Apprenticeship: Good Business Sense
Offering apprenticeship training is an easier and cost-effective way of attracting new staff and an effective way to train your existing staff. The positive impact of apprenticeship on staff morale, staff retention and productivity is noticeable in the bottom line. Over a period of time, the benefits of apprenticeship training far outweigh the costs.
Benefits include:
- Improved productivity. Apprentices become highly trained professionals. Their knowledge, skills and “hands-on” experience contribute significantly to the overall productivity of your organization.
- Reduced turnover and increased employee loyalty. Investing in apprenticeship training motivates your workforce and increases employee loyalty.
- Increased competitiveness. Participating in apprenticeship training lets your business acquire specialist skills. You learn about new technology to stay competitive.
A 2006 study by the Canadian Apprentice Forum indicates the returns on investment for apprenticeship training are realized much more quickly then employers expect. They found that for every dollar invested in apprenticeship training, the employer saw an average benefit of $1.38.
Download the brochure to get websites, links and information on how to apply for tax credits, apprenticeship registration, costs and benefits and more.
