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Benefits for Business

Benefits for Business

Apprenticeships help businesses to grow

96% of employers that take on an apprentice report benefits to their business.
72% of businesses report improved productivity as a result of employing an apprentice.
Other benefits reported by around two-thirds of employers include improved products or services, new ideas being introduced to the organisation, better morale among staff and more staff staying with the organisation.

Apprenticeships create a qualified and skilled workforce

Businesses that offer Apprenticeships think that they help with their long-term development. According to the British Chambers of Commerce, businesses usually employ an apprentice to improve the skills available within their organisation. Apprentices are supported by quality training from local training organisations.

Apprenticeships improve productivity while reducing costs

Apprenticeships are boosting productivity by helping businesses to expand the skills available in the organisation. The average person completing an Apprenticeship increases productivity by £214 a week. These gains include increased profits, lower prices and better products.

Improved Corporate Identity

According to the Skills Funding Agency 81% of consumers state that they would prefer to use a company that employs apprentices.

To see how Apprenticeships have benefited other businesses, see the employer case studies below.

Solihull Dental Practice case study

Boyer’s Body Centre case study

Sources  href=”http://traineeships.apprenticeships.org.uk/employers/apprenticeships-for-small-business/why-choose-apprenticeships-for-your-business.aspx”>

– http://skillsfundingagency.bis.gov.uk/employers/apprenticeships/