10 Reasons Your Company Should Consider Apprenticeship
- Apprenticeship programs enable companies to improve their existing workforce by improving the skills of their employees if they participate in apprenticeship programs as incumbents.
- Apprentices can fill necessary positions while completing apprenticeship.
- Apprenticeship programs create lower worker turnover due to the fostering of greater worker loyalty and productivity.
- Apprentices that complete the program have higher productivity rates relative to similarly tenured employees.
- Apprentices have greater problem-solving ability and adaptability following program completion.
- The delivery of a consistent, structured training approach results in a decrease in errors and improved on time delivery.
- Training apprentices can help a company accommodate an aging workforce and capture critical knowledge and experiences prior to their retirement.
- For every dollar spent on apprenticeship, the employer sees a return on investment of $1.47 in increased productivity, reduced waste, and greater front-line innovation.
- On-the-job training is customizable to meet your company’s needs, ensuring that apprentices are proficient in the positions they will fill.
- Lower recruiting costs if hiring graduates from a quality pre-apprenticeship training partner vetted by WIA.
To learn more how apprenticeship may be a viable workforce development strategy for your organization, please contact Deb Bennett, Director of Apprenticeship at Deb.Bennett@wia.org