Discover why employee retention is a growing challenge and how training, development, and engagement strategies can help you keep your best talent.
In today’s competitive job market, keeping top talent is a major challenge for businesses. Employees are looking for more than just a pay check – they want opportunities for growth, development, and career progression.
But what if there was a way to boost employee loyalty while upskilling your workforce with in-demand skills?
💡 The answer: Investing in professional development through Apprenticeships.
The link between training & staff retention
Employees who feel valued and supported in their professional development are far more likely to stay with their company. A recent LinkedIn Workplace Learning Report found that 94% of employees would stay at a company longer if it invested in their careers.
- Upskilling shows employees they are valued
- Training enhances job satisfaction
- Development opportunities reduce turnover
- A skilled workforce improves business performance
Without clear career progression, employees are more likely to leave, taking their experience and knowledge with them – often to a competitor.
Why Data Analytics training is a smart investment
In 2024, data-driven decision-making is essential for businesses in every industry. Companies that effectively use data can improve efficiency, streamline operations, and gain a competitive edge.
But there’s a problem – the UK is facing a data skills gap, with 80% of businesses reporting they lack employees with the right data expertise.
By training your existing workforce in data analytics, you can:
📊 Turn raw data into valuable business insights
📈 Make informed, strategic decisions based on real-time data
💷 Save on external hiring costs by developing internal talent
🚀 Improve productivity and efficiency across departments
The Level 4 Data Analyst Apprenticeship – a cost-effective solution
The Level 4 Data Analyst Apprenticeship is a practical, hands-on training programme designed to equip employees with the skills to collect, analyse, and interpret data for business growth.
🔹 Learn essential skills – SQL, Python, Power BI, Excel & more
🔹 Apply learning directly to business challenges
🔹 Boost efficiency with automation & advanced reporting
🔹 No tuition costs – up to 95% of training funded by the government
EXCLUSIVE BONUS: When you enrol an apprentice with Fareport Training, they’ll also follow the NCFE Level 4 Data Analyst Diploma (worth £1,400) at no extra cost!
The financial benefits of training vs. hiring
Hiring new talent is expensive. On average, recruitment costs per new hire can reach £6,000+, and it can take months to fill skilled positions.
In contrast, training existing employees through an apprenticeship is significantly more cost-effective, with up to 95% of the cost covered by government funding.
Example Cost Breakdown for Employers:
Business Type | Total Apprenticeship Cost | Employer Pays | Government Pays |
---|---|---|---|
Large business (Apprenticeship Levy payer) | Covered by Levy funds | £0 | 100% funded |
SME (Non-levy payer) | £15,000 | £750 (just 5%) | £14,250 (95%) |
For as little as £750, you can train an employee in advanced data analytics! Ask us how we can help fund the 5% contribution so that for SMEs the Apprenticeship could be 100% fully funded!
How to get started
The Level 4 Data Analyst Apprenticeship is available now for new and existing employees.
3 Simple Steps to Enrol an Apprentice:
- Identify an employee (or recruit a new one) who could benefit from data skills.
- Contact Fareport Training – We’ll guide you through the funding & enrolment process.
- Start training on 23rd May – Your employee will learn valuable data skills while applying them directly to their role.
Don’t let your best employees walk out the door. Give them a reason to stay by investing in their development and future-proofing your business at the same time.
Find out more & enrol today: Fareport Training – Data Analyst Apprenticeship
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