The apprenticeship levy, which came into effect in April 2017, means businesses with payroll costs in excess of £3 million a year must pay 0.5% of their payroll bill in the form of the levy minus a £15,000 allowance. Businesses with payroll bills below that figure only have to contribute 10% of the cost of an apprenticeship.
New apprenticeship standards place more responsibility on the employer with engagement a key element of the framework. In the past qualifying the apprentice fell squarely on the shoulders of training providers, now employers need to be involved in the process and take a more pronounced and audited mentoring role.
To find out more about the training see our course enquires section.