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Apprenticeship - Return on Investment Calculator

The IMI's Apprentice ROI Calculator is a free tool to provide an illustration of the financial benefits to an employer of taking on a young person registered on a level 3 light vehicle service and maintenance apprentice programme.(read more)

Please complete the steps below to illustrate the potential return on investment from an apprentice in your business

From 1st October 2014 the apprentice national minimum wage is £3.30 per hour , Read more. By default, the Apprentice ROI Calculator uses current national age related wage increments. The user may input a starting salary exceeding the national minimum wage. The calculator will automatically increase the salary to the next national age related increment, only if the increment is greater.

Step 1Your details
Step 2 Step 1 Your data
Step 3 Step 2 Your apprentice
Disclaimer

Checking this box is acknowledgement by you, the logged in user, and parties with whom you share this information, that the calculations shown in the IMI Apprentice ROI Calculator are for illustration only and are not a guarantee of future income from your current or future apprentice. The results are based on research into best practice in recruiting and managing an apprentice.

Calculate ROI

pie chart

The Apprentice ROI Calculator uses assumptions to generate the estimated return on investment. These assumptions are based on the findings of our study on apprenticeships in the automotive sector