Graduate schemes have been popular for university leavers for years and due to changes in the legal requirements on education in early 2017, apprenticeships are also becoming a popular choice amongst school leavers looking for that step into employment. However, statistics show that in 2016/2017, 46% of newly started apprentices were aged 25 and over. This demonstrates that apprenticeships benefit not only those coming out of education but also those looking to begin a new career or gain additional skills.
With the UK’s financial recovery creating a candidate led market, organisations are finding it harder to attract the best talent with more competition than ever. This is why many are implementing and promoting graduate and apprenticeship schemes to “grow their own talent”.
These programmes are the perfect way to develop a workforce that is able to align itself and understand the company values, aims and goals, teaching them the skills they need to become productive more quickly.
Added benefits are the opportunity to implement internal training and development for existing employees. Investing in your team to ensure continued growth and development which will in turn provide you with a happier and committed team.
If you are looking to implement a scheme within your business, the CIPD are hosting an event next year, more information can be found here.
(2016/17 apprenticeship statistics sourced from https://bit.ly/2J2UXeo)