Key Apprenticeships Facts For Individuals and Business
The latest key facts about apprenticeships:
Benefits to INDIVIDUALS:
- After finishing, the majority of apprentices (90%) stay in employment (including 2% self-employed), with seven in ten (71%) staying with the same employer.
- A quarter of former apprentices had been promoted (23%) within 12 months of finishing.
- 89% of apprentices are satisfied with their apprenticeship; 85% of apprentices said their ability to do the job had improved, and 83% of apprentices said their career prospects had improved.
- On average, individuals with an advanced apprenticeship earn between £77,000 and £117,000 more over their lifetime than similar individuals with Level 2 qualifications.
- Those completing a higher apprenticeship could see increased earnings of an estimated £150,000 over their lifetime.
- Nearly a fifth (19%) of advanced apprentices progress to higher education over time following their apprenticeship, either at a college or university
Read More about the Apprenticeships we offer.
Benefits to employers:
- Employers say that qualified apprentices are 15% more employable than those with other qualifications
- 89% of employers reported that apprenticeships helped their business improve the quality of their product or service
- Apprenticeships at Level 2 and Level 3 deliver £26 and £28 of economic benefits respectively for each pound of government investment
- 82% of employers say they are satisfied with the apprenticeship programme and 70% report that apprenticeships improved the quality of their product or service
- Apprenticeships boost productivity to businesses by on average £214 per week
- Apprenticeships enable businesses to grow their skills base resulting in increased profits, lower prices and better products
- Traineeships offer businesses an opportunity to build a pool of high quality future recruits for their sector
Read more about the apprentice training we offer.
Benefits to the economy:
- 2.4 million apprenticeships were started in England during the last government
- Apprenticeship participation now stands at record levels
- Apprenticeships are available in 1,500 job roles, covering more than 170 industries
- More than 1,300 employers are involved in designing the new apprenticeships standards