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Apprenticeships, a route to success

 

  • Benefits to Individuals
  • Benefits to Employers
  • Benefits to the Economy

Key Apprenticeships Facts For Individuals and Business

The latest key facts about apprenticeships:

 

Benefits to INDIVIDUALS:

  • After finishing, the majority of apprentices (90%) stay in employment (including 2% self-employed), with seven in ten (71%) staying with the same employer.
  • A quarter of former apprentices had been promoted (23%) within 12 months of finishing.
  • 89% of apprentices are satisfied with their apprenticeship; 85% of apprentices said their ability to do the job had improved, and 83% of apprentices said their career prospects had improved.
  • On average, individuals with an advanced apprenticeship earn between £77,000 and £117,000 more over their lifetime than similar individuals with Level 2 qualifications.
  • Those completing a higher apprenticeship could see increased earnings of an estimated £150,000 over their lifetime.
  • Nearly a fifth (19%) of advanced apprentices progress to higher education over time following their apprenticeship, either at a college or university

Read More about the Apprenticeships we offer.

 

Benefits to employers:

  • Employers say that qualified apprentices are 15% more employable than those with other qualifications
  • 89% of employers reported that apprenticeships helped their business improve the quality of their product or service
  • Apprenticeships at Level 2 and Level 3 deliver £26 and £28 of economic benefits respectively for each pound of government investment
  • 82% of employers say they are satisfied with the apprenticeship programme and 70% report that apprenticeships improved the quality of their product or service
  • Apprenticeships boost productivity to businesses by on average £214 per week
  • Apprenticeships enable businesses to grow their skills base resulting in increased profits, lower prices and better products
  • Traineeships offer businesses an opportunity to build a pool of high quality future recruits for their sector

Read more about the apprentice training we offer.

 

Benefits to the economy:

  • 2.4 million apprenticeships were started in England during the last government
  • Apprenticeship participation now stands at record levels
  • Apprenticeships are available in 1,500 job roles, covering more than 170 industries
  • More than 1,300 employers are involved in designing the new apprenticeships standards

 

 

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