Being on an Apprenticeship

According to the UK government, an apprenticeship is a paid job where the employee learns and gains valuable experiences.

Alongside on-the-job training, apprentices spend at least 20% of their working hours completing classroom-based learning with a college, university or training provider which leads to a nationally recognised qualification.

ES1.1

Being on an Apprenticeship

Education and Skills
  • Education

Key Value

A monetised social value of 32,700

This is the economic value of an apprenticeship measured in productive output of approximately £2,800 to the company, an estimated economic gain to the individual of £20,500, plus the social value of the wellbeing benefit to that apprentice at approximately £9,400. 

The productive output figure for an apprentice is approximately £33,759 in 2021 prices , which was estimated by St. Martins Group in 2021 in their report “The Real Costs and Benefits of an Apprenticeship,” in partnership with City & Guilds and produced by the Centre of Economics and Business Research (Cebr).  There are also apprentice subsidies of approximately £1,040.  The report then deducts the apprentice wages (an approximate £17,278), training costs (£6,965) and additional expenses (£8,060).  The remaining employer gains are approximately £2,496, or rounded to £2,500.

There is also a wellbeing benefit of £8,000 to the apprentice from being in paid employment, measured in WELLBYs as a change in wellbeing. 1 WELLBY is an increase in life satisfaction by 1 point on a scale of 0 to 10 and is worth £13,000 in monetised social value.

The estimated wage for an apprentice in 2023 figures is approximately £20,500 according to Total Jobs which represents economic gain to the individual.

Adding all of these together the total headline value for an apprenticeship for 1 year is £20,500 + £2,500 + £8,000 = £31,000. 

Adjusted for inflation to 2023 prices this works out as: £20,500 + £2,816 (approx £2,800) + £9,389 (approx £9,400) = £32,705 in 2023 prices.  Our approach to inflation adjustments is explained on our Methodology page HERE

An overall rounded value of £32,700. 

Local Needs Analysis Data Source

Before using this MeasureUp value, we encourage you to assess the local need in relation to the activity or outcome.

Here is the most useful initial data source for assessing local need in relation to this value.

To assess local needs related to the value ES1.1 ‘Being on an apprenticeship’, a range of education and skills indicators can help capture young people’s engagement in apprenticeships and other training pathways. Key indicators include:
Apprenticeship starts and Apprenticeship achievements – Track how many people are starting and completing apprenticeships. Data is provided by the Office for National Statistics and is available annually at the local authority, combined authority, regional, and national levels. You can filter data by country, region, combined authority, or local authority, depending on the indicator.
Key Stage 4 performance – Measures academic achievement at the end of secondary school. Published by the Department for Education, this data is available at local authority, regional, and national levels.
Participation in education, training and NEET (Not in Education, Employment or Training) at age 16–17 – Indicates how many young people are staying in learning or training, and how many are disengaged. Available annually at the local authority level.
Destinations of Key Stage 4 and 5 students – Shows post-school pathways, such as apprenticeships, further education, or employment. Also published by the Department for Education, with data available at local authority, regional, and national levels.
Together, these indicators offer a comprehensive view of educational progression and vocational engagement, supporting targeted planning to improve apprenticeship access and outcomes.

How to measure the value of being on an apprenticeship

If you are just starting out, or planning a new apprenticeship programme, start at the Bronze level, and work on developing your measurement and valuation approach using the guidance to progress through to Silver, Gold, and Gold+ measurement.

Bronze

Effort

Accuracy

Monetised value:

Multiply the number of apprentices lasting at least a year by £32,700.

Silver

Effort

Accuracy

Monetised value:

Multiply the number of apprentices lasting at least a year by £32,700. 

Gold

Effort

Accuracy

Monetised value:

At Gold level you are looking to build on your silver estimations by engaging with the person or people affected.

Gold+

Effort

Accuracy

Monetised value:

At the Gold+ level, you are building on your Gold value calculation by assessing the value against the counterfactual, or ‘what would have happened anyway’.   

Value Type: Activity What's this?
UN SDG Categories:
  • 3. Good Health & Wellbeing
  • 4. Quality Education
  • 5. Gender Equality
  • 8. Decent Work and Economic Growth
  • 9. Industry, Innovation and Infrastructure
  • 10 Reduced Inequalities
What's this?
2020 Social Value Models:
    • MAC 1.1 Employment, re-training, return to work
    • MAC 2.1 Entrepreneurship, growth and business creation
    • MAC 2.2 Employment
    • MAC 2.3 Education and training
    • MAC 5.1 Increase representation of disabled people
    • MAC 5.2 Supporting disabled people in developing new skills
    • MAC 6.1 Tackling inequality in the contract workforce
    • Policy Outcome 1: Help local communities to manage and recover from the impact of COVID-19
    • Policy Outcome 2: Create new businesses, new jobs, and new skills
    • Policy Outcome 5: Reduce the disability employment gap
    • Policy Outcome 6: Tackle workforce inequality
    • Theme 1: Covid-19 Recovery
    • Theme 2: Tackling Economic Inequality
    • Theme 4: Equal Opportunity
What's this?
2025 Social Value Models:
    • 2a. Learning and skills development opportunities relevant to the contract to address skills gaps
    • 7a. Remove barriers to entry for young people and under-represented groups
    • Mission 1: Kick start economic growth
    • Mission 4: Break down barriers to opportunity
    • Outcome 2: Skills for growth
    • Outcome 7: Creating a pipeline of opportunities for the contract workforce, reducing barriers to entry for under-represented groups.
What's this?

Evidence

Measure Up focuses on empowering you to numerically measure the impact you’re having. We recommend that numeric reports are backed up with stories and other types of evidence to help illustrate, in human terms, the impact that’s being made on individuals.

We recommend seeing consent from one or more participants in your intervention to collect and tell their story. This should include a little background on the participant, a summing up of life before the intervention, the human impact of the intervention, and the longer term (if known) impact on the person’s life outside of, and after, the intervention.

Providing photographs, audio recordings, video interviews or even artefacts from the intervention (for example, writing, paintings, music, etc from creative interventions) can add more colour, and convey the emotional impact of interventions more directly.

In some cases it’s appropriate to anonymise or abbreviate the personal information of case study participants. No story should be published or shared without the recorded consent of the individual(s) it concerns. Individuals continue to own the rights to their stories and if they request you stop sharing the story or making it available online you should do so promptly and without need for justification.

More help

We want to empower anyone to perform and improve their impact measurement – without needing a degree in economics.

If you need any more help, or just someone to do the legwork for you we can help signpost you to software, training and consultancy to help you get to grips with the impact you’re having.

Data Sources