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Introduction to Apprenticeships
Apprenticeships have existed for hundreds of years, in one form or another; morphing from the labour of the Middle Ages to the modern-day apprenticeships that are shaping the school-leaver and graduate space. So much has changed in recent years that they are barely recognisable - connotations that may spring to mind from traditional apprenticeships are no longer relevant, as programmes are in constant flux. Reforms have been fast, complex and numerous over the last four years, creating a veil of misunderstanding around their structure and benefit.
While running an apprenticeship scheme isn’t easy, it’s also far from the overwhelming situation that many employers expect. An apprentice is an employee on an approved training programme called an “apprenticeship”. As there is no age or level definition included, they cast a much larger net and are wider-ranging than many would imagine. Apprenticeships now span right from entry Level 2, to the equivalent of a Masters level qualification, with many also including professional qualifications.
There is also a financial benefit. Studies show that for every pound invested in a Level 2 apprenticeship, £26 is returned to the business; increasing to £28 at Level 3. However, this is only one snapshot of the return on investment that apprenticeships can bring and doesn’t begin to quantify increased engagement levels, higher levels of productivity, or the plugging of skills gaps.
"This air of mystery has led to misconceptions that need to be broken down"
If you are considering using apprenticeships to upskill and future proof your business, then have a read of our upcoming case studies. Hopefully, this will be a first step in breaking down some of the misconceptions about apprenticeships and will showcase the fantastic benefits that apprentices can bring, both to businesses and to individuals.