"Apprenticeships"; Jodi Fair, NAS

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"Apprenticeships"; Jodi Fair, NAS

  1. 1. Apprenticeships<br />Good for Business<br />Jodi Fair (National Apprenticeship Service)<br />8 September 2011<br />
  2. 2. Presentation title in footer<br />What is an Apprenticeship?<br /><ul><li>Work-based training programme designed around the needs of employers, leading to nationally recognised qualifications.
  3. 3. New recruit or existing member of staff.
  4. 4. Three levels: Intermediate Level, Advanced Level and Higher Apprenticeships, usually lasting from 1 to 4 years.
  5. 5. Over 200 types of Apprenticeships within a variety of industry sectors ranging from accountancy and engineering to veterinary nursing and floristry. </li></ul>11 September 2011<br />2<br />
  6. 6. Presentation title in footer<br />Why Apprenticeships?<br />11 September 2011<br />3<br />There are bottom line business benefits<br /><ul><li> Clear return on investment
  7. 7. Greater productivity
  8. 8. Lower recruitment costs
  9. 9. Lower training and retention costs
  10. 10. Increased employee satisfaction
  11. 11. Greater loyalty and quality of work</li></li></ul><li>Presentation title in footer<br /><ul><li>Government fully funds the training costs for apprentices aged 16 to 18.
  12. 12. If apprentices are aged 19 and over employers may be required to make a contribution towards the training cost.
  13. 13. The employer pays the apprentice a salary reflective of industry rates and experience. The minimum wage is £2.60 per hour (from 1 October 2011) and the average is £170 a week.</li></ul>11 September 2011<br />Apprenticeships: A great idea for your business<br />4<br />What does it cost?<br />
  14. 14. Presentation title in footer<br />Engineering<br />Apprenticeships well established in case studies <br />Shortage in external labour market <br />Opportunities for ex-apprentices to progress into supervisory and managerial jobs <br />Costs of training were relatively high at £29,000 over a three to four year period, but recouped over two to three years after completion <br />
  15. 15. Presentation title in footer<br />Construction<br />Employers train to meet their own skill needs and those of their sub-contractors <br />Training tends to be highly structured and relatively costly compared to other sectors: £22,000 although there is variability between employers <br />Employers’ costs are recouped two years after completing the Apprenticeship <br />
  16. 16. Presentation title in footer<br />Business Administration<br />Training costs vary because of the varying durations of training <br />The cost of training to Level 2 is around £1,100 and around £3,500 to £3,900 at Level 3 depending upon the duration of the training <br />The payback period for a Level 3 Apprenticeship which takes three years to complete is around one year. <br />
  17. 17. Presentation title in footer<br />Information Technology<br />The largely workplace-based nature of training means productivity is relatively high <br />Therefore there are comparatively low costs to employers <br />Employers’ costs are recouped in a short space of time – on average around six months <br />
  18. 18. Presentation title in footer<br />
  19. 19. Presentation title in footer<br />Find out more<br /><ul><li>National Apprenticeship Service in place to offer </li></ul> expert advice and support.<br />Tel: 08000 150 600<br />www.apprenticeships.org.uk<br />10<br />

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