AXA’s apprenticeship schemes will target more mature learners

Insurer AXA’s newly published apprenticeship figures show an investment of £2.3million on over 226 apprenticeships over the past two years. A third are new hires, while two thirds are classed as “business learners” – existing AXA employees who have taken on apprenticeships to further their career development.

The majority of apprentices are current employees of the insurer, and there is still a disparity when it comes to age. Just over half are aged between 20 and 29, while 21 percent are 30-39 and 9 percent are 40-49 years old. Fewer than 1 percent are over the age of 50. Only 28 percent of apprenticeships are currently held by senior members of staff, which includes professionals, senior professionals and leaders.

The company said it plans to increase the amount of mature employees and business learners taking part in apprenticeships. It is introducing new schemes to current staff which will not only help develop their skills but also increase their potential to receive larger pay packages.

“Here at AXA we have seen first-hand the benefits of apprenticeships for a diverse range of staff, from new hires to established colleagues, to school leavers and those looking to change or advance in their careers,” said Dawn Keijzer, apprenticeship & professional qualifications manager, AXA UK. “At a time where some are debating the success of the Apprenticeship Levy, we have seen a significant increase in the amount of staff wanting to enrol in an apprenticeship as well as new joiners choosing AXA because of the ability to learn while they work. However, we believe increased diversity, better flexibility and liaising with the government where possible on how we can improve the current system will open up these opportunities even more.”

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