Hiring an apprentice is a cost effective way to increase your workforce. Studies have shown that over 80% of businesses that employed apprentices found their productivity had increased as a result. The average apprentice increases productivity by £214 a week, while the minimum wage is just £3.90 an hour for those under 19 and those aged 19 or over who are in their first year.
2. You set the syllabus.
The contents of an apprenticeship are set by the employer, who decide which skills their ideal employee needs, before working with a training provider to create a curriculum that will develop the apprentice.
3. An apprenticeship is a way to upskill current employees.
A large proportion (59%) of post-levy apprenticeship starters are aged 19 and above. It’s likely that most of these individuals were put on an apprenticeship by their current employers. Putting a current employee onto an apprenticeship can be beneficial for both you and the employee, they get a qualification and you get a higher skilled and more knowledgeable employee.
4. They’re tailored to you.
Apprenticeships can be tailored to specific job roles, meaning that the apprentice will fit the needs of your business. The added advantage is that you will effectively train a new employee to think and act in the interests of your business from day one.
5. Apprentices can free up other employee’s time.
There are low-level tasks that need to be done in every businesses department that take time away from the crucial issues that you need your most senior staff tackling. However, these low-level tasks present a perfect learning opportunity for an apprentice.
6. Increase Employee commitment
Apprenticeship data show that businesses that have Apprentices have higher staff retention rates and staff commitment levels. Apprentices regularly go on to become loyal and long standing members of staff.
If you would like more information about hiring an apprentice or up-skilling current members of staff click here.