Did you know that 1 in 5 employers are hiring apprentices?
Apprentice schemes are quickly becoming the favorable option to further education and also becoming a favorable recruiting option for employers seeking dependable staff. 76% of companies who employ apprentices agree they make their workplace more productive; apprentices are boosting productivity by bringing fresh ideas and a modern perspective to their businesses. If you are on the fence about hiring an apprentice, allow us to enlighten you on how beneficial an apprentice can be!
Around 92% of employers who employ apprentices believe apprenticeships help achieve a more motivated and satisfied workforce and hiring an apprentice will help you tailor the employee you need! Apprenticeship schemes provide full training as well as on the job tutoring. Candidates learn the skills needed to excel in your business and prepare themselves for future prospects within the business. 57% of employers report that a high fraction of their apprentices progress on to management positions within their company. That’s impressive!
The AGE 16 to 24 grant for employers aims to support businesses, who would not otherwise be in a position to do so, to recruit individuals aged 16 to 24 into employment though the apprenticeship programme.
The Skills Funding Agency will provide AGE 16 to 24 to eligible employers, in respect of qualifying apprentices, with an individual value of £1,500.
AGE 16 to 24 is for employers with less than 50 employees, who are new to apprenticeships or haven’t enrolled a new recruit or existing employee onto an Apprenticeship programme in the previous 12 months. Employers can be paid up to 5 grants in total.
The grant will be available, subject to availability up until December 2015.