The Skills Funding Agency launched their research last week to coincide with National Apprenticeship week.
The survey, involving 3,989 employees, found that 25% of line managers with an apprentice expect their company to grow rapidly over the next few months. This is compared with just 6% of line managers with no apprentice.
Sue Husband, Director of the National Apprenticeship Service said
“With more higher and degree apprenticeships becoming available, young people are able to choose an equally valid route as going to university, aim high and get right to the top”
Recognising this trend the Chartered Management Institute have also recently launched their Chartered Manager Degree Apprenticeship, combining on the job training with a University education.