Benefits of Apprenticeships for Individuals
The National Apprenticeship Service (2013) argues that there are three main benefits for individuals that undertake an Apprenticeship:
A real Job
For many people Apprenticeships offer a practical solution to unemployment or a lack of work experience by giving individuals the opportunity to work for an employer – over 150,000 employers are offering Apprenticeships in more than 200,000 locations.
Earning a salary
Research by Union Learn (2011) indicates that across all UK industries, years and stages of an apprenticeship, 46% of apprentices earn salaries of between £10,001 and £15,000 with an average salary of £12,600.
Evidence suggests that as an apprentice’s skills develop their salary will rise so those with a Level 2 Apprenticeship will earn £68,000 more over a lifetime than those with a Level 2 qualification or below (National Apprenticeship Service, 2011).
Qualifications provide a future
Gaining a nationally recognised qualification can have significant benefits for an individual’s employment prospects – the National Apprenticeship Service (2013) reports that the majority of apprentices (85%) stay in employment after completing their Apprenticeships and a third (32%) of all former apprentices received a promotion within 12 months of finishing.