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.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

New analysis shows majority of estate agents complete HMRC AML registration

Just 5% of branches still need to register More than 24,000 UK estate agency branches have registered with HMRC for money laundering supervision – an increase of around 2,300 branches in just over a year, according to new analysis from client due diligence platform Thirdfort. Some 24,003 estate agent branches across the UK have registered…
Read More
Breaking News

Gen Z could wait until 2044 to buy a home

Getting on the property ladder has never been tougher, and, for Gen Z, it could take up to 18 years to save a deposit in the UK’s least affordable cities, according to new research from Beswicks Legal, comparing 40 urban centres. The figures reveal that in places like Cambridge and London, Gen Z buyers may…
Read More
Breaking News

Pressure on landlords takes shine off BTL rate cuts

Buy-to-let fixed rates dipped to their lowest points since September 2022, and choice rose to a record high, according to Moneyfactscompare.co.uk. However, landlords are facing financial challenges, and rumours of more tax reforms in the Budget could hit investors hard. •    Average buy-to-let fixed rates over two- or five-year have dipped to their lowest…
Read More
Letting Agent Talk

Three steps to pet-proof your property ahead of new pet laws

Landlords across the UK are set for one of the biggest shifts in rental regulation in years as the Renters’ Rights Bill edges closer to becoming law. While the bill aims to give tenants a greater right to keep a pet, a new analysis highlights the stark reality of demand versus supply: with a dog…
Read More
Estate Agent Talk

Budget-Friendly Ways to Boost Property Appeal

Upgrading a property’s appearance doesn’t always require a hefty budget. One of the most impactful yet affordable changes involves refreshing tired flooring, an element that potential buyers and tenants notice immediately upon entering a property. Carpet remnants have become a smart solution for cost-conscious property owners looking to make meaningful improvements, as they offer the…
Read More
Breaking News

Naked tenants, basement brothels and maggot rain

When a company specialises in 24/7 property management support, it’s got to be ready to handle pretty much anything, as can be attested to by Adiuvo, whose managers have, on more than one occasion, received tenant requests that have caused them to pause and say, wait, what? Adiuvo has now pulled back the curtain on…
Read More