Business Case

If you’re looking to increase proficiency, productivity, and retention, Registered Apprenticeship may be the perfect solution to fit all of your needs. This flexible workforce development model can be tailored to the requirements of your business, providing hands-on experience and technical knowledge based on a curriculum which covers all of the essential elements in the desired occupation(s) of your organization.

The Benefits and Costs of Apprenticeships

As the experts in your field get closer to retirement age, there is a great need to prepare new individuals. Registered Apprenticeship allows these experts to pass their own knowledge and skills directly to the apprentice, creating a continual pipeline of qualified workers. Registered Apprenticeship saves both time and money. Apprentices are paid based on the level of skill they’ve attained; as they progress and learn more, their salary will increase accordingly. This promotes loyalty and inspires something to build up to, while developing respect for the company. The majority of apprentices that finish the first year of a Registered Apprenticeship program see the entire program through to the end.

You’ll be able to expand the number of workers in your workforce, with the most experienced individuals prepping the new employees on a mentor to apprentice, one-on-one basis, generating both successful learning and good safety practices. Costs can be saved by the effectiveness of a Registered Apprenticeship program: for every dollar spent, the employer gets an average of $1.47 back in increased productivity.