking for apprenticeship opportunities.
Having an apprentice in the workplace means an extra pair of hands. This will allow more experienced employees to delegate certain tasks, providing them with more time to concentrate on their core responsibilities.
- 87% of employers said they were satisfied with the programme,
- 78% say that business productivity has improved,
- 77% of employers believe apprenticeships make them more competitive in business,
- 75% reported that apprenticeships improved the quality of their product or service,
- The average apprentice increases productivity by £214 per week.
Apprenticeships provide learners with a mixture of on and off the job training while they are in employment. The programmes are directly related to the sector in which they are working, which means that training immediately contributes towards the ability of the learner and to your business performance.