By improving retention and reducing recruitment costs
By automating and streamlining tasks
This calculator provides an estimate of potential savings based on two key factors:
Calculates savings from improved apprentice retention by multiplying the number of retained apprentices by the average recruitment cost per apprentice.
Calculates savings from streamlining administrative tasks by multiplying hours saved per day by hourly salary, number of team members, and months per year.
* The default values are based on an average cost of £4,750 to recruit an apprentice and an average Early Career employee salary of £17.95 per hour.
* Adjust the parameters to see how different scenarios affect your potential savings.