Business benefits of hiring an Apprentice
In today’s environment skills shortages and recruitment difficulties can be a real threat to the competitiveness of organisations. Apprenticeships ensure that employees have practical and up to date skills in order to improve efficiency, productivity, competitiveness and staff retention. Apprentices can also bring a new perspective and fresh talent into your business.
Research by Popolus conducted in 2008 on behalf of the LSC revealed:
- 77% of employers believe Apprenticeships make them more competitive
- 76% say that Apprenticeships provide higher overall productivity
- 80% feel that Apprenticeships reduce staff turnover
- 83% of employers rely on their Apprenticeships programme to provide the skilled workers that they need for the future
- Two-thirds of respondents believe that their Apprenticeship programme helps them fill vacancies more quickly, whilst
- 88% believe that Apprenticeships lead to a more motivated and satisfied workforce
- 59% report that training apprentices is more cost-effective than hiring skilled staff, with 59% believing that Apprenticeships lead to lower overall training costs and 53% feeling that they reduce recruitment costs
- In terms of the return on investment linked to Apprenticeships, 41% say that their apprentices make a valuable contribution to the business during their training period, while a further third (33%) report that apprentices add value within their first few weeks (or even from Day One)
- 57% report a high proportion of their apprentices going on to management positions within the company
- Over three-quarters of respondents expect apprenticeships to play a bigger part in their recruitment policy in the future.
(Source: National Apprenticeship Service)
If you are interested in employing an Apprentice, but you’d like more information regarding the process or possible programmes, please contact us by dialling 01923-698430 today. Or alternatively, complete the form below and we will contact you.