SMEs Miss Benefits of Apprenticeships

According to research by Barclays Small businesses are missing out on the benefits of apprentices . firms using apprenticeship schemes typically gain a £214 productivity boost every week. Despite this small firms are half as likely as larger organisations to take on an apprentice this year. Just 12% of small firms are planning to increase the number of apprentices they recruit. Additionally, 39% of small firms cite red tape as the greatest barrier to hiring an apprentice.

Read more about the research at:
http://www.newsroom.barclays.com/Press-releases/Small-businesses-missing-out-on-the-benefits-of-apprenticeships-a2e.aspx

Sc: MGBA. UKBA

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