Apprentice numbers to rise by more than 50 per cent in the next five years
Apprenticeships in the UK are set to rise by more than 50 per cent to 800,000 in the next five years, according to management company Alexander Mann Solutions.
According to the talent acquisition specialist, becoming an apprentice is proving an increasingly popular choice as employers realise the benefits of recruiting apprentices and seek a broader mix of candidates.
The number of apprenticeships grew by 14 per cent from 2011 to 2012 - numbering 520,600 - with nearly 75 per cent of apprentices now completing their apprenticeships successfully, compared to just 50 per cent in 2006. The sectors currently attracting the most apprentices are business administration and retail.
"There are many bright young people actively opting for apprenticeships over university degrees, and job opportunities for apprentices are growing as employers understand the value they deliver," says Tim Campbell, head of client services, emerging talent, Alexander Mann Solutions.
"It's a win win situation - employers benefit from a team of motivated new employees who are keen to learn the ropes, while apprentices become more confident by learning practical workplace skills."
Interestingly, more than 50 per cent of all apprenticeships are in business administration or retail, followed by healthcare and public services, engineering and manufacturing and construction. London has seen the biggest growth in apprentices (132 per cent), with the North East coming in second (107 per cent), while the South West has seen the smallest increase (60 per cent).
Campbell, who is building Alexander Mann Solutions' apprenticeship proposition, is an apprenticeship ambassador for the Mayor of London. Campbell himself was the first winner of the BBC TV Show 'The Apprentice'.
"Some 80 per cent of workplaces employing apprentices agree that they make the workplace more productive.
"Making the most of the growing numbers of successful apprentices means getting to the heart of their values and skills, and introducing a rigorous talent management process to find and keep the best people," he concluded.