Benefits for employers and learners
Benefits for employers
Apprenticeships bring a number of tangible benefits to organisations such as:
- They can create skilled and motivated employees.
- And can help to address skill shortages across the workforce.
- Can bring new ideas to an organisation.
- Training apprentices can be more cost effective than hiring skilled staff and can reduce overall training and recruitment costs
- Apprentices tend to be loyal to the organisations that invest in them, improving staff retention rates.
Benefits for the learner
- 92% of those who completed apprenticeships said their career prospects had improved as a result.
- Apprentices are employed and earn a wage throughout their programme.
- Working and academic study time is split between a training organisation, local college or university and the workplace.
- Financial differences for learners are clear; there are no training fees or student loans to pay back including those for Degree Apprenticeships.
- Apprentices graduate with years of work experience as well as theoretical knowledge. They also get to work closely with and learn from colleagues.
At Torbay and South Devon NHS Foundation Trust we pay above the national minimum wage for new Apprentices. Presently a new Apprentice is paid:
Apprentice salary from 1 April 2018 – 31 March 2019
First 12 months
Salary for all new apprentice staff
Salary per hour