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Apprenticeships can
help businesses across all sectors by offering a route to harness fresh new
talent. UK businesses consider skills shortages and recruitment difficulties a
bigger threat to performance than soaring oil prices and declining consumer
spending, and more than a quarter of these rate this form of vocational training
higher than any other qualification.
Apprenticeships ensure that your workforce has the practical skills and
qualifications your organisation needs now and in the future. The mixture of on
and off job learning ensures they learn the skills that work best for your
business. Over 130,000 companies offer apprentice places because they understand
the benefits that apprentices bring to their business – increased productivity,
improved competitiveness and a committed and competent work-force.
Improve your bottom line
Apprenticeships
deliver real returns to your bottom line. In a recent survey*, the majority of
employers said that Apprenticeships helped them to improve productivity and to
be more competitive. They also said that training apprentices is more cost
effective than hiring skilled staff, leading to lower overall training and
recruitment costs.
* Apprenticeships,
survey conducted by Populus on behalf of the Learning and Skills Council,
February 2009.
Fill your skills gaps
Apprenticeships
deliver skills designed around your business needs. They also help you develop
the specialist skills you need to keep pace with the latest technology and
working practices in your sector. Employers in the Populus survey said they
relied on their Apprenticeship programmes to provide the skilled workers they
need for the future.
Motivate your workforce
Apprentices tend to
be eager, motivated, flexible and loyal to the company that invested in them.
Remember, an apprentice is with you because they want to be – they have made an
active choice to learn on the job and a commitment to a specific career.
Earlier research, conducted in February 2008 by Populus on behalf of the LSC to
launch the first National Apprenticeship Week revealed:
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77% of employers believe
apprenticeships make them more competitive;
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76% say that apprenticeships
provide higher overall productivity;
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80% feel that apprenticeships
reduce staff turnover;
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83% of employers rely on their
apprenticeships programme to provide the skilled workers that they need for
the future;
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Two-thirds of respondents believe
that their apprenticeship programme helps them fill vacancies more quickly,
whilst
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88% believe that apprenticeships
lead to a more motivated and satisfied workforce;
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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;
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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);
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57% report a high proportion of
their apprentices going on to management positions within the company;
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Over three-quarters of
respondents expect apprenticeships to play a bigger part in their
recruitment policy in the future.
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