The potential for apprenticeships to drive UK growth has been outlined in a new report.
With employers set to receive funding for apprenticeships directly, AAT believes there is a significant opportunity to adapt the current system for the future. By targeting funding at priority sectors, emerging skills gaps, and addressing geographical imbalances, it suggests that apprentices can provide the skills that the UK economy will need to continue to grow.
The report identifies several areas that would benefit from an immediate apprenticeship boost:
In ‘Apprenticeships for the Future’, AAT makes five formal recommendations to the government on developing an apprenticeships policy:
Mark Farrar, chief executive of AAT, said: “We need to build on the success of apprenticeships – and this is the time to do so. As we move to employer payments and contributions, incentives should be targeted. A one-size-fits-all system won’t do enough to boost particular skills, particularly where those skills cost more to deliver.
“There has been a huge increase in the number of apprentices in recent years, which has helped businesses and transformed lives. Now we can look to ensure that all areas of the country benefit fully, with the apprenticeships for the future that the UK needs to drive growth.”