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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)
The IMI conducted a two-year study with partner employers ranging from micro businesses to dealerships across England, Scotland, Northern Ireland and Wales. The partner employers provided rich productivity and cost data for the employment history of their current apprentices and recently qualified technicians.
The results showed productivity during the apprenticeship followed a classical S-shaped growth curve expected of young learners applying newly acquired knowledge and skills to increasingly complex work offered progressively by their employer as the apprentice, initially supporting a technician, progresses to working independently in the workshop. (hide)
Please complete the steps below to illustrate the potential return on investment from an apprentice in your business