Tessa is ‘over the moon’ as research revealed thousands more apprentices are progressing into Higher Education after finishing their apprenticeships.
Research published by the Business Department, where Tessa has a role supporting the Secretary of State, show that almost 20 in every 100 Advanced Apprentices moved into Higher Education following the completion of their apprenticeships.
“I’m a massive supporter of apprenticeships, and this research demonstrates we are now making real progress in this area.
“It shows the many varied opportunities available to apprentices, and that they can help those who wish to boost their prospects further progress to the next stage of learning. This can lead to a wider range of rewarding careers.”Read more
Local MP Tessa Munt is encouraging more local businesses to take on an apprentice after new research revealed how beneficial this can be to businesses.
Every time a local company hires an apprentice, its bottom line gets an average boost of just over £2,000. This represents the benefit after typical wage and training costs here in the South West are deducted, but the advantage ‘kicks in’ as soon as the apprentice joins the firm and starts being trained.
Last year, 1,000 people started an apprenticeship in Tessa’s patch, which means that new apprentices alone provided a local boost of over £2m last year.
The number of apprentices has been increasing rapidly. Despite this, surveys show that 60% of small businesses are missing out because they don’t know enough about how apprenticeships work. Many assume that an apprenticeship is difficult to administer and will involve a short-term cost.Read more