Apprenticeship programs help potential employees get the industrial experience needed in order to succeed in their professions. Apprenticeships also allow practitioners to acquire a license to work in a regulated profession. Most of the apprenticeship training are done while working for employers who help apprentices learn their profession in exchange for their labour for a specified period of time. The benefits an apprenticeship offers is coming to the attention of many employers. Apprenticeship can include employing a new staff member or encouraging an old staff member to further their career by taking an apprenticeship. An apprenticeship does benefit not only the employer but also the employee. Benefits of apprenticeship are as described below.
Staff loyalty and retention is the first benefit of an apprenticeship In-house trained customers are more motivated, committed and supportive of a business and its objectives. When staff is given an opportunity for apprenticeship, they see their job as a profession making them stay for longer. This enable companies to reduce recruitment costs. Giving an apprenticeship to an existing employer makes them feel a relevant part of the workforce thus appreciate investing in their future. Results coming to companies that engage in apprenticeship is a more satisfied workforce that is motivated. This has led to increased retention of employees.
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. Most customers prefer using companies that take apprentices. Return on investment due to apprenticeship can be calculated from a company’s website. Additionally, the amount apprentices pay helps a company not to use much on recruiting new workforce.
Freeing up existing workforce time is the third advantage of apprenticeship. As a business grows, it posses the challenge of denying its existing workforce time to focus on their major job descriptions as small tasks demand their attention. Apprentices are allocated these small duties a they learn and act responsibly, On the other hand, it frees up the time of more experienced staff Better allocation of roles increases your company’s productivity.
Advantage number four is the ability of apprenticeship to provide skilled workforce in the future. Employees who undertake apprenticeship training improves their skills thus benefiting the company in the long term. Apprenticeship should ensure that talents developed match the business future needs. This ensures steady supply of qualified workforce within the company.
The final pro is the revitalization of your business by apprentices. 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. By undertaking apprenticeship, apprentices show their readiness to learn and contribute new ideas into the company. As apprentices originate from a variety of backgrounds, they can bring a range of insights into the activities of your business.