GTO’s understand the importance of making the right connection between the apprentice or trainee and the host employer. Their proven recruitment experience has been shown to increase job stability and levels of performance. In South Australia, Group Training completion rates are 20% higher than the overall national average of 46.2%. This means that you’re saving money when you’re not recruiting as often!
Group Training Organisations are Cost Effective
While all of the usual costs associated with taking on an employee (wages, super, annual leave and loading, sick pay and workers compensation allocations) are applicable to an apprentice or trainee, the benefit is that all of these costs are simply rolled into an hourly rate which is charged to your business by the GTO. These costs can be claimed as a Goods and Services on a businesses BAS statement. You may be eligible for significant tax deductions.
GTO’s Are Flexible
There are no contracts between you and the apprentice or trainee and you can host them for as long as you need. There is no obligation to host an apprentice or trainee for the full term. If there is a downturn in work or your needs change, apprentices and trainees can be changed or moved to another host employer.
As the legal employer, the (GTO) will manage much of the hard work including:
What are the costs?
You may not realise how much hiring and managing an apprentice or trainee can cost your business.
With Group Training, the charge out rate is inclusive of all costs and even the hidden costs that you may not realise are costing your business thousands!
Speak with a GTO to learn more about the costs of Group Training as well as the incentives you may be eligible for.
Cost of Direct Employment
Non-Productive Time
Resources
Other (and Hidden) Costs