The benefits of hiring apprentices for your business growth

21/02/2024

Morrisons partners up with Supplytrain

Are you looking for a way to grow your business in 2024? Do you want to invest in your future workforce and gain a competitive edge? If so, you might want to consider hiring apprentices for your company.

Apprentices are employees who combine on-the-job training with formal education, usually leading to a nationally recognised qualification. They can bring fresh ideas, new skills and enthusiasm to your business, while you provide them with valuable experience and mentoring.

Hiring apprentices can benefit your business in many ways, such as:

1. Reducing your recruitment costs and increasing your retention rates

Apprentices are more likely to stay loyal to your company, as they appreciate the opportunity and support you offer them. You can also save money on advertising and hiring fees, as you can recruit from a pool of motivated candidates who are eager to learn and work.

2. Improving your productivity and performance

Apprentices can help you fill skills gaps, improve the quality of your products or services, and increase your innovation and creativity. They can also boost your reputation and customer satisfaction, as they demonstrate your commitment to social responsibility and diversity.

3. Enhancing your training and development culture

Apprentices can inspire other employees to learn new skills, update their knowledge and pursue their career goals. They can also foster a positive and collaborative work environment, where everyone supports each other and shares best practices.

4. Accessing government funding and incentives

Depending on where you are based, you may be eligible for various grants, subsidies, or tax breaks when you hire apprentices. If your apprentice is under 25 years old and is on an approved UK government apprenticeship standard or framework, you may not have to pay any Class 1 National Insurance contributions for them up to a certain amount . That means you can save some money while giving someone a chance to learn new skills.

As you can see, hiring apprentices can be a smart move for your business growth in 2024. But how do you get started?

The first step is to identify your business needs and goals so you can then provide us with your vacancy details, once we have this, we can then find you great candidates to interview. We’ll also find a suitable training provider to deliver the off-the-job-training. Plus, we have excellent relationships with large employers, who will transfer £1,000s to cover the costs of the apprenticeship training!

The next step is choosing a candidate. After this has happened, we’ll employ them during their apprenticeship, taking care of legalities, disciplinaries and any queries you have along the way. We are not-for-profit, so just charge a small weekly fee to cover the cost of payroll, timesheet processes, HR support and insurance.

The final step is we will ask you to initially commit to offering work to an apprentice for just six months. If you can keep someone longer – great, we’ll extend the placement or transfer employment to you. If you can’t keep someone longer than six months, it’s up to us to find them a new placement to continue their apprenticeship. 

Hiring apprentices can be a rewarding experience for both you and them. You can help them develop their skills and confidence, while they help you grow your business and achieve your objectives.

If you are interested in hiring apprentices for your business growth in 2024, head over to Apprenticeship Agency – Supplytrain CIC. Similar to temp-to-perm recruitment, Supplytrain has specialist approval from Government to act as a Flexi-Job Apprenticeship Agency (FJAA), supplying, employing and managing apprentices on behalf of other businesses. You can Submit your interest to talk to our team and we’ll discuss whether flexi-apprenticeships are the right approach for you.

 

What next?

Contact us if you are interested in an apprenticeship for intial advice and guidance.

Chamber talent