The advantages of apprenticeship training for individuals are well-known. From providing a way for school leavers to earn while they learn, to gaining the skills and qualifications existing workers need to reach their career goals, there are many benefits motivating individuals to become apprentices. But what are the advantages to organisations that sign their employees up for the qualifications?
Whether your business is thinking of recruiting through apprenticeship standards, or you’re considering an apprenticeship as part of your talent planning process, read on to understand the business benefits of adding apprenticeships to your organisational strategy:
A keen awareness of the landscape your organisation operates in is essential for your continued growth and success. Enrolling your existing staff on apprenticeships can help your business respond to any changes in the sector by addressing skills gaps, identifying areas for improvement in your teams, and equipping them with the tools to succeed.
By working closely with your apprenticeship training provider, your organisation can even tailor the teaching content included in the programme to create a bespoke solution that suits your business needs. Whether it’s emphasising the importance of strategies such as evidence-based practice in the clinical and social healthcare sector, or embedding your company’s core values at the heart of each unit, a good training provider will ensure your employees are ready to face any future challenges.
Thanks to the apprenticeship levy, apprenticeships are a cost-effective option for organisations looking to support current employees in their skills development or recruiting fresh talent to the team. In fact, organisations with an annual payroll of over £3 million are already paying towards an apprenticeship programme through the levy, generating a ‘pot’ of money that they can use to cover the programme’s associated costs. These can be used to directly benefit your own workforce by using it to invest in your employees’ professional growth or even recruit a new face to your organisation.
Is your payroll less than £3 million per annum? No problem – non-levy paying organisations can receive assistance and subsidies from the government to help you access the benefits of apprenticeships for your business growth. For example, you can share the cost of apprenticeship training with the UK Government and only pay 5% of the costs (UK Government, 2023).
Further incentives are also available to organisations that are thinking of hiring apprentices. For the latest information regarding these benefits, please visit the official government incentive guidance webpage.
The process of designing an apprenticeship standard involves collaboration between awarding bodies and key figures from the industry. This ensures that the content covered within the apprenticeship and the assessment methods used accurately reflect the current and future needs of the industry, setting apprentices up for success.
At Hart Learning & Development, apprentices work with teams who understand the industry. Many of our tutors have previously worked in the sector themselves, and combine their own experiences with their continued professional development and research to create relevant teaching sessions for learners. In addition, our account management and engagement teams regularly meet with representatives from across different organisations and sectors to better understand challenges and developments.
As part of North Hertfordshire College, Hart Learning & Development also benefits from the engagement in local skills improvement plans (LSIPs) and the subsequent curriculum and campus developments, including the recent creation of a mock NHS-standard hospital ward and new renewable technologies qualifications, to ensure apprentices finish their programme with a valuable and well-developed skill set.
There are many benefits that your organisation can reap through incorporating apprenticeships into your talent planning. For more information about the apprenticeship and training opportunities available in your sector, please visit our Business Hub. Alternatively, please complete the contact form below and one of our team will be in touch.
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