Benefits for your business
Apprenticeships can support your business to grow talent and develop a skilled workforce.
Offering an apprenticeship can:
- introduce fresh talent and ideas to your business by recruiting new staff and upskilling existing members
- align training to your business needs
- boost staff loyalty and motivation
- aid in your business growth
Studies show that because of apprenticeships:
- 80% of employers report higher staff retention
- 92% of employers see a boost in workforce motivation and satisfaction
The St Martin’s Group study on the benefits of apprenticeships found, that despite associated costs, UK employers see an average annual gain of £2,500 to £18,000 in output per apprentice during their training period.
If you’d like to speak to one of our team about hiring an apprentice contact us here
If you’d like to continue reading about hiring an apprentice click here
(Sources Oct24: https://find-employer-schemes.education.gov.uk/https://www.apprenticeships.gov.uk/employers/understanding-apprenticeship-benefits-and-funding)