Apprenticeship schemes
Posted Wednesday, April 7, 2021
Anyone wanting a step on the property ladder will benefit from joining an apprenticeship scheme. Here we discuss how they work and why it's good for business.
Apprenticeship schemes, which combine practical and academic learning, have a long tradition in the UK, dating back to the 12th Century, although they were officially formalised in 1964. Traditionally provided by master craftsman and later professional practices, other industries, and business sectors. Up until the 18th century, there was no obligation to pay the apprentice a wage, and often a one-off fee payable to the ‘master’ was statutory. How things have changed!
Apprenticeship schemes in 2021
Today’s apprenticeship schemes offer highly structured training within the workplace, which enables employees to progress their career within an industry of choice whilst earning. Soon it will become mandatory for those working within the property industry to carry suitable qualifications and these schemes provide an on-the-job opportunity to achieve that, and more options are opening up in different sectors such as Finance, HR, IT, and more.
Here we take look at the Housing & Property Management apprenticeship schemes, who they are aimed at, and the main benefits for both the apprentice and the employer.
Who is it for?
The Housing & Property Management scheme is ideal for those new to the industry with little or no experience, as well as those with good experience but who are not qualified. This route provides the training necessary to lead to the qualification necessary to progress in the industry.
Housing & Property Management (Level 3) offers development programmes to employees of all ages including graduates, wishing to progress their career within property management. Designed to fully comply with the Regulation of Property Agents (RoPA) requirements, it also includes complimentary membership to the Chartered Institute of Housing (CIH).
Senior Housing/Property Management (Level 4) is for managers and senior employees who manage people.
How does it work?
Apprentices learn on the job, with 20% of their week allocated to off-work training, all of which is supplied in-house. This means they have the benefit of working alongside experienced staff who can assist with mentoring. Workshops form an essential part of the process, allowing sharing of ideas and productive discussions, and the workshop materials can then be utilised throughout the day. Projects help bring the coaching to life, as well as putting ideas into practice, so that newly qualified property managers are familiar with the day-to-day tasks they have to face.
What’s the end goal?
At the end of the training, successful apprentices will become AIPM or MIPM qualified, which opens up wider job opportunities for them and boosts confidence as they become recognised achievers. These schemes really do get results, ensuring continuous career progression.
Business benefits:
For any business retaining good staff members is a continuous goal. Providing platforms for learning and development has been proven to improve staff retention, which is better for business as it alleviates the weight put on recruitment time and costs when dealing with higher staff turnover. It is also better for clients and customers; a better-trained team = better customer service, and that is an end goal any business should have.
At Fexco Property Services we fully advocate apprenticeship programmes. Our staff enjoys full in-house training, and we actively promote and regulate personal and professional development across the group. For anyone wishing to get a step on the property ladder, you can contact our HR team hr@fexcopropertyservices.co.uk to discuss current opportunities.
