Construction companies are set to be boosted by news that two new apprenticeship programmes in bricklaying and plastering will lead to higher quality tradespeople entering the industry.
The schemes, developed by the Federation of Master Builders (FMB) in partnership with a range of home-building employers, will launch in September having just been approved by the government.
The FMB says the apprenticeships are longer than current schemes and cover a broader range of knowledge and practical skills. The Federation is expecting up to 4,000 apprentices to register for the bricklayer apprenticeship every year and up to 1,500 to enrol on the plastering scheme each year.
FMB chief executive Brian Berry was quoted on The Construction Index website as saying: “These higher quality construction apprenticeships have the potential to help solve the construction skills crisis. The bricklayer and plasterer apprenticeships were designed by employers, which will ensure they produce the tradespeople they need.”
He added: “This increase in quality will lead to an increase in quantity. Over 70% of construction SME bosses say they would be more likely to train an apprentice if the quality of apprenticeships improved. The construction industry is not meeting its apprenticeship targets currently and this uplift in quality will help encourage students, teachers and parents alike to properly consider a career in construction.”
Mark Kozo, Head of Marketing at Portman Asset Finance, says: “For too long now the construction industry has suffered from a shortage of skilled tradespeople. These new apprenticeships should give employers the assurance that the standard of entry-level candidates will improve in terms of the range and relevancy of their skills.
“These apprentice programmes have been in development for some time and, now they are ready to be rolled out, construction companies of all sizes can look to the future with new-found confidence.”
Portman Asset Finance has arranged flexible finance packages for many construction businesses to enable them to purchase new equipment and invest in their infrastructure to gain more contracts. Commercial loan products, for example, can be used to fund the acquisition of skilled workers and aid their development in line with the needs of the business.
If you would like to discuss how utilising asset finance can grow your construction company, call our experienced Account Managers on 01604 321 995 or view our construction finance products here.