Degree
apprenticeships can offer the best of both worlds for employers and employees
looking to upskill – combining university study and practical workplace
learning.
Despite the
huge success of degree apprenticeships, many companies don’t consider whether
they are the right option for their business and workforce because they just
don’t know enough about the practicalities involved or the benefits
apprenticeships can offer. In addition, there remain many outdated
misconceptions associated with apprenticeships, including the potential costs,
which businesses can find off-putting.
Here are some
of the key facts and benefits for employers explained, and the opportunities
available for businesses to partner with Northumbria…
THE
PRACTICALITIES
Degree
apprenticeships…
- provide
employees with practical and relevant skills and knowledge that can be applied
immediately in the workplace.
- involve
part-time study, alongside continued work within the business.
- develop core
skills such as project management, problem solving and leadership, as well as
more specific, subject-related technical skills.
- are suitable
for all sizes of organisations, from small businesses to multinational
corporations.
THE BENEFITS
Degree
apprenticeships…
- enhance
existing employees’ knowledge and skills so they can progress to more senior
roles – improving staff retention rates and avoiding unnecessary recruitment.
- help attract
new talent; ambitious people want to work for organisations that invest in
their employees’ skills.
- provide
learning which is based on work-related situations, so employees will be
contributing to an organisation’s performance even when they’re at university.
- keep
employees motivated and committed for the long-term, by helping them develop
skills over several years.
- deliver
well-trained, highly skilled employees who add value – both directly and
through their ability to coach, mentor and train other team members.
THE COSTS
Degree
apprenticeships…
- are affordable
because they’re funded by your apprenticeship levy account if you have an
annual pay bill of £3m+ or heavily subsidised (up to 95% of the cost) by the
Government if your annual pay bill is less than £3m.
- are an
inexpensive way to attract and retain talented employees, develop your
workforce, fill skills gaps and improve your company’s performance.
DEGREE
APPRENTICESHIP OPPORTUNITIES AT NORTHUMBRIA UNIVERSITY
- Northumbria
University is a leading degree apprenticeship training provider and was one of
the first UK universities to offer government-supported degree apprenticeships.
- The
University offers 24 different degree apprenticeships across diverse sectors,
from architecture, construction and engineering to digital, tech and creative,
with a range of new apprenticeships being added to the portfolio in 2021.
- Northumbria
University delivers degree apprenticeship courses for more than one in ten of
the organisations recently ranked in a new national league table for top apprenticeship
employers.
- Northumbria’s
degree apprentices themselves have ranged from new starters through to senior
managers and long-serving staff and professionals who are looking for a change
in career.
- The
Leadership and Management degree apprenticeships offered at Northumbria are
delivered by our award-winning business school and cover many different
sectors.
- Northumbria
has strong relationships with business and industry and can develop tailored
degree apprenticeships that directly meet the needs of a business, sector or
workforce.
For more
information, visit www.northumbria.ac.uk/degreeapprenticeships
In a connected
world, collaboration can be the key to success. Find out more about how your
business can work with Northumbria University to identify, explore and develop
new business opportunities, by reading our Partner of Choice supplement at www.northumbria.ac.uk/partner-of-choice
