Unlocking Growth: Why real estate school-based traineeships are a smart choice!

24 April 2024

By Jessica Husband

Have you considered taking on a school-based trainee? These traineeships offer a unique opportunity for employers to invest in the future of the real estate industry while addressing their immediate workforce needs.

Through the REINSW school-based traineeship (SBAT) program, businesses can harness the potential of young talent, contributing to their own success and the growth of the real estate industry as a whole.

REINSW's dedication to supporting employers extends across every stage of the school-based traineeship process. Our experienced team provides comprehensive guidance on the duties and responsibilities associated with employing a trainee, ensuring that employers have a clear understanding of their role in the development of young talent.

Additionally, we prioritise communication by offering regular updates on learner progress, allowing employers to track their trainee's development and provide feedback as needed.

We recognise the intricacies of the program and offer assistance in navigating its complexities, whether it's understanding compliance requirements or addressing any challenges that may arise along the way. With REINSW by your side, you can confidently embark on the journey of nurturing the next generation of real estate professionals.

We have students who have already successfully completed the REINSW SBAT program this past year and other trainees who are currently participating in the SBAT program, eager to enhance their skills and advance their careers in the real estate industry.

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Benefits for employers

  • Overcoming skill shortages: As the real estate landscape evolves, the need for skilled professionals continues to grow. By taking on a trainee, employers can address skill shortages within their own workforce and contribute to building a pool of qualified professionals for the industry.
  • Investing in the future: School-based traineeships allow employers to nurture talent from a young age, providing them with valuable experience and skills that will benefit both the individual and the business in the long run.
  • Increasing profit and productivity: With proper training and guidance, trainees can become valuable assets to the business, contributing to increased productivity and ultimately, profitability.
  • Staff retention and recruitment: Investing in the development of young talent demonstrates a commitment to employee growth and can lead to higher staff retention rates. Additionally, hiring trainees can reduce recruitment costs associated with hiring experienced professionals.
  • Bringing in current knowledge: Young trainees often bring fresh perspectives and up-to-date knowledge of technology and trends, which can be invaluable in a fast-paced industry like real estate.
  • Staff engagement and motivation: Providing opportunities for growth and development can boost employee morale and motivation, leading to a more engaged and productive workforce.

*Fee free traineeships are subsidised by the NSW and Federal Government. View more information regarding fee-free traineeships or fees where you may not be eligible for a fee free traineeship under Smart and Skilled.

How school-based apprenticeships work

SBATs provide high school students with a unique opportunity to earn industry-recognised qualifications while gaining valuable work experience. Through a combination of paid employment and structured training, students can develop practical skills and knowledge directly relevant to their chosen field. This hands-on approach not only enhances their learning but also prepares them for a smooth transition into the workforce upon graduation.

The approval process for release days for employment and training is a collaborative effort between the student's school and their employer. This flexibility allows for customisation based on the individual needs of the student, ensuring they can balance their academic studies with their work commitments effectively. By empowering students to take ownership of their learning schedule, SBATs promote independence and time management skills, valuable attributes for success in both education and employment.

Eligibility criteria

To participate in a school-based traineeship, the trainee must:

  1. Be a full-time student enrolled in high school studies.
  2. Have their school’s agreement to undertake school-based training.
  3. Have an employer willing to train them in their workplace.
  4. Have parental/guardian permission if under the age of 18 years.

Training within SBATs is conducted by Registered Training Organisations, ensuring that students receive quality education and support throughout their apprenticeship or traineeship. This training can take place at various locations, including the student's school, their workplace, or a designated training facility. The versatility of training locations enables students to integrate their learning seamlessly into their existing schedule, maximising their opportunities for growth and development.

Additionally, completion of a National Training Contract solidifies the agreement between the student, their employer, and their school, providing a clear framework for their apprenticeship or traineeship journey. Contact Apprenticeship Support Australia for assistance with this contract.

School-based traineeships offer a win-win solution for employers looking to invest in the future while addressing immediate workforce needs. With support from REINSW and a commitment to nurturing young talent, businesses can unlock new opportunities for growth and success in the real estate industry.

Ready to harness the potential of SBATs for your real estate business? Contact us now to discover how REINSW can support you every step of the way.

 

       

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