Apprentices are good for your business says FMB
The Federation of Master Builders (FMB) recently published a research article in which they stated that consumers prefer to hire firms that train apprentices, the new FMB research shows that 50% of households are more likely to hire builders who employ apprentices.
Brian Berry, Chief Executive of the Federation of Master Builders (FMB), said: “This new research confirms what many of us already knew – apprentices are good for your business. The building industry is extremely competitive and these results suggest that training an apprentice will help a firm stand out from the crowd. Home owners aren’t just concerned about the craftsmanship of their builder, they want to know they are hiring a firm with strong values. It therefore makes sense that a business that invests in young people is seen in a better light. If the burgeoning skills crisis in the construction industry wasn’t enough to motivate those firms not already training to start doing so, hopefully this evidence will do the trick. It’s helpful to know that apprenticeship training can not only provide rewarding career opportunities for young people, but it can also help a firm’s bottom line.
“Next month will see the introduction of the Government’s new Apprenticeship Levy on large firms, so this year could see a big shift in terms of who is directly involved in apprenticeship training. In construction, two-thirds of all apprentices are trained by SMEs and it is our hope that the new Levy will encourage the larger firms to also engage more readily in training the future workforce. What’s great about this research is that it demonstrates the positive image that a real focus on quality training can bring to a company from a commercial perspective – no doubt this applies across the business community and not just in the construction sector.”
Read the FMB research article in full click here.
You May Also Enjoy
Buying a Home? What you need to know about asbestos
Hodge Bank introduces 80% LTV on Interest Only Mortgages, helping borrowers maximise their affordability
The end of the ‘Forever Home’? 63 per cent of young homeowners prioritise flexibility and renovation potential over permanence
Ignoring these simple winter property maintenance tasks could cost you big time
Half of first-time buyers delaying until after the Budget