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Story perspectives

SMEs Combat Skills Gap Through Apprenticeships and Training

1/14/2025

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Story summary
  • Small to medium-sized enterprises (SMEs) are bridging the skills gap with work-based training and apprenticeships.
  • The Chartered Institute of Personnel and Development found that 80% of businesses with apprentices enhance their skill sets.
  • Skills for Life initiatives, such as Higher Technical Qualifications and Skills Bootcamps, aid in employee development.
  • Apprenticeships offer practical experience and recognized qualifications, boosting productivity and product quality for employers.