Benefits of Apprenticeships
Apprenticeships help businesses to grow
Almost 9 in 10 of every employer that takes on an apprentice report benefits to their business and
70% of businesses report improved productivity as a result of employing an apprentice.
Other benefits reported by around two-thirds of employers include improved products or services, new ideas being introduced to the organisation, better morale among staff and more staff staying with the organisation.
Apprenticeships develop a motivated, skilled and qualified workforce
Businesses that offer Apprenticeships say they help with long-term development. According to the British Chambers of Commerce, businesses usually employ an apprentice to improve the skills available within their organisation. Apprentices are supported by quality training from local training organisations.
Apprenticeships improve productivity while reducing costs
Apprenticeships boost productivity by helping businesses to expand the skills available in the organisation. The average person completing an Apprenticeship increases productivity by £214 a week. These gains include increased profits, lower prices and better products.
Last updated: 15/01/14