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Investing in your team’s development is essential for driving a company’s success – if your staff aren’t learning, they are not growing and may start looking elsewhere.

Apprenticeships are a powerful tool for employers looking to make the most of their training budget, especially if you are looking to fill skills gaps in your business and retain high quality staff.

Here’s five ways investing in apprenticeships can help your company:

BOOST PRODUCTIVITY

Apprenticeships at level four and above, which are designed for people with some experience or existing qualifications, can give you a real return on investment.

These courses are perfect for your ambitious staff who want to take on more responsibility and support them as they move into more senior or specialised roles – helping ensure that leadership skills are being developed from within the business.

IMPROVE RETENTION

A found that 62% of apprentices stayed working for the company that trained them after completing their apprenticeship and 76% of employers said that training existing employees as apprentices improved staff retention.

Offering your team the chance to improve their skills shows that your company cares about their personal and professional development. The long-term development of apprentices into skilled professionals can lead to stronger teams and a more loyal workforce, ultimately driving business success.

Apprenticeships offer the person a chance to expand their professional network by meeting people who are at the same level as them at work, getting a shared experience and community. They also create stronger relationships in their current role as every apprentice has a workplace mentor, who is separate to their line manager, who is there to support them through their learning.

CREATE A MORE ENGAGED CULTURE

Employees who feel supported in their career development are more likely to remain with the company, reducing the recruitment and training costs associated with hiring new staff. Apprenticeships also provide an avenue for employees to advance their skills and take on new responsibilities, helping you to develop a talent pipeline within your own business.

Apprenticeships also offer the chance to foster diversity within your workforce. By providing apprenticeship opportunities, you can attract a diverse range of candidates, including those who may not have pursued traditional academic routes but have the potential to excel in a practical, hands-on learning environment. This can enrich your company’s skillset, bringing in fresh perspectives and innovative approaches that may otherwise have been overlooked.

ADDRESS SPECIFIC SKILLS GAPS

Apprenticeships at ¸Ô±¾ÊÓƵ allow you to tailor training to the exact needs of your business, whether you are looking for leadership development or specific technical expertise. You can work with us to ensure the skills you need are built into the programme. This targeted approach eliminates the inefficiencies of generic training schemes and makes sure you get the best return on investment. It’s no wonder 93% of our apprentices said ¸Ô±¾ÊÓƵ provided them with accessible training resources, while 82% felt their training helped them perform better at work. Contact us to find out more.

DEVELOP FUTURE LEADERS

Investing in leadership apprenticeships ensures that you are not only meeting immediate skills gaps and boosting the confidence of your staff, but also building a pipeline of future leaders. It’s a strategic approach that can help you cut the cost of going externally for future leadership appointments by “growing your own talent” in house, with people who understand the company’s values and goals.