The funding of apprenticeship standards and framework in England changed in 2017.
Large employers with a payroll bill of £3 million or more must now pay the apprenticeship levy. They can then access this money along with a 10% monthly top-up to fund apprenticeship training and development. Click to find out more about the apprenticeship levy.
For SME businesses with a payroll bill of less than £3 million, things are different. The Government pays 90% of total apprenticeship costs, with employers contributing 10%.
For those businesses with less than 50 employees, the Government will fund 100% of apprenticeship training for young people who are 16-18 years old.
We can talk to you in more detail about financial support and the changes to how apprenticeships are funded.
Q&AHow can an apprenticeship benefit my business?
Did you know, more and more employers are discovering the benefits of employing apprentices?
You might be one of the many companies out there to discover that embracing apprenticeships could be one of the best things you do.
Apprentices can help tackle skill gaps, injecting new talent and fresh ideas into your business to support its future growth and success.
Many apprentices become highly qualified and can go on to rise through the ranks to management level. They can be a real asset to your company. Apprenticeships offer a great mix of on-the-job training and academic-based learning to ensure candidates have the skills and experience that are right for your business.
What’s more, an apprentice doesn’t have to be newly recruited because apprenticeships are also a fantastic way to develop and up-skill existing members of staff.Are there different levels of apprenticeship?
There are different levels of apprenticeship:
- Intermediate apprenticeship Level 2 - apprentices gain the equivalent of five GCSEs at grades A-C
- Advanced apprenticeship Level 3 - apprentices gain the equivalent of two A-Levels.
- Higher apprentices Level 4-5 – apprentices gain the equivalent of a qualification such as a Foundation Degree.
- Degree-level apprenticeship Levels 6-7 – apprentices gain a degree-level qualification, helping to build
- the high-level technical skills needed for the jobs of the future
How long an apprenticeship takes to complete depends on the level of the apprenticeship, the ability of the apprentice and the industry sector. An intermediate Level 2 apprenticeship usually takes 12 to 18 months to complete, whereas an advanced Level 3 takes around 24 months.
Most intermediate apprenticeships (Level 2) take between 12-18 months to complete. Advanced apprenticeships (Level 3) usually take between 18-24 months and higher apprenticeships can take 2-4 years to complete.How do I recruit an apprentice?
By now you’re probably wondering how you go about recruiting an apprentice.
YH Training can sit down with you to discuss your options and the necessary next steps. We’ll help you decide what types of apprenticeship would work for your business and develop training to suit your needs.
We will then be able to assist you in recruiting a suitable apprentice.
Not only are apprenticeships are suitable for new recruits, but they can also be used to up-skill existing staff.What are my responsibilities?
As an employer, you’ll need to:
- Employ an apprentice for a minimum of 30 hours a week.
- Pay at least the National Minimum Wage (NMW) for apprentices (for those under 19 or in their first year of an apprenticeship). The NMW rate that applies to the age of the apprentice applies thereafter.
- Induct the apprentice and support their on-the-job learning.
- Be involved in reviewing progress with the training provider.
Apprentices are entitled to the same benefits as everyone else in the workplace, such as sick pay entitlement, at least 20 days paid holiday a year, pension and statutory maternity/paternity leave.Read More Q&A
Apprenticeships we deliver....
- Business Administration
- Customer Service
- Healthcare Support Services
- Performing Manufacturing Operations
- Team Leading and Supervisor
- Warehousing and Storage
What's going on?
A Level Results Day – Now What?
So, after Results Day, what’s next for you? What do you want to be? What do you want to do with your future? Some of you may have got a place at University but be having second thoughts. University is not for everyone and maybe you don’t want to be burdened by the debt associated […]Read More