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Vocational Training – The Benefits To Your Business

Vocational training is arguably the most cost effective sector training programme available!
Did you know that more than £1bn in apprenticeship funding available through the apprenticeship levy has not been used! But time is running out for employers to spend it.
And it’s not just the cost saving that makes vocational training attractive.  There are lots of additional benefits to your business.  With many people looking for apprenticeship opportunities, there’s never been a better time to upskill your teams.

But why introduce vocational training?  What are the benefits?

Increased productivity

Make current team more productive and efficient.  Vocational training programs combine practical skills and knowledge. So, throughout the training, you’ll have an additional pair of hands.  This may start off with very simple, basic tasks, but that means that your current team can then focus their efforts in other areas.  As each training course is tailored to each workplace and job role, you’ll have someone on your team that is always increasing their skills. Therefore, a trainee will be able to become more effective and productive with each month.

Apprentice

Improved Talent Attraction

At the core of vocational training is an NVQ Diploma.  And this doesn’t just mean that you get someone trained in a range of comprehensive skills suitable for your business.  Although that’s great in itself!  By offering recognised qualifications, you will be able to attract future trainees and start to build a high quality workforce. There’s an additional benefit to upskilling your workforce with the provision of a tangible and recognised qualification.  It can be at the core of a PDP and be an attraction tool for future prospective candidates.

 

Vocational Training Results In Reduced Attrition Rates

We all know that sometimes a new member of your team can end up being with you for a relatively short time.  For many reasons, people move on. Albeit far too quickly sometimes.  This isn’t only disruptive for your team, but there’s also the additional impact of having to re-train someone new. Each training programme lasts between 12 and 18 months and this helps to increase retention.  Those who undertake these courses are committed and this will increase retention of staff, especially in a workforce which may otherwise be regarded as ‘transient’.  And, with continuity of staff, you will increase productivity too!

With all of the unknowns surrounding us with Brexit; vocational training courses are not only improving knowledge and production outputs but also making a real positive impact improving attrition at many of our sites.  One of our clients boasts an 8% improvement in retention in Q3 & Q4 of 2019 due to vocational training!

Get in touch

If you would like to discuss how a vocational training works, or to find out about the fantastic cost savings – get in touch.  We have helped lots of local companies increase their retention, productivity and efficiency.  Find out more today.

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