Benefits to the business.
There are many benefits to businesses employing apprentices. Apprenticeships enable businesses to grow their skills base resulting in increased profits, lower prices and better products. Apprentices want to do the job and investment by the business can bring huge returns. Being able to develop a young person with the skills needed for the business can only be a positive outcome. Apprentices tend to be loyal to the business that has invested in them.
- Productivity - Apprenticeships improve productivity to businesses by on average £214 per week.
- Profit - Apprentices enable businesses to grow their skills base resulting in increased profits, lower prices and better quality.
- Quality - 89% Of employers state apprenticeships help their business improve the quality of their product or service.
- Employability - Employers say that qualified apprentices are 15% more employable than those with other qualifications.
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