Rising to the Top - National Apprenticeship Week 2016
Have you got what it takes to rise to the top? That’s the question this year’s National Apprenticeship Week is asking, as the annual event returns for its 9th year from 14 to 18 March 2016.
Co-ordinated by the National Apprenticeship Service, the week celebrates apprenticeships and the positive impact they have on individuals, businesses and the wider economy.
We’ve been looking into some of the key figures for employers:
- According according to research published in June 2015, apprenticeships at Level 2 and Level 3 deliver £26 and £28 of economic benefits respectively for each pound of government investment.
- Apprenticeships boost productivity to businesses by on average £214 per week.
- From April 2016 employers will no longer have to pay employer National Insurance contributions for apprentices aged under 25, taking on an apprentice is not just about expanding your workforce and capacity, it makes sound financial sense too.
For the apprentices the future looks bright too:
- 90% of apprentices stay in employment after their apprenticeship ends (including 2% self-employed), with seven in ten (71%) staying with the same employer.
- In addition a quarter of former apprentices had been promoted (23%) within 12 months of finishing.
- The proof is in the pay too. On average, individuals with an advanced apprenticeship earn between £77,000 and £117,000 more over their lifetime than similar individuals with Level 2 qualifications.
Employers: You can pledge your support on the National Apprenticeship Week Pledge-o-meter. The Pledge-o-meter allows employers to pledge their apprenticeship vacancies and traineeship opportunities in the run up to, and during the week. You can include any roles you intend to advertise between now and 31 January 2017. Find out more here: http://naw.pledgeometer.net/
Everyone can get involved in National Apprenticeship Week events. Check out the online activities map to find out what is going on in your area: http://eventsmap.nas.apprenticeships.org.uk/
You can find out more about apprenticeships at: www.apprenticeships.gov.uk/