On 9 June, the Federal Institute for Vocational Education and Training (BIBB) published its third study since 2007. It is based on more than 4,000 interviews and details the average cost of dual training by region, size and business sector. In addition to a comparison between the periods 2007, 2012/13 and 2017/18, the study offers a fairly high degree of accuracy on the type of costs incurred by an apprenticeship, as well as on the average gain generated by apprentices depending on the number of years of training. In a final section, an overview of the average cost of an external hiring process, including the cost of the initial integration of new employees into the company, allows for a better comparison between the two recruitment approaches.
Hard evidence in favour of apprenticeships. Amid the difficult struggle towards economic recovery and two months before the new annual cycle of apprenticeships begins, German authorities are pulling out all the stops to put dual training at the heart of the vocational training system. The Federal Institute for Vocational Education and Training (BIBB) has published a study detailing the average cost of apprenticeships by region, size and business sector, based on 3,109 interviews with companies that offer such training and 996 interviews with companies that do not.
Do you have information to share with us?