Apprenticeships solve hiring challenges in the property industry

Hiring challenges are prevalent in many industries and the property industry is no exception. As the sector expands the need for skilled professionals is growing but finding that talent is just as difficult as ever. To help resolve this challenge, many employers in the property sector are turning to apprenticeships to tackle the skilled worker demand. Apprenticeships offer a unique approach to workforce development by combining on-the-job training with structured learning. In this article, we will explore how property apprenticeships can address hiring challenges in the property industry.

Understanding the Hiring Challenges in the Property Industry

The property industry is varied and diverse. It offers a wide range of roles from real estate agents and property managers to surveyors and construction workers. These unique roles differ from each other and demand specific set of skills and expertise. However, many businesses find it difficult to fill these positions due to several factors:

Skills Gap

Many candidates lack the specific skills needed for roles in the property industry. Advancement in technology, changes in regulations and the evolving nature of the industry itself, all contribute to the difficulty in finding adequately skilled staff. As a result, employers struggle to find candidates who meet their requirements.

Ageing Workforce

Another challenge is the ageing workforce. Many experienced professionals are nearing retirement, leaving a void in the industry. This situation creates an urgent need to attract and train new talent to ensure the continuity of expertise and knowledge.

Competitive Market

The property industry is highly competitive, with many businesses searching through the same pool of talent. This competition makes it challenging for smaller companies to attract and retain skilled employees. Larger firms often offer more attractive salaries and benefits, making it difficult for others to compete.

The Role of Apprenticeships in Addressing Hiring Challenges

Apprenticeships can play a crucial role in resolving these hiring challenges. The apprenticeship module is built on the concept of “learn as you earn” allowing people to enter the job marketing and receive crucial training, skills, and experience while studying for a certificate.

Additionally, apprenticeships are an attractive option for young people entering the workforce. They offer a clear career path and the opportunity to earn while they learn. This appeal can help bring fresh talent into the property industry, addressing the issue of an aging workforce.

For employers, apprenticeships offer a cost-effective way to train new employees. Apprentices typically earn a lower wage than fully qualified professionals, which can reduce labour costs. Additionally, many apprenticeship programmes receive government funding or incentives, further reducing the financial burden on employers.

Benefits of Apprenticeships for the Property Industry

Apprenticeships offer several benefits for both employers and apprentices:

For Employers

• Tailored Training: Employers can tailor property apprenticeship programmes to meet their specific needs. This customisation ensures that apprentices develop the skills required for their roles, leading to a more competent and efficient workforce.
• Increased Retention: Apprenticeships often lead to higher retention rates. Since apprentices receive training and development within the company, they are more likely to remain loyal and continue their careers with the same employer.
• Enhanced Company Reputation: Offering apprenticeship programmes can enhance a company's reputation. It demonstrates a commitment to workforce development and social responsibility, which can attract both customers and potential employees.

For Apprentices

• Practical Experience: Apprentices gain valuable practical experience in their chosen field. This hands-on approach allows them to apply what they learn in real-world settings, preparing them for their future careers.
• Career Progression: Successful completion of an apprenticeship often leads to career progression. Apprentices may have the opportunity to advance within the company or pursue further education to enhance their skills.
• Earn While You Learn: Apprenticeships offer the advantage of earning a wage while gaining education and training. This financial support can make a significant difference for those entering the workforce.

Unlocking the benefits of flexi-job apprenticeships

Inspire ATA are the UK’s leading apprenticeship employer offering a range of apprenticeships in a variety of sectors. One of the unique benefits of working with Inspire ATA is our flexi-job apprenticeship offerings.

Flexi-job apprenticeships allow employers to take on an apprentice for a short-term engagement, with Inspire ATA managing all payroll responsibilities. This arrangement offers multiple benefits, including the flexibility to hire based on immediate business needs, reducing the administrative burden, and ensuring that the placement does not impact your budget or headcount.

Additionally, if the apprentice isn’t the right fit, Inspire ATA will provide a replacement at no extra cost, ensuring you have complete peace of mind. Inspire ATA also handles all aspects of payroll, holidays, statutory sick pay (SSP), safeguarding, grievances, disciplinary actions, and any other issues that may arise.

Apprenticeships offer a promising solution to the hiring challenges faced by the property industry. By addressing the skills gap, attracting young talent, and providing cost-effective training solutions, apprenticeships can help businesses build a skilled and capable workforce. As the property industry continues to evolve, embracing apprenticeships can ensure a steady pipeline of talent and contribute to the industry's long-term success.

Learn more about working with Inspire ATA.

If you’re interested in placing an apprentice on a flexi-job apprenticeship, book a call with our team to discuss the best options for your business.