Preston MP Mark Hendrick is calling on more local businesses to take on an apprentice, after new research revealed the extent of the benefits involved.
Every time a local company hires an apprentice, their bottom line gets an average boost of £1,941, according to professional accountancy body AAT.
Last year, 1,120 young people and adult learners started an apprenticeship in Preston, helping local businesses by a total of £2.2m in 2012/13.
Mr Hendrick said: “If they don’t have one already, local businesses in Preston should consider employing an apprentice.
“Apprenticeship starts increased massively after the creation of the National Apprenticeship Service in 2009, but there is a danger that progress could stall unless more companies hear the message. We can do better for our young people and adult learners. This is a chance for firms to give back to the community – and by giving local people a chance, they will also be boosting their bottom line.”
Jane Scott Paul, chief executive of AAT, said: ‘I am delighted that Mark Hendrick MP is encouraging more companies to employ an apprentice. Far from being a cost, apprentices bring benefits straight away.
‘It’s really important that employers know there are apprenticeships for all shapes and sizes, including those in non-traditional sectors like accounting and law.”