We often get asked by employers how much they’ll save annually by employing a marketing apprentice over a graduate. So, we decided to create this simple calculator to help you see how much cash you may save by doing so.
These totals are just a rough guide and take into consideration things like the salary, NI, recruitment costs, etc. Why not see how much you could save?
Employee costs:
Pop in some rough figures around your potential recruitment costs for your marketing employee.
Graduate costs:
Your specified salary: Ā£0
Annual Employer NI contribution: Ā£0
Advertisement costs: Ā£0
Recruiter costs: Ā£0
Annual pension contributions: Ā£0
Total annual cost: Ā£0
Total monthly cost: Ā£0
Marketing apprentice costs:
Average marketing apprentice salary*: Ā£20000
Annual Employer NI contribution: Ā£0
Advertisement costs: Ā£0
Recruitment costs: Ā£0
Annual pension contributions: Ā£600
Total annual cost: Ā£20600
Total monthly cost: Ā£1716.67
*This figure does change from time to time based on requirements and geography but tends to range from between Ā£16,500 – Ā£22,000 dependant on requirements.
Potential savings
Total monthly savings by hiring a marketing apprentice: Ā£0
Total annual savings by hiring a marketing apprentice: Ā£0
So, there you have it. How many Ā£1,000s could you stand to save by hiring a marketing apprentice instead of a flat graduate? Well, if you’d like to further explore how you could benefit from marketing apprenticeships, simply fill in the form below.
Let’s grow your marketing team and build a brighter future for your business
Get in contact with one of our team to find out more and discover how your business can grow through apprenticeships!
Email us at: info@themarketingtrainer.co.uk
Call us on: 03301 338666
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