Garage Support 2023 Issue 2

The IMI ' s Automotive Apprentice ROI Calculator

DRIVING THE INDUSTRY FORWARD TOGETHER The IMI is the professional body for the automotive community. Our vision is to build a global, diverse, skilled and adaptable automotive community. We do this by providing the sector with the best skills and tools to be the best they can be, fulfilling their career ambitions.

Steve Nash , CEO of the I I , said : “ Some firms facing the upfront cost of funding apprentices may feel that it can ’ t be justified . But our ROI Calculator proves the contrary . e urge all employers to use the online tool to estimate the net benefit .

The IMI’s ROI Calculator shows that a level 3 apprentice in automotive maintenance and repair can deliver a return on investment of more than 200% over the course of three years. What’s more, apprentices typically start to yield a profit within 12 to 24 months! Our free online tool is an easy way to gauge how quickly different apprentices pay off . This transparency is particularly welcome given the recent slump in the number of young people taking up apprenticeships in the industry .

Attracting talent and developing skills Inspiring a more diverse workforce to join the sector and developing ongoing skills from Leadership and Managers, to MOT testers and Technicians.

Adapting to the future Giving our member community a collective voice on future sector challenges, through continued Government. discussion and lobbying.

Changing perceptions and instilling confidence

Embracing emerging technology Offering e-learning

Raising professional standards and public

qualifications and CPD for EV and Hydrogen vehicles, as well as the use of Real Wear Technology End Point Assessments.

confidence across the sector through the IMI Professional Register and TechSafe recognition.

To find out more about our work or joining the IMI Community, visit www.theimi.org.uk or call us on 01992 511521 . #IMICommunity

Ta e a loo now at the IMI ’ s free - to - use ROI calculator for apprentices and see what your return could be : www . theimi . org . u / roi /

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