Building a Top-Notch Workforce: The Power of Registered Apprenticeships

Tue, Aug 27, 2024 at 10:40AM

Building a Top-Notch Workforce: The Power of Registered Apprenticeships

The Southeast Volusia Manufacturing and Technology Coalition is excited to share some game-changing information about Registered Apprenticeship programs. These programs have been transforming businesses and solving workforce challenges for many of their partners.

Picture this: A business owner sitting in their office, frustrated because they can't seem to keep good employees around. It's a common scenario, but there's a solution that's been making waves in the industry.

The Secret Sauce to Workforce Excellence

Registered Apprenticeship isn't just some fancy term cooked up in a boardroom (though coffee might have played a role). It's a proven long-term solution that's been shown to:

- Significantly reduce turnover rates 

- Cut hiring costs 

- Boost productivity dramatically 

Who wouldn't want all that goodness for their business?

How It Works 

These apprenticeship programs are like a perfect blend of school and work. They consist of:

  1. Classroom learning (officially called Related Training Instruction or RTI): This is where apprentices soak up all the theory and book smarts.
  2. Hands-on training (known as On-the-Job Training or OJT): This is where the rubber meets the road, and apprentices apply their book learning in real-life situations.

It's similar to watching YouTube videos about changing a tire - until you actually do it yourself, you're still going to be nervous when faced with a flat on the side of the road.

The "Wow" Statistic

Here's a number that will make jaws drop: 93% of apprentices who finish the program stick with their employer. Ninety-three percent! That's not just a number, it's a testament to the program's effectiveness.

What does this mean for businesses? They can build a team that:

- Grows with the company

- Knows the business inside and out

- Is ready to step up when leadership roles open up

Jumping on the Bandwagon

For those thinking, "This sounds great, but how do I get in on this action?" We have some answers:

  1. Attend an event: The Southeast Volusia Manufacturing and Technology Coalition is hosting an informative session where businesses can learn all about starting or joining a Registered Apprenticeship program. 
  2. Funding opportunities: While it's not exactly free money, the Coalition can show businesses how to tap into funding from local workforce boards. CareerSource has been a lifesaver for many of their partners.
  3. VIP treatment: There are special services available only to those in Registered Apprenticeship programs. It's like being part of an exclusive club, but way more beneficial for business.

Change can be intimidating, but the results speak for themselves. Last year, one of the local manufacturing companies was on the brink of shutting down due to a lack of skilled workers. After implementing a Registered Apprenticeship program, they're now thriving, expanding, and their CEO can finally take a vacation without constant worry. True story!

The Southeast Volusia Manufacturing and Technology Coalition is ready to help businesses build a workforce that will make their competitors green with envy. They're not just there to talk (though they can do that too) - they're there to help create real, lasting change.

In the world of business, it's not just about keeping up... it's about staying ahead. And Registered Apprenticeship programs? They're the fast lane to success. 

 

Businesses ready to give themselves the boost they deserve are encouraged to reach out to the Southeast Volusia Manufacturing and Technology Coalition. Let's build something amazing together!


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