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How an apprentice can boost your business

4 December 2018

A group of young business people gather round a screen at a table

Financial services apprenticeships are a great way to boost your business. They offer people seeking careers in finance the opportunity to gain a professional qualification alongside real work experience. But how exactly does this benefit your business?

 

Skills, skills, skills!

Perhaps the most obvious benefit to your business is that apprentices by definition must gain a professional qualification. This in turn brings new skills directly into your business.

Also, everything your apprentice learns will be right up to date. They will come to work armed with the latest industry knowledge relatable to your business needs.  

 

A happy team is a productive team

Everybody likes to feel valued. By investing in a financial services apprenticeship, you are showing that you appreciate the ongoing professional development of your team. Whether you employ a new apprentice or hire from within, you actively demonstrate that you care about your business and the people who work there.

It’s perhaps unsurprising that 92% of employers who employ apprentices believe they lead to a more motivated and satisfied workforce.

As your apprentice gains new knowledge and develops new skills, they will become more and more enthusiastic about their job role. Plus, by valuing your team in this way, they are likely to show not only loyalty, but more pride in their work and become happier as a consequence.

The best part of all is that happiness is contagious! Even staff members who are not on the apprenticeship scheme are likely to benefit from a more productive environment and better skilled colleagues. Productivity levels increase, as does your bottom line. Before you know it, your whole business is boosted!

 

The financial incentive

So, you may be wondering, do financial services apprenticeships balance out in terms of cost? Well, you’ll be delighted to know that there is generous government funding available to help with the cost of apprenticeships. This funding means supporting people through a financial services apprenticeships makes even more sense.

Get in touch to find out more about financial services apprenticeships and how they could boost your business.

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