2017 has been a year of change for apprenticeships and training; the introduction of the apprenticeship levy had a mixed response initially, but now we have seen many employers starting to take advantage of the benefits that this change will bring. With such significant changes to the apprenticeship and training industry this year, we want to look ahead to next year and take a look at the upcoming trends that businesses are likely to see in 2018.
A rise in the uptake of apprenticeships because of apprenticeship levy
We expect that next year, more and more employers will begin to take advantage of the opportunities that the apprenticeship levy presents to their business. The funding available to businesses to fund staff training and bring on apprentices will subsequently allow a business to grow and thrive.
Uptake of apprenticeships in traditionally more degree focused areas
With recent research revealing a significant shortage of highly skilled workers, we can predict that more and more apprenticeships will emerge that cover subjects traditionally seen in degrees. Government data has revealed that 7% more females are now in STEM (science, technology, engineering and maths) roles thanks to apprenticeship schemes. Apprenticeships of this kind are likely to be used as a substantial step towards reducing this skills gap.
Although this is an issue that is gradually reducing, there is still a great deal of misconception that apprenticeships are only for younger people (aged 16-24). The team at Avidity, as well as many others within our industry, want to tackle this issue and highlight that those of any age can benefit from an apprenticeship scheme. As this misconception is tackled, we expect the uptake of apprenticeship schemes by individuals of all ages to rise.
Career change apprentices
As apprenticeships become more and more popular amongst all age ranges, an increase in the number of people taking part in schemes as a platform for a career change is also likely. Apprenticeship schemes are a fantastic alternative to degree courses, not only saving someone the costly expense of a university course, but also allowing them to continue earning whilst they work.
Upskilling & retraining
As many large businesses will already be paying into the apprenticeship levy, it makes sense for them to take advantage the funds available to them and utilise them for training and upskilling their existing staff. This will reduce the costs associated with recruiting for someone to fit the requirements of a role, whilst also providing a great staff incentive, and thus increasing staff retention rates.
Looking to utilise staff training and apprenticeships in 2018? Get in touch with Avidity today.