4 benefits of Apprenticeships for employers
Apprenticeships are more popular than ever, possibly thanks to the introduction of the Apprenticeship Levy last year; but probably also because of the range of apprenticeships that are now available. No longer only common in skilled trades such as engineering or construction, they’re offered in just about every sector with individuals taking apprenticeships to become lawyers, beauticians, teachers and business gurus, to name just a few.
Not only beneficial to apprentices, the advantages of such schemes span employers too. So what are you waiting for? Here are just some of the reasons why an apprenticeship scheme will benefit your organisation:
1. Increase employee retention
Having an apprenticeship scheme in place is highly likely to increase your retention rate. Statistics show that trainees 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.
2. 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.
3. Strengthen your employer 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.
4. Enhance productivity
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.