Last week employers met at the ‘Tap into Top Talent’ business breakfast to hear about the Government’s proposed extensive changes to apprenticeships and their commitment to 3 million apprenticeship starts by 2020. As well as having the opportunity to meet with employers who are committed to growing their own talent through the apprenticeship route, employers were signposted to the latest sources of information on the Employer Levy, the targets which will be imposed on the Public Sector, the new apprenticeship standards which replace apprenticeship frameworks and the mechanisms which underpin everything. Links to this information can be found at the bottom of this page.
Since ‘Tap into Top Talent’ there have been more announcements and information.
Government 10% Top-up announced in The Budget
This week George Osborne announced that the government will apply a 10% top-up to monthly funds entering levy paying employers digital accounts, for apprenticeship training in England, from April 2017. Therefore all funds entering a levy payer’s account will be increased, with every £1 will be increased to £1.10 in value.
Frequently Asked Questions
The proposed changes to Apprenticeships from 2017 are significant, quite complex and far-reaching including funding and incentives, delivery and direction, content, infrastructure etc. Select this link Apprenticeship Levy questions answered
Detailed and official information
New a short PowerPoint: Apprenticeships Levy Stakeholder Slides 14-03-2016