74% of companies cannot find enough skilled employees to fill their open positions
94% of companies ranked internal training programs as the highest ranked solution to the talent shortage
98% of companies utilizing apprenticeship programs recommend them
Companies realized $1.47 benefit for every $1.00 spent on apprenticeship programs... a 47% ROI!
It's a national system of on-the-job training that is structured to your organization's specific labor needs. Training usually ranges from 1 to 3 years, with 2,000 hours per year devoted to on-the-job training and 144 hours per year devoted to classroom training.
Apprentices work with a mentor from your workforce and receive a nationally recognized certification from the Department of Labor upon program completion.
Various forms of funding and tax credits are available to companies that sponsor registered apprenticeship programs.