Are you looking for new ways to attract and retain the most highly-skilled employees available? Traditionally popular in Europe and Asia, a growing number of domestic employers are turning to apprenticeships to ensure their staffing needs are met. According to a recent article in U.S. News, this trend will only continue to grow, much in part to the $100 million in grant opportunities recently offered by the U.S. Department of Labor to fund registered apprenticeships.
When deciding whether apprenticeships are a good idea for your company, consider the following benefits:
Apprenticeships provide a pool of qualified, skilled workers that are tailored exactly for your company’s needs. As more and more baby boomers are heading toward retirement, it’s important that your company has trained workers already in place to counter turnover.
Help reduce payroll expenses.
Apprenticeships can save your company money because you aren’t overpaying workers who have more knowledge or skills than necessary. When you train an employee for a specific job, your company isn’t forced to turn to overqualified workers who require a higher wage.
Give your company a leg up on the competition.
Apprentices are often young individuals with new ideas that can give your company a fresh perspective and, in turn, a competitive advantage.
Get a return on your investment.
When your company invests in an employee, that person is more likely to develop a strong loyalty to your organization and remain on the workforce for a longer period of time.
The concept of apprenticeships can be applied to almost any industry.
While many on-the-job, paid training programs are found in skilled industries, they can also be highly effective in retail, business administration and service sector occupations.
Do you think an apprenticeship program could help take your recruiting to the next level? Your business can rely on AtWork Group, a leading staffing franchise, and our experienced staffing industry professionals to help guide you through every step of the process.