For Employers
Apprenticeships are widely known in construction and union-based trades; however, apprenticeships are NOT a union-only training model! Apprenticeships can be found across the nation in almost any sector of work. The U.S. Department of Commerce says, “The skilled trades that support our nation’s construction industry still represent the core of American apprenticeships, but many other industries, like healthcare and information technology (IT), are adopting apprenticeships to create a skilled workforce for jobs they cannot otherwise fill easily, if at all.”
Leveraging apprenticeships as part of the recruiting tools can speed up the time it takes for employers to hire employees and positively impact long-term retention. Apprenticeships can also allow employers to increase internal recruiting by providing a structured career pathway based on merit and documented achievement. Apprenticeship has 5 core pillars: W2 Employment of the Apprentice with Graduated Pay Based on Programmatic Skill Gains, On-the-Job Training (OJT), Related Technical Instruction (RTI), On-The-Job Mentoring, and Achieving a National Occupation Credential upon completion.
Many companies already offer their employees educational and skills development pathways, meaning your company could already be offering a program that would be eligible for apprenticeship tax credits if those programs were registered.
Contact us for a free 60-minute consultation. This is a no-pressure conversation about apprenticeship to discuss if this recruitment and retention strategy is a good fit for your business.
Benefits to the Employer
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Your employees will likely have increased productivity and reduced turnover
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Allows customized training that meets industry standards, tailored to the specific needs of your business
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Helps businesses become more competitive, reducing the cost of training and recruitment while increasing workplace safety and productivity
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Employers cite an average Return on Investment of $1.48 for every $1spent on apprenticeship (US Department of Labor, Employment and Training Administration. November 2021. Apprenticeship Whitepaper)
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Employers retain 92% of apprenticeship program completion (US Department of Labor, Employment and Training Administration. November 2021. Apprenticeship Whitepaper)
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Employee turnover can cost an average of 1.5 times the salary for the role, including both direct and indirect costs, according to Gomada HR statistics.
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Your company might receive state tax credits up to $2,500 per apprentice for up to 20 apprentices. This could save your company up to $50,000 per year.
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Communities with employers who implement apprenticeship programs see an average economic benefit of $28 per $1 invested. (The Next-Gen IMT Apprenticeship: A Return-on-Investment Study. Payne, Jonathan. Jobs for the Future. July 2020)
Build A Pro’s Individualized Services Include
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Each Appetence is assigned a Success Coach
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Craft Program & Registration Paperwork
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Secure Educational Partners
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Actively Recruit Apprentices
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Oversee Apprentices throughout the program
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Registration
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Program
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Education
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Credential Testing
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On-boarding
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Evaluate and connect apprentice with appropriate wraparound services
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Monitoring
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Apprentice Check in and Follow Ups
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Attendance
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Track On the Job Training (OJT)
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Track Related Technical Instruction (RTI)
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Reporting
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Regular State and Educational Reporting
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Regular reports back to Business Stakeholders
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Responsible for Audits
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State
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Federal
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Wraparound support Needs