Benefits of recruiting an apprentice!
Written on 13th, July 2021
Apprenticeships provide an exciting opportunity for both the apprentice and employer! They come in a variety of levels, meaning as a business, you can recruit anyone from a school learner to a university graduate. Apprenticeships allow people to gain essential work experience, whilst gaining a qualification at the same time!
Recruiting an apprentice is an effective way to grow talent within your business. It allows you to build and develop a motivated and hardworking workforce. Here at PTS, we want to shout out the benefits apprenticeships offer. Employers are becoming more aware of apprenticeship services, hence the rapid increase in take-ups over recent years.
Here are a handful of benefits apprenticeships offer to your business:
- Upskill existing staff and save the costs of recruitment – We understand recruiting new safe can be expensive. Apprenticeships enable growth within your business whilst giving a return on investment through upskilling existing safe.
- Motivate your staff – Apprenticeships help businesses to keep their safe motivated and committed to the future. They provide employees with the essential skills to progress their careers forward.
- Grow talent within the workplace – Now more than ever, apprenticeships are appealing to individuals looking to kickstart their careers. Offering an apprenticeship provides a fantastic incentive to potential applicants. You will be able to choose from a pool of talented job seekers.
- Provide your staff with the correct skills and knowledge to fulfil their job role – The National Apprenticeship Service found ‘86% of employers said apprenticeships helped them develop skills relevant to their organisation’. Apprenticeships allow you to adapt the training according to your business needs.
- Receive £3,000 through the government apprenticeship incentive – The government have recognised the importance of apprenticeships. Under the Plan for Jobs scheme, employers can claim a £3,000 incentive payment for every new apprentice brought into the organisation between 1 April 2021 and 30 September 2021.
- Help tackle youth unemployment rates – Unemployment rate has drastically increased due to the Covid-19 crisis. Apprenticeships provide a gateway for individuals looking to get into full-time employment.
Levy Vs Non-Levy:
As an employer, you can get funding from the government to help pay for apprenticeship training. Employers will be either be levy-paying or non-levy paying. Levy-paying employers must use the funds in their accounts to pay for apprenticeship training. However, non-levy employers can share the cost of apprenticeship training with the government.
To find out more about apprenticeship funding, visit: https://www.apprenticeships.gov.uk/employers/funding-an-apprenticeship