Apprenticeship in Training & Development

Defining Apprenticeship

An apprenticeship is a structured training program where an individual is employed to learn a job through a blend of practical experience on the job and formal, often educational, training.

Costs of Apprenticeships

• Supervision Requirements: Apprentices require close supervision and mentoring from experienced staff, which can divert these staff members from their regular tasks.
• Risk of Errors: As apprentices are learners, there's a risk they may make mistakes that could impact operations or the business's reputation.
• Wages During Training: Apprentices are typically paid a lower wage than fully trained employees, but this is still a cost to the business during the training period.
• Job Security Post-Apprenticeship: There is no obligation for a company to offer permanent employment once the apprenticeship ends, which can affect long-term workforce planning.

Benefits of Apprenticeships

• Gaining Professional Qualifications: Apprentices earn recognised qualifications that certify their skills and knowledge, enhancing their professional development.
• Custom-Tailored Training: The training provided is often specifically designed to meet the needs of the business, ensuring relevance and applicability.
• Cost-Effectiveness: Training apprentices can be less expensive than hiring skilled staff because much of the learning is accomplished through actual work.
• Meeting Specific Skill Needs: Apprenticeships allow firms to develop a workforce with skills that are tailored exactly to their requirements.

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Apprenticeship

Business Management

Real-World Example

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