Apprenticeships: The Employer Benefits
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.
- Reducing training and recruitment costs
- Increasing productivity and your bottom line
Developing a skilled, motivated and qualified workforce
- Improving customer service results
- Providing financial return on investment
More than 100,000 employers, in over 160,000 workplaces, currently use apprenticeships to attract new talent, re-skill existing staff and tackle skill shortages. Apprenticeships are available to businesses of all sizes and from all sectors in England. Employment is a fundamental part of Apprenticeship. An apprentice must be employed in a job role with a productive purpose.
Improve your bottom line
Apprenticeships deliver real returns to your bottom line, with Apprenticeships helping them to improve productivity and to be more competitive. Training Apprentices can also be more cost effective than hiring skilled staff, leading to lower overall training and recruitment costs.
Fill your skills gaps
Apprenticeships deliver skills designed around your business needs providing the skilled workers you need for the future. They also help you develop the specialist skills you need to keep pace with the latest technology and working practices in your sector.
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.
What do employers say?
Business leaders from a range of industries and backgrounds across England give their support for apprenticeships and voice their ambition to help grow the number of places available.
Apprenticeship Grant for Employers of 16 to 24 years old (AGE 16 to 24)
AGE 16 to 24 will support young people aged 16 to 24, to secure an apprenticeship job opportunity. It aims to assist employers new to apprenticeships and those employers who had not been in a financial position within the last 12 months to commit to starting an apprentice, to recruit a new apprentice aged 16 to 24.
AGE 16 to 24 is available in relation to apprentices on approved apprenticeship frameworks. Apprentices working to new apprenticeship standards do not attract AGE 16 to 24. . Employers with fewer than 50 employees can apply for the AGE 16 to 24. Employers are only eligible to receive AGE 16 to 24 if they would not currently be able to recruit an apprentice without this additional support.
The training provider will receive an allocation for AGE 16 to 24 and employer’s will receive AGE 16 to 24 on a first come first served basis. Once the training provider has used up its allocation the AGE 16 to 24 will not be available.
The Employer must check and confirm that they meet the eligibility criteria set out in this document and retain evidence of their claim.
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