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Governor Eric J. Holcomb
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Benefits for Employers

Apprenticeships benefit employers by allowing them to…

  • Develop and grow a highly skilled workforce.
  • Reduce turnover and foster loyalty among employees.
  • Create customized, flexible training solutions to meet their unique needs.
  • Retain institutional knowledge as experts near retirement age.
  • Be considered for funding opportunities tied to registered apprenticeship.

Want to know more about how apprenticeship benefits employers?

Check out this Apprenticeship Return on Investment (ROI) calculator to see how apprenticeship can reduce employers’ cost!


Apprenticeship ROI Calculator

Benefits for Apprentices

Apprenticeships offer huge benefits to apprentices, allowing them to:

  • Earn while they learn with an increasing wage during the apprenticeship.
  • Develop new skills in high-demand fields.
  • Learn from a mentor who is an expert in the apprenticeship occupation.
  • Begin a long-term career with little or no college debt.
  • Earn a nationally recognized apprenticeship certificate from the U.S. Department of Labor.
  • Work for an employer committed to quality training programs that reward employees for professional growth.

Benefits for the State of Indiana!

Apprenticeships help the overall labor market by fostering a culture where employers see the value in investing in their employees, and individuals, in turn, feel committed to their employers and are incentivized to remain and grow with their employer. Further, knowledge is continually handed down from expert journeypersons to individuals entering their field, providing a consistently skilled labor force in high-demand and highly technical fields.

Research on Employer ROI

This report describes the economic returns experienced by employers. The median return on investment in registered apprenticeship is 44.3 %. For every $100 invested in the apprentice, the employer ultimately earns $144 in benefits. Click to the report to learn more!

Read Report

Apprentice Experiences and Outcomes

It shows that 79 % of apprentices reported the two most important factors choosing apprenticeship were:

  1. Training for a career and gaining skills and
  2. Earning credentials valued by employers

This study showed that average annual earnings of apprentices grew by 49%. Check on this report!

Read Report