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New research by the Learning and Skills Network has suggested that workers who complete apprenticeships earn more money, stay longer with employers, and are more likely to enter management in the future.
It found that staff who complete an apprenticeship earn an average of £23,400 per annum, nearly £4,000 more than the average earned by staff who had not completed an apprenticeship.
The research, entitled Career Paths for Former Apprentices, showed that 28 per cent of employees who completed an apprenticeship had moved into management positions and an additional 15 per cent into supervisory roles.
This compared with marginally reduced figures for staff who had not carried out an apprenticeship programme, with 25 per cent entering management roles and 11 per cent attaining supervisory positions.
There was a clearer difference between the two groups when broaching loyalty and time of service to a company.
Sixty per cent of former apprentices stay with their employers for five years or more, compared with only 46 per cent who did not serve an apprenticeship.
The Learning and Skills Council’s Stephen Gardner said: “Apprentices who complete their apprenticeship can go onto senior positions, earning a good wage.
“Employers who offer apprenticeships can create a highly skilled and loyal workforce, maximising productivity and saving on expensive recruitment.”
The research, entitled Career Paths for Former Apprentices, showed that 28 per cent of employees who completed an apprenticeship had moved into management positions and an additional 15 per cent into supervisory roles.
This compared with marginally reduced figures for staff who had not carried out an apprenticeship programme, with 25 per cent entering management roles and 11 per cent attaining supervisory positions.
There was a clearer difference between the two groups when broaching loyalty and time of service to a company.
Sixty per cent of former apprentices stay with their employers for five years or more, compared with only 46 per cent who did not serve an apprenticeship.
The Learning and Skills Council’s Stephen Gardner said: “Apprentices who complete their apprenticeship can go onto senior positions, earning a good wage.
“Employers who offer apprenticeships can create a highly skilled and loyal workforce, maximising productivity and saving on expensive recruitment.”