Apprenticeships For Employers
Why An Apprentice ?
We believe in developing People to fulfil their potential we aim to help candidates gain more Knowledge and Skills through industry leading qualifications whilst employers continually improve their service through outstanding staff.
Apprentices offer many benefits to employers, for example:
- Expand your team – Apprentices are a great way to bring young, new talented individuals into your business/organisation.
- Develop existing staff – An apprentice enables you to grow and develop current staff members.
- Increased efficiently – 81% of employers report an increase in productivity as a result of talking on an apprentice.
- Increased loyalty – Apprentices are very committed to repaying the support and guidance offered by the employer.
Non levy paying businesses
How levy effects you if your annual pay bill is below 3 Million.
Here is a breakdown of how the funding works
16 – 19 year olds
19+ years old (Co-investment)
Co-investment is when employers share the cost of training and assessing apprentices with the government.
Your organisation may need to pay some of the cost, but the government will pay the rest up to the funding band maximum. If the apprenticeship started:
After 1 April 2019, your organisation must pay 5%