What is an Apprenticeship?
An Apprenticeship is a programme of learning that is designed to enhance an individual’s level of competency and confidence by developing their practical skills and knowledge. It can be used to upskill existing employees or to bring fresh talent into an organisation.
Our experience and expertise with Apprenticeships can help employers make real improvements to businesses, by:
- Reducing training and recruitment costs
- Increasing productivity and their bottom line
- Developing a skilled, motivated and qualified workforce
- Improving customer satisfaction
- Receiving financial return on investment
For small to medium-sized employers, our support teams provide the responsive and customer focused service needed to ensure a high-quality, tailored experience is delivered. For larger employers, our Corporate Account Managers offer continuous, dedicated and personalised support to meet the employers’ needs surrounding training and recruitment.
The Apprenticeship Levy
Funding rules are in place and require employers to either pay into a Levy pot or pay a contribution towards training and assessments.
What do Apprenticeships include?
Each Apprenticeship programme has its own Standard linked to a specific occupation - these are rigorous, challenging and require the Apprentice to undertake a minimum of one year’s training followed by an End-Point Assessment
(EPA).
The Apprenticeship Levy
The Apprenticeship Levy, introduced by the government in April 2017, puts employers ‘in the driving seat’ in terms of designing Apprenticeships in England.
The Apprenticeship Levy requires some employers to pay into a Levy pot:
• Employers with a paybill in excess of £3 million will pay into an Apprenticeship Levy at a rate of 0.5% of their annual wage bill
• Employers with a pay bill less than £3 million are required to contribute towards the cost of Apprenticeship training and assessment. The government will fund 95% of the agreed price and the employer will pay 5%.