Apprenticeship: Expanding Apprenticeship: Return on Investment (ROI)
TranZed Apprenticeships has an app that it’s staff use in the field, that gathers information from the employer through their “Open4Apprenticeship Toolkit” It then gives the employer immediate feedback on the cost savings and ROI through apprenticeships.
The app allows TranZed team members to send a PDF to the employer showing the costs savings /ROI month by month against the direct hire costs.
This is proving crucial as part of their Employer Engagement Process.
It is a great tool and additional to the excellent tools and resources listed below.
If you are an employer who is curious about the potential ROI that apprenticeship can bring, or you just want more info, contact: firstname.lastname@example.org
Funded by the U.S. Department of Labor, Employment and Training Administration (ETA), WorkforceGPS is ETA’s online technical assistance and training website. Intended for Federal grantees, educators, business leaders, and workforce professionals nationwide, WorkforceGPS features virtual training events, communities of practice, collections, research materials, and a wealth of resources to help design and implement workforce development programs.
— Read on apprenticeshipusa.workforcegps.org/resources/2017/08/29/12/43/Expanding-Apprenticeship-Return-on-Investment-ROI