ECA (Electrical Contractors’ Association) welcomes The Electrotechnical Skills Partnership (TESP) research findings into how businesses calculate charge-out rates for their apprentices’ work.
This research follows on from TESP’s work last year on apprentice return on investment calculations, which found that businesses can achieve a positive return on investment (ROI), albeit at a lower return than found in 2019 calculations.
Last year’s report found that employers were getting a positive ROI from year three of an apprenticeship, with those charging apprentices out at higher rates seeing those returns sooner, in the first year.
The latest research recommends a number of ways businesses can be supported during the recruitment and duration of the apprenticeship, including a recommendation on setting up an apprentice loan scheme between businesses. This will help to ensure the apprentice learns all the skills they need to become a fully qualified electrician.
Keith Sanderson, Head of Skills Delivery at ECA, said:
“TESP’s research highlights just how vital it is for apprentices to get ‘hands on’ practical experience in a broad range of areas, preparing them for the UK’s journey to electrification.
“For employers, it is essential for them to reap the benefits of investing in their apprentices as soon as they can, and so what they charge for their apprentices’ work is key to this.”
Last updated 05 March 26
