Apprentices gain the experience needed to thrive in their careers from an apprenticeship program. Apprenticeships presents practitioners ability to acquire licenses to use in their regulated professions. Apprentices offer labour to employers training them in their professions for a specified duration. More employers realize the benefits of apprenticeships. Apprenticeship is not only for new employees but the old workforce as it encourages them to engage in apprenticeship to help further their profession. Apprenticeship benefits do not only accrue to apprentices but companies as well. The advantages are as explained below.
Staff loyalty and retention is the first benefit of an apprenticeship Workforce trained in a company tend to be more committed, motivated and supportive of the company and its objectives. An apprenticeship opportunity makes staff to see their jobs as a career as well as stay for long with companies. This helps reduce the costs of recruitment. Giving an apprenticeship to existing staff interprets it as being an integral part of the staff and is happy investing in their future. Companies that have embraced apprentices have realized a more satisfied and motivated workforce. In regard to this, retention of staff is increased.
The second advantage is improved company bottom line. Investments in staffs who have undergone apprenticeships positively affect a company’s finances increasing its ability to compete. More clients prefer to use companies that involve an apprenticeship. A big number of customers choose companies that offer apprenticeship. Return on investment due to apprenticeship can be calculated from a company’s website. In addition, the amount charged from each apprentice means a company does not spend a lot recruit new staff.
The third benefit is that apprenticeships free up existing staff time. When business is in the growth stage, basic jobs rob the time of existing employees who end up not concentrating on the key aspects of their profession. Apprentices are delegated the basic jobs allowing them to learn and exercise responsibility. This relieves the unnecessary burdens of the experienced workforce. Better allocation of work makes your company more productive.
Advantage number four is the ability of apprenticeship to provide skilled workforce in the future. Workforce that undergoes apprenticeship ensure that the company benefit from their skilled labour in the long run. An apprenticeship also makes sure that skills developed are matched with the future needs of a company. This will provide the company with a source from within of skilled staff.
The last advantage is the ability apprentices have in revitalizing your company. Most of the times, apprentices possess positive attitudes as well as new work approaches which they bring on board bringing a knock-on effect on the existing employers. Agreeing to enroll for apprenticeship not only shows the apprentice’s eagerness to acquire knowledge but bring new ideas to the industry too. As apprentices originate from a variety of backgrounds, they can bring a range of insights into the activities of your business.