It pays to hire an apprentice: Calculating the Return on Training Investment for Skilled Trades Employers in Canada (2009)

A Study of 16 Trades - Phase II: Final Report

In this study, carried out by the Canadian Apprenticeship Forum (CAF) during 2008, almost 1,000 employers in 16 different trades in a variety of sectors completed a survey on the costs and benefits of apprenticeship training.

The authors say this study confirms that the benefits of apprenticeship training outweigh the costs, especially when the gains to overall business performance are taken into account. They found that for every $1 spent on apprenticeship training, an employer receives an average benefit of $1.47 or a net return of $0.47.

Analysis over the four-year apprenticeship shows that the average net benefit varies from one trade to another, with benefits ranging from $39,524 for a cook to $245,264 for a heavy-duty equipment mechanic.

The study includes a detailed analysis of three specific trades that shows there is a return for all sizes of businesses, in all regions of the country.

The Canadian Apprenticeship Forum is a not-for-profit organization working to influence pan-Canadian apprenticeship strategies and to promote apprenticeship as an effective model for training and education with the goal of helping to develop a skilled, productive, inclusive and mobile labour force.

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Added: 
2011-03-29
APA citation
Canadian Apprenticeship Forum (CAF). It pays to hire an apprentice: Calculating the Return on Training Investment for Skilled Trades Employers in Canada 2009. Web. 27 Feb. 2021 <http://en.copian.ca/library/research/caf/hire_apprentice/hire_apprentice.pdf>
Canadian Apprenticeship Forum (CAF) (2009). It pays to hire an apprentice: Calculating the Return on Training Investment for Skilled Trades Employers in Canada. Retrieved February 27, 2021, from http://en.copian.ca/library/research/caf/hire_apprentice/hire_apprentice.pdf
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