Ontario apprenticeship programs, such as the ones offered by the Finishing Trades Institute of Ontario (FTI Ontario), provide many benefits to employers, including having a skilled workforce, increased productivity, and financial incentives, to name just a few.
Advantages of Apprenticeship Programs
Let’s examine the full scope of advantages for Ontario employers to invest in apprentices:
Having a Skilled Workforce
Apprenticeship programs in Ontario provide employers with access to many highly skilled workers who have received specialized training in their field. The average age of a journeyperson in Ontario is 47 years old, highlighting the importance of training the next generation of workers through apprenticeship programs. By taking on an apprentice, businesses are investing in their future and ensuring they have a skilled workforce ready to meet future needs.
Apprenticeship programs in Ontario can increase the productivity of a workforce by providing employees with the knowledge and skills necessary to perform their jobs more efficiently.
Employers can save money by training their employees in-house instead of hiring new, more experienced workers.
Improved Employee Retention
Ontario apprenticeship programs can help improve employee retention by providing workers with opportunities for professional development and career advancement.
Bringing on apprentices at the start of their careers can cultivate a strong sense of company loyalty. A report from the Canadian Apprenticeship Forum in 2010 indicated that apprentices who were trained and eventually hired by their employers felt a greater sense of loyalty towards their employers.
Employers can benefit from a more competitive and skilled workforce, which can help to increase the competitiveness of their business. And by providing apprenticeship training that meets both provincial and national (Red Seal) industry standards, businesses are also giving apprentices an understanding of their specific and unique workplace needs.
Employers who participate in apprenticeship programs may be eligible for tax credits and other incentives offered by the government of Ontario.
Support from the Government
The government of Ontario provides support to employers who participate in apprenticeship programs, including grants, financial incentives, and assistance with program administration and promotion.
FTI Ontario’s Apprenticeship Programs
FTI Ontario offers several rewarding apprenticeship programs that hold a lot of advantages for Ontario employers. Contact us today for more information.