THE RETAIL BULLETIN - The home of retail news
Lest we forget
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
Interviews
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Retail firms to take on more apprentices

New research released to mark the start of National Apprenticeship Week has shown that half of England’s retail and consumer products and services companies are planning to take on apprentices in the next five years.

GENERAL MERCHANDISE

Retail firms to take on more apprentices

New research released to mark the start of National Apprenticeship Week has shown that half of England’s retail and consumer products and services companies are planning to take on apprentices in the next five years.

Moreover, 27% of the businesses said they intend to hire an apprentice in the next 12 months.

The study of 600 businesses revealed that across all industries 44% of employers plan to take on apprentices in the next five years. It also shows that one fifth of SMEs plan to take on one or more apprentices in the next 12 months alone, with 37% of larger businesses planning to do the same.

Of those that are planning to hire apprentices, many said that would do so because the talent pool had widened as apprenticeships become more popular, because it had become easier to employ apprentices and because they had more job roles in their business that would suit an apprentice. Overall, 41% of employers agreed that apprentices stay in the business longer than other recruits.

The poll also found that 43% of all employers and 48% of retail and consumer products and services firms said they would be more likely to employ an apprentice now than they were two years ago.

Ahead of a visit to BT, which recently announced that they would take on 730 more apprentices over the next year, Secretary of State for Business, Innovation and Skills Vince Cable said: “As we kick off National Apprenticeship Week it’s good to see that employers are increasingly recognising the value apprentices can bring to their businesses. Apprentices are now a key and valued part of the workforce for most businesses large or small – and the huge increase which this Government has overseen is one of my proudest achievements.

“Given the grants available to help small businesses take on apprentices, it’s especially good that so many SMEs are embracing apprenticeships in the coming years and that apprentice recruitment now forms a key part of a businesses’ plans for sustainable growth.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

The Retail Design Seminar 2018
The Retail Design Seminar 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Seminar 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
AI in Retail Conference 2019
AI in Retail Conference 2019
18 September 2019
Cavendish Conference Center, 22 Duchess Mews, London W1G 9DT
Retail marketing is changing pace rapidly by making communication across all platforms personalised, relevant, efficient, and helpful. AI not only helps shoppers find a perfect product but also pre-empts the shopping behaviour and speeds up payment.
The HR Summit 2019
The HR Summit 2019
Tuesday 8 October 2019
The Cavendish Conference Centre, London W1
The 11th HR Summit 2019, The Cavendish Conference Centre, London W1, 8 October 2019
Fix The Dinosaur Roundtable 2018
Fix The Dinosaur Roundtable 2018
19 October 2018
The Euston Suite, The Hallam, 44 Hallam St, London W1W 6JJ
A Masterclass in IBMi Legacy Issues