Apprenticeship Reforms and Key Information for Employers
Apprenticeships benefit employers and individuals, and by boosting the skills of the workforce they help to improve economic productivity. The Apprenticeship Reforms will support an increase in the quality and quantity of apprenticeships so that more individuals have the chance to pursue a successful career – whether this is their first step on the employment ladder or progression within a current employer or sector.
The apprenticeship reforms give employers more control over designing, choosing and paying for apprenticeship training. The government will double the annual level of apprenticeship spending between 2010-11 and 2019-20 to £2.5bn, which will be funded by the new apprenticeship levy. The levy will be paid by employers with a pay bill of over £3m from April 2017, less than 1.3% of employers in the UK.
Information on the apprenticeship reforms and how they will affect your business can be found by clicking on the following links: