Skilled trades employers today face difficult challenges, like talent shortages and skills gaps, which can limit businesses’ ability to grow and prosper. Although they have been available for more than 75 years, Federally-Registered Apprenticeship programs are a solution many overlook. These programs provide a proven solution for recruiting, training and retaining workers in the skilled trades.
What are Registered Apprenticeship Programs?
A Federally-Registered Apprenticeship is an arrangement that includes a paid-work component and an educational or instructional component to provide workplace-relevant knowledge and skills. They are high-quality work-based learning and post-secondary earn-and-learn models that meet national standards for registration with the U.S. Department of Labor. These apprenticeship programs are available for many different professions.
The length of the apprenticeship may vary depending on the employer, the occupation or the type of program. They typically range anywhere from one to six years. During that time, an apprentice will typically receive 2,000 hours of on-the-job training and a recommended minimum of 144 hours of related classroom instruction.
If you partner with the government’s Registered Apprenticeship you will access a nationwide network of expertise, customer service and support, which will help you create business solutions that will help you achieve the type of workforce results you desire.
The Benefits of Apprenticeships
1) Develops a highly-skilled workforce
If you own a skilled trades business, it’s likely you have had difficulty with finding available, experienced workers. Apprenticeship programs aim to help fill that gap through structured on-the-job training of young or inexperienced laborers.
2) Creates training solutions
An apprenticeship program will standardize your training so that all workers are instructed in a similar manner. This will enable you to improve safety that may cut Workers’ Compensation insurance costs.
3) Improves productivity and profitability
By investing in your workforce’s future, your company will gain a competitive advantage in return. A skilled workforce tends to produce better work more efficiently.
4) Reduces turnover and increases employee retention
Apprentices who graduate though the program to become journeyworkers are more likely to hold a steady job. According to the Department of Labor, 91 percent of apprentices that complete an apprenticeship are still employed nine months later.
5) Provides tax credits in participating states
In many states, businesses may qualify for tax credits related to apprenticeship programs. Additionally, employers may be able to claim some expenses for training as a federal tax credit.
For more information about Registered Apprenticeship Programs, you can visit here or call (202)693-2796.