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Wednesday 22nd November 2017
An article published by the Times Educational Supplement in September stated that young people may be missing out on Apprenticeship training.
The article highlights that as a result of the reforms, many employers will be using their levy to train existing employees. It is predicted that more than half of apprenticeships will go to those aged 25 and over.
Katy Urwin, Director of Apprenticeships at North Warwickshire and South Leicestershire College discusses these findings and what the incentives are for businesses employing younger Apprentices.
“The first point to note from these findings is that the statistics are described as experimental and only refer those organisations paying in to the levy (feweek.co.uk).
“They do however give an indication that many businesses, especially those with PAYE bills over £3 million are looking to upskill current staff members.
“The recent reforms have opened up Apprenticeships to people of all ages meaning that many can now access Apprenticeship funding to progress their career or even re-train in a different sector, providing they do not hold an equivalent qualification in their field.
“In terms of choosing where to direct Apprenticeship training, this will depend on what is right for an individual business. For some, the best option will be to upskill current staff members, others will be looking to recruit new talent.
“For those looking to recruit an Apprentice aged 16-18, a number of incentives are available depending on the size of the organisation:
“Levy payers: those whose annual PAYE bill is £3million or over, will receive a £1000 payment.
Non-levy payers: These organisations will also receive a £1,000 payment.
Small businesses: those with fewer than 50 employees: “The 10% contribution for Apprenticeship training will be waivered and the government will pay 100% of the costs.
“The main focus of the reforms was for businesses to have a main steer into how Apprenticeships are designed and delivered. The funding available will hopefully allow businesses of all sizes to utilise Apprenticeship funding to benefit both business success and the success of the individual learner.
“As a training provider we offer a recruitment service to support businesses throughout the process, ensuring only the best candidates are selected for interview.”
To find out more about employing an Apprentice, including information of funding available, contact the College’s Business Development Team click here, email firstname.lastname@example.org or call 024 7624 3000