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Scottish businesses urged to take on apprentices

Category: Invoice Factoring — Paul Morgan on May 24, 2012

With the launch of the Scottish Apprenticeship Week from Monday 21st May, businesses throughout the country are being urged to invest in the future.

The Scottish government are using the week to promote its own modern apprenticeship programme.

Already, over 12,000 employers in Scotland have signed up to Holyrood’s scheme, which guarantees education or training placements for all 16 to 19-year-olds in the country.

However, more businesses are needed, with apprenticeships being sold as a key area by which firms can boost their business moving forward.

Speaking about how they can help shape the economic future of the country, Angela Constance, the Youth Employment Minister said:

“The modern apprenticeship scheme gives Scotland’s employers a structured and supported way to boost their business by taking on a young trainee, and can play a key role in improving our economic future by helping businesses and young people alike.”

A lack of finance and a lack of spending by consumers has forced many firms to cut back on staff, though many have found sustainability and growth through easing cash flow through invoice factoring.

Such new strategies are important for the new way of doing business, and it is with such thoughts in mind that modern apprenticeships are being promoted.

At times of recession and the accompanying staff cutbacks, skills are easily lost. This all makes for a slower recovery through the relearning and upskilling phase. Taking on apprentices now, is thought to help the pace of growth.

Anyone wanting to get more involved with the week are asked to promote Scottish Apprenticeship Week on their website or Tweet with the hash tag #ScottishMAWeek2012.

'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

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