Employing an apprentice can benefit your business in a variety of ways.
Free up staff time
Do you have key staff members who could be working in a more productive way, but just do not have the time? If yes, then taking on an apprentice may be the best solution. Your staff would then be able to delegate smaller project work, freeing up their time to do more important tasks. By making your staff more productive, you will make your business more productive too.
Invest in someone’s future
Taking on an apprentice is a real opportunity to invest in an individual’s future and personal development. By giving someone that all-important first step on the career ladder, you will be allowing them to gain work experience and new skills for their working future.
Attract talented staff
As the traditional university route is becoming increasingly expensive, many young people are looking for alternative paths into the workplace. Employing an apprentice is an excellent way to attract new staff and should form a key part of your recruitment strategy.
Improve product or service quality
Apprentices can bring new ideas to your organisation and will gain knowledge and skills to enable your business to work more quickly, competitively and effectively. In 2014, 93% of employers said that employing an apprentice had ‘improved product or service quality’.*
Improve staff morale
Recruiting enthusiastic and motivated apprentices into your business can have a positive effect on staff morale and foster a culture of learning.
After wage and training costs, organisations receive a bottom line boost of around £2,000 per apprentice. This benefit is highest in London where employers gain £2,621 per apprentice. † Therefore, employing an apprentice will lower your overall wage bill.
Enhanced staff loyalty
Apprentices who start their career with a business are more likely to stay with the company in the future, cutting your recruitment and training costs. This means you are more likely to have a motivated workforce that is committed to your company objectives.
Contact the commercial team today for more details on the benefits of taking on an apprentice.
* Source: the Department for Business Innovation & Skills, Apprenticeships Evaluation: Employer, August 2014.
† Source: The value of apprentices, the Association of Accounting Technicians March 2014