Benefits of training
How you can benefit from training your staff
What are the benefits of training?Training employees is an essential activity for all companies, it provides employees with the key knowledge and skills that they need to perform their job. Training increases staff motivation and retention, and can help your company achieve optimum efficiency.
What are the benefits of an Apprentice?
Apprenticeships can help businesses by offering a route to harness fresh new talent. Your Apprentice is with you because they want to be - they made the decision to pursue this particular career path and are therefore more likely to be enthusiastic, motivated and loyal to your company.
Earlier research, conducted by Populus on behalf of the Skills Funding Agency during the first National Apprenticeship Week revealed:
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77% of employers believe Apprenticeships make them more competitive
- 76% say that Apprenticeships provide higher overall productivity
- 80% feel that Apprenticeships reduce staff turnover
- 83% of employers rely on their Apprenticeship programmes to provide the skilled workers that they need for the future
- Two-thirds of respondents believe that their Apprenticeship programme helps them fill vacancies more quickly, whilst
- 88% believe that Apprenticeships lead to a more motivated and satisfied workforce
- 59% report that training Apprentices is more cost-effective than hiring skilled staff, with 59% believing that Apprenticeships lead to lower overall training costs and 53% feeling that they reduce recruitment costs
- 57% report a high proportion of their Apprentices going on to management positions within the company
- Over three-quarters of respondents expect Apprenticeships to play a bigger part in their recruitment policy in the future
