The objective of Employing an Apprentice is to bring businesses to candidates who are looking to partake in technical education, with an emphasis on young people.
Employing an Apprentice is a tailored guide for your business to tap into the UK economy’s potential through the ever-expanding and ever-improving technical education, including apprenticeships. We have compiled everything from information on the benefits of employing an apprentice to a step-by-step guide for complex schemes such as the Apprenticeship Levy. At Employing an Apprentice, we are not looking to undercut your business, but help it grow.
We realised such a site was essential after seeing the potentially devastating impact of coronavirus on young people. The impact of COVID-19 has hit those under 25 years old more than any other age group, being two and a half times more likely to work in a sector that was shut down. According to the BITC, the youth unemployment rate could reach 27% by the end of the year. With more than 7 million 16-24-year-olds in the UK, this could lead to a lost generation who will feel the impact on their career prospects and mental health for decades to come.
By looking at alternative employment, specifically the role of technical education, we can fix the bottom rung of the employment ladder, which is failing to give a step up to those without higher education.
According to the PWC, the UK is lagging behind other countries such as Germany, with a difference of over £40 billion in untapped potential due to the failings of our traditional employment channels. With three-quarters of employers saying that recruiting an apprentice improved their products or service quality, the rewards could be massive.
Better yet, the risk is lower than ever. Every month the government seems to propose a new scheme to encourage businesses to get involved in technical education, including a large array of funding opportunities. With the government covering almost all of the additional costs, it is one of the most cost-effective ways of recruiting new staff. Alongside this the difference in staff retention is phenomenal: 91% of apprentices stay in the job role upon completion of the apprenticeship!
Whilst the risk for businesses is lower than ever, the risk for young people could not be higher. For those who have GCSEs or equivalents, the Resolution Foundation has calculated that the employment rate could drop to lower than 40% in 5 years’ time.
We are dedicated to making sure that this doesn’t happen, and we know there is a multitude of UK businesses that feel the same way. That’s why we want to help these businesses in any way possible to make sure they profit from the good they are doing to the economy.
It is not just us who recognise the social good that recruiting an apprentice will do: 25% of consumers have stated they are willing to pay more for a product or service from a company that hires apprentices. By working with us, you can revolutionise your workforce, help save the UK economy and, even in these difficult times, take your business to new levels and reach your future potential.
Given that the government continues to recognise technical education as being a critical component to fixing youth unemployment and the crisis in the economy, registering with Employing an Apprentice is imperative to ensuring that you stay up to date for any and all government schemes and funding which become available.