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Apprenticeships resilient but inflation a major concern

Posted on 13 Apr 2022 and read 1895 times
Apprenticeships resilient but inflation a major concernInvestment in apprenticeships has remained resilient in the face of the pandemic according to a new report released today and features 105 companies from the aerospace, automotive, distribution, general engineering and professional services sectors.

In-Comm Training’s third annual Training Barometer revealed that 67% of companies had taken on apprentices during the last 12 months, while a staggering 97% kept all their learners on despite the pressures of Covid-19.

The confidence extends into the future, with more than two-thirds of firms committing to taking on an apprentice over the next year (up from 47% in 2021), with 69% giving staff the opportunity to progress learning all the way to an HNC or degree level.

However, on a less positive note, the report highlighted that the impact of the pandemic has resulted in nearly a third of companies cutting back on their training spend and barriers to embarking down the vocational route continue to be dominated by a lack of in-house infrastructure and understanding of all the different apprenticeship standards currently out there.

Gareth Jones, In-Comm Training managing director, said: “These results show a massive shift change from last year with companies reaffirming their commitment to investing in vocational learning, underlining the major strides apprenticeships have made over the last few years and the value management teams place in them.

“Despite all of the pressures, the turmoil and the restrictions, bosses believed it was vital to retain existing learners and, importantly, continue to invest in new ones as they didn’t want to be hit with a skills gap when the recovery started.”

‘Growing your own‘

He continued: “This is none more pertinent than in engineering, where there is a lack of talent and the people that are out there are demanding extortionate wages. ‘Growing your own‘ is the only sustainable way of getting around this situation and those that held their nerve during the pandemic have come out of it better.

InComm“Looking at the bigger picture, the key barrier for training is releasing staff from core activities (49%) as many of them were focused on continuous improvement activities during the downturn, in order to improve processes/quality, implement automation and reduce waste.
“The second biggest challenge was identifying the right course for what the business needs (19%), proving that, as a sector, we need to make things simpler.”

The In-Comm Training Barometer also asked respondents about why they invest in apprenticeships, with close to two-thirds of companies citing a desire to develop future talent as their primary objective.

This was followed by ‘fulfilling a skills gap’ and ‘retaining skills within a business’, although reskilling was valued by just 1% of companies, a surprising score when you consider the current skills crisis and industry desperately competing for a shrinking labour pool.

Growing cost of inflation is firmly on the mind of many management teams, with 58% citing it as a significant barrier to attracting and retaining staff, an issue that could potentially get worse before it gets better with staff also looking for flexible working patterns and training and development.

The final major concern employers have is a ‘skills drain’ that comes from older workers retiring. Here 70% of businesses are concerned about the impact on staff and their ability to meet the requirements of their customers.

Mr Jones added: “While the overwhelming feeling is one of optimism, you can’t escape the very real economic and societal challenges that are having an impact on decisions around training and vocational learning. The biggest takeaway from this report is how firms are seeing apprenticeships in more than their traditional guise and using them to develop engineering, leadership and management, continuous improvement and health and safety professionals.

“I would like to think we could build on this as a way of increasing multi-skilling throughout organisations, retraining people in new technologies and tackling the skills drain.”