What is the apprenticeship levy?
The Apprenticeship Levy is a fund given by the government to employers to encourage apprenticeship recruitment and to improve training and existing skills within workforces.
The levy is only payable to employers who pay an annual amount of £3 mil-lion through payroll, or have over one hundred employees. It is given to employers at a rate of 0.5 per cent of their payroll and is to be used on apprenticeship funding and training through a recognised training provider.
Why should I use the Levy?
- You can decide what skills would be beneficial to your business develop-ment and the apprentice employee you employ.
- Up-skilling your current workforce (click through to Upskill your Staff), for example, enrolling an administrator on a Level 4 Business Administration course to improve their skills in the role, or even to give a current employee the opportunity to complete a Leadership and Management course to set them up for promotion within your company.
- Many university graduates with existing skills are looking for apprentice-ships to gain experience, their transferrable skills could be beneficial to your business.
How can we help you with your levy?
At no cost to yourself we can advise you on how the levy works and guide you on the best way to invest it to benefit your business.
As part of this service we can help assess the needs of your business to as-certain the apprenticeship and training that will aid in its support and development.
We offer a free recruitment service to find excellent candidates and guide you in choosing the right training provider for you to ensure you are spending your levy effectively.
Once you have employed an apprentice we are available to offer support and advice to ensure the smooth transition of the apprentice into your working environment.
As we work in partnership with many Grade 1 Ofsted rated Training providers this enables us to equip your employees with the best training for your organisation.
We believe our candidates to be of an extremely high standard, due to the out-standing relationships we have with grammar schools, colleges and universities in various provinces.
360 Apprenticeships offers a free service, in which we are a not for profit organisation.
For more information on levy fill out the details below and a member of our team will contact you to discuss how we can assist you.