Expanding Apprenticeship: Return on Investment (ROI)
About
Apprenticeship can offer businesses cost savings when compared to other workforce development models they might use, resulting in a Return on Investment (ROI) for every dollar that businesses invest in their apprenticeship programs. This page offers tools, resources, and reports from the U.S. and other countries on the ROI that businesses are receiving on apprenticeship.
ROI Studies
United States
- Evaluation of the American Apprenticeship Initiative grant program employer benefits infographic (2022)
- Beyond Productivity: How Employers Gain More from Apprenticeship (2022)
- Do Employers Earn Positive Returns to Investments in Apprenticeship? (2022)
- The Next-Gen IMT Apprenticeship: A Return on Investment Study (2020)
- Illinois’ Construction Apprenticeship Programs: Return of $11 for Every Dollar Invested (2016)
- Apprenticeship ROI Research and Statistics (2015)
Europe
- The Return for Investing in Apprenticeships (2020)
- Return of Investment of Apprenticeship Systems for Enterprises: Evidence from Cost-Benefit Analyses (2014)
- Why Spending on Occupational Skills Can Yield Economic Returns to Employers (2014)
Canada
Tools/ROI Calculators
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Comments
Content Details
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- Last Updated:
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- Resource Publication Date: 2017
- Posted by: Jon Vehlow
- Posted in: Apprenticeship