In this article, Stacey Hayes-Allen, Director of Corporate Partnerships at Arden University, explains how degree apprenticeships can help companies tackle talent shortages, close the skills gap, and support diversity ambitions.
In today’s competitive hiring environment, talent shortages and skills gaps are major concerns for businesses. The ongoing digital revolution, changing consumer sentiment, and socio-economic pressures emphasize the importance of accessing skilled talent to meet current and future business demands.
Degree apprenticeships – dispelling the myths
Degree apprenticeships, created in 2015 as part of the Government’s apprenticeship reform program, play a crucial role in workforce development and recruitment strategies. Previous misconceptions about degree apprenticeships have been proven wrong, with research showing that businesses retain a high percentage of apprentices upon completion.
Another common concern is the time commitment required to complete an apprenticeship. However, partnering with organizations offering flexible learning options can address this issue effectively.
The value of an apprenticeship champion
Appointing a dedicated learning and development champion within the business can ensure the smooth running of degree apprenticeship programs and other employee development initiatives. This role helps integrate upskilling into career progression plans and supports apprentices throughout their education and work experience.
Fuelling diversity
Apprenticeships are a powerful tool for boosting social mobility and increasing diversity in the workforce. By offering learning opportunities to a wider range of individuals, businesses can secure new talent and ensure a representative workforce that reflects society.
The future
As the labor market evolves rapidly, businesses must explore all options for finding and retaining skilled employees. Investing in proven people development solutions like degree apprenticeships is essential to bridge the skills gap and stay ahead in a competitive environment.
Arden University collaborates with organizations to diversify and provide upskilling opportunities, allowing employees to stay relevant and advance their careers in a fast-changing market.
With economic shifts and technological advancements shaping the future, degree apprenticeships offer a strategic solution for businesses looking to invest in talent development and secure long-term success.
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