Apprenticeships address skills shortages within companies, they upskill the existing workforce, and they reduce staff turnover too.
The result of which is increased productivity and being able to attract some of the brightest local talent to join and, importantly, stay with the business.
For a long time, apprenticeships have been an under-utilised resource. A diamond in the rough.
But that’s all changing now. Don’t get left behind while your competitors cash in.
Businesses across Nottingham are placing apprentices at the heart of their plans to rise to the top of their industry.
Research also suggests companies rank hiring the right staff as THE MOST important factor in helping them grow.
Here are some statistics to highlight why apprentices are so valuable, according to research by Morar:
8 in 10 managers see apprentices as important part of growing their business
the right people and skills are 10 times more important to expansion than access to finance
apprentice employers are five times as likely to rapidly expand their business
*Research conducted by ‘Morar’ and used on government website
If that’s not enough to convince you, then CT Skills can provide even more incentives.
If you take on apprentices through us, we can help you through the whole process to make it as easy and rewarding as possible.
There are also exclusive financial incentives of up to £3600 to be claimed from government funding through CT Skills (eligibility applies).
Employers also no longer pay National Insurance contributions for apprentices under the age of 25 (eligibility applies) so it’s never been easier and more affordable to hire.
The government is investing £3 billion to create three million apprenticeships by the year 2020.
A new ‘Apprenticeship Levy’ – funded by big businesses – means the government will contribute at least 90 per cent of the apprenticeship training costs for businesses with an annual paybill of less than £3 million.
What’s even better is that all employers can benefit!
To make use of the new government funding, businesses are required to form a partnership with an authorised training provider.
CT Skills is a large Independent Learning Provider with over 20 years’ experience delivering training solutions to businesses in the East Midlands.
In 2016, we provided training to over 3,000 learners across Nottinghamshire and Derbyshire alone.
Contact one of our dedicated business development managers to arrange your initial consultation on 0115 959 9544 or email email@example.com.
By Jarrad Johnson, PR & Communications Executive