The advantages of apprenticeships for employers are rapidly becoming better known across the nation, thus the rapid rise in take up recently.
Allow me to share 7 of the biggest benefits of taking holding a degree apprentice at the organisation of yours.
- Make almost all of federal funding
Make use of government funding to make staff members for a major future in the business of yours, by gaining worldwide recognised qualifications.
In case you are a levy paying employer, you are able to utilize the money in the bank account of yours to cover apprenticeship training and evaluation (up to some funding band maximum) If you are a non levy paying employer, you are able to discuss the price of apprenticeship education with all the authorities.
Remember that the apprentice’s income and related expenses (such as statutory licences to perform, travel and subsidiary expenses and also work positioning programmes where applicable) stay the duty of yours as an employer.
Extra government support throughout the economic recovery
The government’s strategy to kickstart the nation’s economic recovery has an incentive payment for companies that employ an apprentice between one August 2020 and thirty one January 2021.
For apprentices aged 16 24 the transaction is going to be £2,000, and also for apprentices aged twenty five or with the payment is going to be £1,500.
- Save money on the expense of recruitment
Recruiting brand new staff is costly and will come with risks.
Up-skilling existing staff members is a good way to make sure the organisation of yours has got the able personnel you need to have, without resorting unduly to brand new hires.
For an apprenticeship management solution get in touch with the experts at ARODS today.
- Improve the service of yours
In a survey commissioned by the government in 2017, eighty six % of companies noted benefiting from’ the improvement of skills applicable to the organisation’ by hiring apprentices.
An additional three quarters highlighted’ improved efficiency, much better quality of system or product, and also higher staff morale.’
- Support personnel to develop skills and information which are specifically applicable to the jobs of theirs
The syllabi for those degree apprenticeships are created in partnership with industry in an effort to plug existing abilities gaps, meaning the worker of yours is to learn whatever they need for success in the chosen field of theirs.
The variety of degree apprenticeship programs offered, both at UWL and nationwide, is placed to keep on expanding, and so get in contact with us in case you cannot notice your preferred pathway on these web pages.
- Motivate the employees of yours
One of the more substantial advantages of apprenticeships, for staff members and companies alike, is they assist organisations preserve their personnel motivated and dedicated for the long-term, by assisting them build the abilities of theirs more than a few years.
The apprentice(s) of yours will be working in the data that at the conclusion of this period they are going to have a qualification that’s tremendously beneficial, to them individually and also for you as being an employer.
- Develop top calibre staff
Well-trained, highly trained staff add value to other organisations, both immediately and through the power of theirs to coach, coach and train other workers.
Build the team you have to meet the business objectives of yours.
- Secure the very best new talent
Providing a degree apprenticeship provides an excellent incentive to possible job applicants, helping you to select from probably the brightest and most committed jobseekers.
When you partner with us, we will list the opening of yours on the Apprenticeship Vacancies page of ours, allowing you to attract high calibre applicants.