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What are the benefits of an Apprenticeship?

Whether you're looking to grow your workforce, or invest in existing staff, Apprenticeships can be a great way to develop your business!

There are so many benefits to employing and working with apprentices, far beyond just those you'd expect to see on the list.  Not only are you looking at growing or investing in your workforce by supporting apprenticeships, but you develop their supervisors and line managers too.  Just some of the widely recognised benefits of an Apprenticeship include

  • Talent acquisition: Apprenticeships can help employers attract and secure top talent, from entry level positions right up to degree levels.
  • Staff development: Apprenticeships can help employees develop skills and knowledge that are relevant to their jobs at a level that's appropirate to them.
  • Staff retention: Apprenticeships can increase staff retention rates and satisfaction.
  • Diversified teams: Apprenticeships can help diversify teams by bringing in new talent and ideas as well as those transferring from other industries or specialisms.
  • Corporate social responsibility: Apprenticeships can demonstrate a company's commitment to corporate social responsibility, and willingness to invest in its workforce.
  • Structured progression: Apprenticeships can offer structured progression for apprentices.
  • Opportunities for supervision: Apprenticeships can provide opportunities for staff to supervise and mentor apprentices.
  • Cost savings: Apprenticeships can save money on recruitment costs and national insurance. In the UK, employers can expect to gain between £2,500 and £18,000 per apprentice during their training period.
  • Government incentives: There are government incentives for employers who take on apprentices.  These vary based on industry, but can boost resources significantly, especially for small businesses or identified skills needs.
  • Regular reviews: Regular reviews and feedback can help track an apprentice's development and give you, as an employer, greater support for their overall training and development as well as their long term career progression.

    Find out more about our range of Apprenticeships in the video below

Apprenticeships at SHCG 2024

There are also various financial incentives available to employers taking on Apprentices, some of which are based on the industry you work in, or circumstances of the Apprentice themselves.  We can help support you to better understand these, but in many cases we cannot apply on your behalf, so please do speak to your Business Partner early to ensure you are accessing all possible support.