Why Establish a Registered Apprenticeship Program in the Hospitality, Travel and Tourism Industry?
New York State recently welcomed a record 291.5 million visitors, the largest number of visitors in New York State’s history, generating more than $78.6 billion in direct spending and $123 billion in total economic impact. [ Source ]
In the dynamic world of hospitality, travel, and tourism, having a workforce of well-trained, skilled professionals is crucial to keep your company on the path to success.
Establishing a Registered Apprenticeship Program tailored to your company's needs is not just a strategic move; it's an essential investment in your future success. Here's why:
Streamlined Talent Pipeline: Apprenticeship programs offer a structured and efficient pathway for bringing new talent into your company. By participating in such programs, you can reduce the time and resources spent on traditional hiring processes.
Upskilling Existing Workforce: Apprenticeships are not just for newcomers. They also provide a means to upskill your existing employees who show a genuine interest in advancing their careers. This internal development can lead to increased efficiency and a more knowledgeable workforce.
Improved Productivity: Companies that engage with apprentices often report higher levels of productivity among their employees. This is due to the hands-on training and mentorship that apprentices receive, which equips them with the practical skills and knowledge required for the job.
Reduced Turnover: Investing in apprenticeships can significantly reduce employee turnover. Apprentices tend to be more committed to their roles, as they are often motivated by the prospect of a long-term career within the industry. This translates into a more stable and reliable workforce.
Substantial ROI: Apprenticeship programs are not just a cost; they are a valuable investment. The returns on your investment can be substantial, as the skills and expertise developed by apprentices contribute directly to your company's competitiveness and profitability. Employers realize an average return on investment of $1.47 for every $1 invested, and every $1 invested in apprenticeships leads to a public return of approximately $28 in benefits.
What's the Next Step?
Examples of apprenticeable occupations in hospitality, travel, and tourism include: Cook (Chef), Project Manager, Housekeeper, Brewer/Distiller, Visual and Graphic Arts Associate, Marketing Coordinator, and Coordinator (Trade Shows, Events, Conferences, Exhibitions, Meetings).
See a full list of approved occupations from the New York State Department of Labor (NYSDOL) including trade outlines listing the skills apprentices gain. Can’t find one that applies to your organization? Not to worry, SUNY and NYSDOL will work with you to develop new occupation titles.
SUNY offers funding for hospitality, travel & tourism companies.
Unlock State Incentives for Registered Apprenticeship Programs
AEG provides funding to cover various expenses associated with training apprentices for certified New York State Registered Apprenticeship sponsors.
Eligible costs include Related Instruction, On-the-Job Training (OJT), books, and essential tools required for the successful development of apprenticeship programs.
Starting an apprenticeship program may be easier than you think.