Employers should consider the benefits that apprenticeships can bring to their business after new figures revealed that a record number of young people have signed up to the initiative.
Statistics from the Skills Funding Agency show that nearly 860,000 young people were taking part in an apprenticeship in 2012/13 – almost 370,000 more than three years ago. Overall, more than 1.5 million people have signed up for an apprenticeship since 2010.
Furthermore, Prime Minister David Cameron has also unveiled plans to introduce new ‘tougher’ apprenticeships which would be graded according to ability and better shaped around the needs of employers in specific sectors, such as aerospace, financial services, food and drink, and life and industrial sciences.
Many employers recognise the value of taking on apprentices who can learn the valuable skills they need for the job as they work, which, in turn, can provide a real boost for the economy.
These latest figures show that apprenticeships are more popular than ever, so any employers who are considering offering apprenticeships but have not yet done so should seek professional guidance from a business adviser to find out more about the benefits.
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