According to the Washington Post, “a rising share of business are complaining about finding few or no qualified applicants for jobs they’d tried to fill recently….The percentage of businesses naming ‘quality of labor’ as their single most important problem has also been trending upward.”
Apprenticeship Institute was created to assist business in meeting their staffing goals and drastically simplifying the process for employers interested in participating in US Department of Labor Registered Apprenticeships.
No longer must employers struggle to navigate the complicated waters of the Department of Labor process to take advantage of the benefits apprenticeships provide in improving the quality of their workforce – and ultimately – improving their businesses’ bottom line. The Institute’s revolutionary system walks employers through every step. We remove the burden of locating candidates, filing multiple documents with the Department of Labor, waiting for approval, locating a training facility and managing required data collection and reporting.
What’s in it for me and my company?
- a cost-effective source of qualified employee candidates – saving time and recruitment expenses
- a proven process for generating the highly-skilled employees necessary for growing the revenue of your business
- power over business expansion with the added confidence that your company workforce can deliver high-quality work
What will putting an employee through an apprenticeship program cost my company?
Skilled staff recruitment, orientation and retention have always been an investment by the employer which pays off in business growth and expansion. Fees for participating in an Apprenticeship Institute apprenticeship depend largely upon your industry and the program you choose for your employee. Programs vary in length and complexity and pricing reflects these variables.
…found that apprenticeship was essential to a major expansion and re-organization of its provision of medical services….
The program nearly paid for itself within the first year and had an internal rate of return of at least 40 percent.
In addition, reducing the long-term use of overtime helped relieve staff burnout and turnover. Analysis also showed that the quality of care was at least as high after the … apprentices were introduced.
Siemens USA obtains at least a 50 percent rate of return on its apprenticeship program, compared to hiring machinists off the street. Most of the gains stem from the way that apprenticeship allows Siemens to more flexibly fill its capacity in Charlotte, North Carolina. The plant makes generators for electric utilities and seeks work repairing generators when it has capacity left over from making new products. Because apprentice graduates have a strong grasp of the principles of their work, they are particularly well suited for tasks like repair work, which involve more judgment than standard projects.
Apprentice graduates’ flexibility helps the plant make full use of its capacity. We find that this ability to perform a variety of tasks is enormously valuable. In fact, one year of this additional capacity is worth an amount similar to the cost of a worker’s apprenticeship program.
Apprentices also were more likely to finish their work on time and were slightly more productive than machinists hired off the street. *
How does it work?
Registered apprenticeships are approved by and run according to the standards of the Department of Labor. Normally, employers must first complete a complicated application to declare the ‘standards’ for the apprenticeship program they want to run. IF the apprenticeship is approved, employers must then locate appropriate training facilities, enroll their employees, and track detailed metrics for the duration of the apprenticeship.
The Apprenticeship Institute removes these burdens by acting as the intermediary between you and the Department of Labor.
- help you locate well qualified employee candidates
- apply for and hold all necessary standards with the Department of Labor
- enroll your employees in our training program
- track all necessary Department of Labor metrics
- keep you apprised of student progress
- troubleshoot and problem solve all aspects of the registered apprenticeship program so you can concentrate on running your business.
Will employees need to take time off to do their ‘school work?’
Employees work full-time and do their related technical instruction in the evenings, on weekends and / or during seasonal lay-offs depending on the career.
What’s to prevent an employee apprentice from leaving before they’ve finished their program or right after completion?
Apprenticeships build relationships between employees and employers. Employers invest in the apprentice, cultivating increased employee loyalty. Typically, employee retention is better for apprentices, however, some employers choose to draft and sign a letter of intent outlining expectations of both parties.
Do you offer programs that would benefit my business?
The Apprenticeship Institute is regularly adding new options. Please contact us to learn more.
I’m interested, what’s the next step?
Contact the Apprenticeship Institute today to learn more and get started.