Setting up for Skilling up: Apprenticeship FAQs

The apprenticeship levy is about to celebrate its first anniversary and National Apprenticeship Week is around the corner. We spoke to our own Head of Apprenticeships, (Jonathan Cresswell – JC), and our Partnership Development Officer for Apprenticeships (Korneel Verhaeghe – KV) at the University of Exeter to put together a 'How To' Guide on apprenticeships.

1. What are the benefits of apprenticeships for a company?

KV: The new apprenticeship levy system obviously provides a massive incentive for companies to recruit apprentices, but they stand to gain much more than simply recovering their apprenticeship levy. For example, I see a lot of companies using apprenticeships as a way of attracting talented, high potential school leavers to their organisation, who would otherwise spend the next few years solely at university.

JC: Apprenticeships are a great way to bring in fresh talent and provide professional development opportunities for our existing staff. This leads to up-skilling of our workforce, diversity, improved retention rates and contributes to organisational cost savings.