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What value will an apprenticeship add to my business?

If you are facing a skills shortage or worried about your business productivity then an apprenticeship programme is an excellent investment.

Businesses who take on apprentices benefit from:

  • A boost in productivity and profitability
  • A ready, skilled and loyal workforce
  • A cost-effective hiring and training solution


An apprentice brings a great deal of value to their employer

Benefits include:

  • A loyal future employee, eager to learn, grow and help your business 
  • Receiving the most up-to-date training, both in classroom learning and practical, hands-on skills 
  • A ‘blank slate’ to be specifically trained in your company’s culture, processes and technologies 
  • New talent to secure the future of your skills base

Are there funding opportunities available?

Funding opportunities and finance:

Taking on an apprentice is typically more cost effective than bringing in skilled workers, and because former apprentices tend to be more loyal, your business can benefit from savings in both recruitment and training costs over the long-term.

The government is also investing heavily in helping businesses start apprenticeship programmes, so your business could be eligible for support.

What are the costs/benefits of apprentices?

Salary:

  • Cost: Up to £210 per full time apprentice per week
  • Benefit: Less than non-apprentice employee

Recruitment:

  • Cost:  Time spent working with Make UK to identify skills gaps/apprenticeship opportunities
  • Benefit: Opportunity to fill skillsgap with trained, loyal future employees

Training:

  • Cost: Apprentice work hours partially allocated for training
  • Benefit: Future employee who is fully trained in company-specific skills and standards