5 Benefits for Your Business When Taking on Apprentices

Apprenticeships are a great first step for young people looking to enter a trade. But did you know employing an apprentice can provide your business with plenty of benefits too?
From financial gains to increased staff loyalty, the benefits of employing an apprentice are well worth your time.

1. It’s a Cost-Effective Way to Increase Resources
Another set of hands can lighten the load for you and your senior staff, allowing you to focus on the important tasks while they tackle those small tasks that seem to keep piling up.
And because the wages of apprentices are less than those of qualified employees, employing an apprentice is a cost-effective way of increasing your staff resources.

2. You Can Train Them Your Way
Imagine having a team that’s fully trained to your business-specific standards. Well, that’s exactly what you get with an apprentice.
One of the best benefits of employing an apprentice is the ability to have control over how they’re trained, and give them the specific skills required for your business.

3. It Increases Loyalty
Providing them the opportunity to increase their skills and qualifications for gainful employment makes your apprentice feel valued. When you’ve invested time and money into your apprentice’s training, they’ll likely stick around once it’s completed.

4. It Keeps Your Business Up to Date
Teaching your apprentice new legislation, regulations, and technologies can also help improve the skills of your existing team members. Employees can pass on skills to colleagues and keep your entire staff and business up to date and ahead of the competition.

5. You May Be Eligible for Government Funding
Employing an apprentice may make you eligible for financial incentives from the Australian and state governments. The government provides financial incentives for training staff and for employing apprentices, such as payroll tax rebates.

If you’re considering taking on an apprentice, Major Training can partner with you in an investment worth making. Learn more about our funded training, or get in touch to chat about your options today.