As businesses gradually become more aware of the advantages that apprenticeships have to offer, they are finding unique ways to incorporate them into their day-to-day operations. In some cases, they are bringing apprentices on board, having experienced staff members teach them the ropes. In other cases, they are encouraging current employees to take their careers to new levels through the use of an apprenticeship.
Apprenticeships provide a way for workers to develop their skills and to boost their qualifications, helping them to earn more in the future and to go further in their careers. From an employer’s standpoint, however, there are also a number of key advantages including the following
1. Access to trained workers.
When employees take part in apprenticeship programs, they develop skills that can help them perform better in their jobs, directly benefiting the companies that they work for.
Apprenticeships also focus on skills that are directly related to the needs of the company. This enables businesses to train employees to meet their specific needs, making it easier to promote from within.
2. Apprenticeship programs can boost employee retention while simultaneously building loyalty.
When employees receive training directly from their employers, they have a tendency to stay at that company and to work hard to help the business meet its goals.
By participating in an apprenticeship program, employees start to view their position as a career rather than as a job. As a result, they are less likely to leave the company and search for work elsewhere. This can help minimize recruitment-related expenses. When you provide an existing employee with a chance at an apprenticeship, it lets them know that you value them and that you are willing to help them in their career.
A survey done by the National Apprenticeship Service found that more than 90% of businesses that worked with apprentices felt that their workforce enjoyed greater job satisfaction and increased motivation. As many as 80% of those businesses also saw an improvement in their ability to retain employees.
3. Apprenticeships can have a positive financial effect on businesses.
Apprenticeships have been shown to positively impact the finances of companies that use them.
This can be seen in the results of data gathered by the National Apprenticeship Service. This data shows that more than 80% of people prefer to work with companies that utilize apprentices. They have a calculator on their website that you can use to figure the potential ROI you could realize by implementing an apprenticeship program. Look at how positive this post from DST is. It should give you hope in apprentices.
4. Apprenticeships help ease the workload on existing employees, allowing them to stay more focused.
Oftentimes, employees get overrun by menial tasks, keeping them from working on more important projects.
By handing these tasks off to an apprentice, staff members can focus on the key components of their job rather than on the little things that distract them from getting their work done. As a result, staff members usually enjoy increased productivity when working with an apprentice.
5. Apprentices can breathe new life into a business.
The excitement and enthusiasm that apprentices bring to the job can be contagious. Long-term employees are often inspired by the outside perspective that apprentices have to offer.
Keep in mind, apprentices can be quite diverse, coming from a variety of different areas. As a result, they can often offer new and innovative perspectives on the issues that your business is dealing with.
Businesses also have a social responsibility to give back to the community around them. Apprenticeships are a great way to do just that. There is no better way to attract high-quality employees or to build customer loyalty than by creating opportunities for people to take their careers to new heights.