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Apprentices will be top source of talent, say 37% of leaders

Apprenticeship Levy

A third of businesses view apprentices as the most valuable source of emerging talent, according to a new poll of over 2,000 senior HR professionals.

The data comes following the introduction of the Apprenticeship Levy in April last year โ€“ an initiative designed to boost the number of young people entering vocational training.

The survey โ€“ carried out by global talent acquisition and management specialist Alexander Mann Solutions โ€“ found that graduates remain the favoured talent pool for entry-level recruits, with just under half (47%) of respondents naming university leavers as the most valuable source of emerging talent.

However, 28% of respondents admitted they were finding it difficult to fill graduate roles, with just 12% reporting that sourcing and securing the relevant skills is currently easier than it has been previously.

โ€œAs these findings suggest, leaders are certainly reassessing where they source fresh talent,โ€ said Sandrine Miller, head of emerging talent consulting at Alexander Mann Solutions.

โ€œUCAS reported last year that university applications have decreased by 4%. And, while there will always be demand for graduate-level talent, HR leaders are increasingly considering the benefits of developing talent in house, where the role allows, as part of a wider total workforce strategy.

โ€œNews that new apprenticeship starts have fallen by 59% since the Apprenticeship Levy was introduced is most likely indicative of how businesses are reassessing long-term needs โ€“ and taking the time they need to plan, and implement new programmes.โ€

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