More and more young Britons are coming to realise that a university degree is no longer a prerequisite for professional success. In fact, numerous studies have demonstrated that this is clearly not the case. Apprenticeships have proved themselves an excellent route to career progression and the government wants to make them the norm for school leavers who decide against academic pursuits. The problem is that access to apprenticeship information leaves a lot to be desired so many youngsters may be missing out on a great opportunity. For those still unsure how an apprenticeship can benefit them, Not Going To Uni recently presented the most important statistics on the subject.
First of all, potential apprenticeship candidates can expect fully funded training if they are aged 16 to 18. They are also entitled to a minimum hourly pay rate of £2.68 and many employers offer higher wages. According to the Apprenticeship Pay Survey, apprentices get £212 net per week on average. Moreover, an apprenticeship will add an extra £100,000 to a person’s lifetime earnings.
There are about 250 different types of apprenticeships young Britons can choose from, mastering both the theoretical and practical aspects of their chosen profession through learning on the job. Successful completion of the training programme can even open the door to a university degree without the associated debt because employers typically cover those costs. And the chances of securing a job are excellent: up to 95% of apprentices remain employed by the company that recruited them for training. This is hardly surprising since 96% of enterprises report that apprenticeships boost their business.