Bringing Clarity to the Future of Apprenticeships
Apprenticeships have never brought more value to businesses across the region. They have been without doubt one of the success stories of the last five years and record numbers of employers have switched on to the benefits that young, motivated people bring to their organisation.
Apprenticeships are about to go through the most significant change in 20 years and we are committed to keeping our business network informed of all the changes.
- Do you feel you are fully prepared for the reforms regarding Apprenticeships?
- Are you aware of the impact that the Apprenticeship Levy and changes to funding will have on your business?
- Do you know how your organisation will benefit from government support by taking on Apprentice?
April will see the introduction of the Apprenticeship Levy. Employers with a wage roll of over £3 million will have to pay 0.5% of their payroll into the levy. There are also plans for Public Sector Employers to take on 2.3% of their workforce as Apprentices. There is a phased introduction of standards, which will replace frameworks and the introduction of the Digital Apprenticeship Service (DAS) which will handle the funding allocation for Apprenticeship training.
We recognise that this could be a confusing time for employers so have put together some resources to try and make the changes clear. Please explore the resources on the right which have come from our recent conference aimed at addressing these changes.
If you would like to speak to one of our Apprenticeship team regarding these changes, please call the Apprenticeship Hotline on 01392 400800, complete the form or email BusinessSolutions@exe-coll.ac.uk