Uni isn’t for everyone. If you’re keen to learn and earn at the same time, then an apprenticeship might be for you. There are a growing number of apprenticeships available for various careers and industries – you just need to find the right fit. Knowing which apprenticeships are the most lucrative is one way to steer your career goals. In this blog, we’ll explore what an apprenticeship is and some of the best paid apprenticeships to date.
What is an apprenticeship?
An apprenticeship is a job where you can earn money and experience through a training programme. You’ll learn from industry professionals and gain the skills and knowledge needed to excel in your career. Depending on the type of apprenticeship you choose, it can take up to 6 years to complete and you typically receive a professional qualification at the end. These programmes are funded by contributions from the government and your employer. As an apprentice, you will:
- Receive job specific training
- Study at least 20% of your working hours
- Earn a salary and holiday leave
- Complete assessments throughout and at the end of your apprenticeship
Who can be an apprentice?
In England, anyone can become an apprentice if they meet this simple criterion:
- Aged 16+
- Not currently enrolled in full time education
- Live in England
You can become an apprentice at any stage of your career, from starting out to changing careers or upskilling in your current role. Previous qualifications, like a degree, may impact which apprenticeship you choose.
5 top paid apprenticeships
Accounting – EY salary: £21,750
Ernst Young is one of the big four accounting firms and offers various apprenticeships in corporate accounting and auditing. These programmes could accelerate your career in assurance, tax or transactions. These large accounting firms offer lots of opportunity for quick progression.
Civil Service Fast Stream – Office for National Statistics salary: £22,000
This is an award-winning initiative to help apprentices and graduates get into the Civil Service world. Fast stream offers 15 schemes with impressive starting salaries and earning potential.
Corporate Banking – Santander salary: £23,000
During this Level 6 apprenticeship, you’ll gain the skills needed to own a portfolio of corporate clients and progress in the banking industry – including a financial services professional qualification. Finance and banking apprenticeships offer plenty of lucrative opportunities and fast progression.
Engineering – National average salary: £23,199
Throughout the training, you could learn how to install networks and systems, assemble engines, perform hardware fixes or test tools and machinery. After completing this apprenticeship, you could specialise in various areas of engineering, such as: chemical, mechanical, civil, electrical, management or geotechnical.
Management – National average salary: £26,325
This is ideal for those who aspire to work in a corporate environment or manage a business. This apprenticeship could give you the chance to learn from a seasoned professional, like a Senior Operational Manager. Being successful could lead to you earning more during the apprenticeship.
If you’re ready to find out more, sign up to Apprenceship Network today!
