Skill shortages, recruitment costs and high turnover rates make recruitment a complex landscape to navigate going into 2025.
On average, it costs approximately £4,500 just to fill a vacancy, using internal or external recruitment methods – ignoring additional salary and training costs.
Why apprenticeships are the answer
Apprenticeships are proving to be an innovative and practical solution for tackling the challenges of talent acquisition and retention.
Here’s why:
- They’re cost-effective: Hiring and onboarding skilled talent can be costly. Apprenticeships allow you to train individuals based on the specific needs of your business whilst also reducing the initial recruitment and salary costs. There are also, in some cases, generous incentives for businesses that employ apprentices.
Did you know on average in the UK, the estimated yearly gain for employers is between £2,500 and £18,000 per apprentice during their training period.
- You can acquire fresh perspectives: Apprentices are highly motivated to learn and grow, which is why they choose this career path. Their enthusiasm and adaptability can inspire and energise your existing team.
- Alignment with modern workforce needs: Today’s workforce values opportunities for skill development and career progression. Apprenticeships offer a structured pathway, ensuring mutual growth for both you and your apprentice.
- Employee retention: Apprenticeship programmes create a strong sense of loyalty. Employees who grow and evolve within an organisation are more likely to stay long-term, reducing your turnover rates.
Did you know according to GOV.UK 92% of companies that have taken on apprentices believe this leads to a more motivated and satisfied workforce.
How we can support you to integrate apprentices into your recruitment strategy
As an apprenticeship recruiter and training provider, we specialise in helping businesses, like yours, seamlessly incorporate apprenticeship programmes into their talent strategies. Here’s how we can support you:- Sourcing the right candidate – We’ll align the requirements of your job role to one of our apprenticeship curriculums. This will enable effective application of skills to match your business needs, company culture and job requirements. From here our quality-driven recruitment team will source suitable candidates who have the potential to grow within your company. All candidates are thoroughly screened, pre-interview, to ensure their suitability.
- Leverage government funding – With our expertise, we can guide you through funding options, including the apprenticeship levy, to ensure your investment is both impactful and cost-effective.
- Customised training – Our bespoke training plans are aligned with your company goals and industry standards, ensuring your apprentice acquires the skills and knowledge that can make a difference from day one.
