“tell me and i forget. teach me and i remember. involve … · “tell me and i forget. teach me...
TRANSCRIPT
“ TELL ME AND I FORGET.
TEACH ME AND I REMEMBER.
INVOLVE ME AND I LEARN.”
— Ben Franklin
Modernizing American Apprenticeships • Unlock the Potential
WHO IS FRANKLIN APPRENTICESH IPS?
Franklin Apprenticeships is igniting a movement. We offer the strategy, tools, and support network to help shape a re-imagined Apprenticeship system. Working in partnership with Businesses, Educators, Families, and Economic and Workforce Development Agencies, Franklin Apprenticeships is the first US-based firm dedicated solely to delivering on the promise for expansion of Apprenticeship Programs.
OUR SERVICE OFFERINGS
FR ANKLIN L ABS• Franklin Assessment
• E-Portfolio powered by OneFile
• Registration API Link to US DOL
• Alumni Network
• Online Community (closed)
• Employer/Tutor and Learner Facing
FR ANKLIN CONSULTING• “Market Makers” Building Employer Capacity
• Client Strategy
• Program Build
• Franklin Advisory Board
FR ANKLIN ASSOCIATES• Transatlantic Apprenticeship Exchange Forum
(TAEF) — Membership Subscriptions
• US/UK Consulting
• Study Tours and Customized Tours
• National Apprenticeship Skills Conference and Awards
ASK FR ANKLIN• Apprenticeship Jobs Board
• Matching Service
• Resume, Aptitude Test and Tools
• Job Profiles
• Career Advice Articles
• Apprentice Loans
• Online Community (open)
• Public Facing
WHY APPRENTICESH IPS?
The talent gap is a national crisis that threatens America’s competitive edge. Applying the age-old practice of apprenticeships can serve to renew the purpose of America’s higher education and training systems—systems that have become dated and leave American youth saddled with debt, and deficient in the critical skills necessary for today’s emerging economy.
Expanding the U.S. apprenticeship program in existing industries, as well as developing programs in non-traditional industries such as IT, Healthcare, Advanced Manufacturing, and Professional Services, can help fill this gap.
Defining the Need for Expanding Apprenticeship Programs in the U.S.
3-5 MILLION WORKER SHORTFALL
GOOD FOR BUSINESS GOOD FOR WORKERS
$37,172 I N A V E R A G E STUDENT DEBT
By 2020, America is projected to experience a shortfall of 3 million workers with an associates degree or higher and 5 million workers with technical certificates and credentials.The Center for American Progress
The average amount a class of 2016 graduate has in student loan debt Student Loan Hero
Rate for ages 16-24 as of July 2016 Statista
• helps recruit and develop a highly skilled workforce
• improves productivity and the bottom line
• provides opportunities for tax credits and employee tuition benefits in some states
• reduces turnover & increases retention
• creates industry-driven, flexible training solutions to meet national & local needs
US Department of Labor
• Apprentices earn on average $50,000 a year while gaining a credential that is equivalent to a 2 or 4 year college degree
• Workers who complete apprenticeship programs earn $300,000 more over a lifetime than their peers who don’t.
US Department of Labor
For every $1.00 spent on apprenticeships, employers get at average of $1.47 back in increased productivity. US Department of Labor
94% of employers recommend apprenticeship to
other employers. Urban Institute
IN THE U.S.400,000 Apprenticeships
150,000 Employers
1000 Occupations US Department of Labor
IN THE U.K.2.4 million Apprenticeships
750,000 Employers
1500 OccupationsUnited Kingdom Government, English Apprenticeships: Our 2020 Vision
48%
LACK TECHNICAL COMPETENCY Nearly half of U.S. employers report difficulty filling jobs because candidates lack technical competencies. Manpower Group’s 2013 Talent Shortage Survey
10.8% YOUTH UNEMPLOYMENT
$1 SPENT ON APPRENTICESHIPS = $1.47 BACK IN PRODUCTIVIT Y
WHAT MAKES FRANKLIN APPRENTICSH IPS UNIQUE?
The United States is drastically behind in adoption of a modernized Apprenticeship model. Franklin Apprenticeships is the first consulting and capacity building firm in the US marketplace dedicated to fast tracking and growing a new Apprenticeship Movement.
By leveraging and enhancing best practices from the UK and other countries, Franklin Apprenticeships is building a US specific nascent apprenticeship industry that will help to solve America’s 21st Century workforce crisis.
“We believe apprenticeships will be a significant solution to the IT industry’s workforce challenges. Apprenticeships also provide a meaningful and scalable vehicle to create greater economic mobility and bring under-represented populations into our industry, which is important to CompTIA. Franklin Apprenticeships’ solution of modernizing American apprenticeships to regain America’s competitive edge and their experience and expertise in developing and delivering successful apprenticeship programs makes them the perfect partner with which to explore the opportunities of tech apprenticeships.”
— Charles Eaton, EVP, Social Innovation, CompTIA
Modernizing American Apprenticeships • Unlock the Potential
“Apprenticeships are a great opportunity for career seekers, particularly disadvantaged job seekers or youth just starting out. They do not provide simply a map of the employment pathway, but rather a well-built, well-lit roadway to a sustainable career. We are excited to be combining our experience in workforce development with Franklin Apprenticeships’ track record of introducing the apprenticeship model to support non-traditional fields. The result is a solution that provides employers and job seekers with the advantages of apprenticeships in every sector of the U.S. economy.”
— Michael Bolton, Vice President of Human Services, MAXIMUS
Join the Movement.
Contact Franklin Apprenticeships to learn more about starting an apprenticeship program, becoming a Franklin Associate, or joining TAEF.
Unlock your potential to be part of a modernized Apprenticeship program.
www.franklinapprenticeships.com