What are the costs/benefits of apprentices?
Are there funding opportunities available?
An apprentice brings a great deal of value to their employer
What value will an apprenticeship add to my business?
Costs/Benefits
Starting an apprenticeship programme does require an initial investment of time and resources by an employer, but the long-term benefits are impressive.
|
|
Cost |
Benefit |
|
Salary |
Up to £210 per full time apprentice per week |
Less than non-apprentice employee |
|
Recruitment |
Time spentworking with EEF to identify skills gaps/apprenticeship opportunities |
Opportunity to fill skillsgap with trained, loyal future employees |
|
Training |
Apprentice work hours partially allocated for training |
Future employee who is fully trained in company-specific skills and standards |