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Productivity and Lifetime Earnings of Apprentices and Graduates
This study, by the Centre for Economics and Business Research (CEBR) on behalf of Barclays, considers the value of apprenticeships to individuals, businesses and the wider UK economy. It reveals that the average gap in lifetime earnings potential between apprentices and graduates is just 1.8 per cent, with the average ‘Lifetime Earning Premium’ (LEP) difference for the two study paths at just £2,200.
Leadership Briefing 11.02(122)