Utilising Apprenticeship Funding to develop skills & drive performance
Apprenticeships are now set to play a crucial role in developing the future workforce, increasing productivity and driving growth in the economy. The Apprenticeship Reforms introduced in May 2017 brought significant changes in the way apprenticeships were funded, who was eligible to undertake them, and how they were designed, delivered and achieved.
Employers can now use apprenticeships not only to recruit and train college leavers, but also to develop existing employees of any age who need to further develop their knowledge and skills in order to increase performance and productivity.
So, what’s changed?
Changes in funding – Employers with a payroll of over £3 million per year must now pay an apprenticeship Levy which they can reinvest back into the workforce by enrolling their employees onto the new apprenticeship development programmes. Companies with an annual payroll of less than £3 million will only pay a 5% contribution to the costs of the new apprenticeships if they want to use them to develop their workforce. There are further funding benefits for those wanting to recruit and train a 16-18 year old.
Changes to eligibility and apprenticeship Levels – Apprenticeships are now available from level 2 (intermediate) to Level 7 (masters) and are accessible to all employees of all ages within the business structure, who require development, from trainees right up to the senior leadership team.
Changes to the apprenticeship design and structure – Apprenticeship programmes are now being redesigned by groups of employers called Trailblazer groups. The new programmes are called apprenticeship Standards, requiring Knowledge, Skills, and Behaviours to be achieved in a specific occupational area. In many cases the employer groups are incorporating highly credible professional qualifications which cover the knowledge requirement of the programme for example: ILM, CIPS, ARLA, IRPM, AAT, CIMA, ACCA etc making them a very attractive and cost effective way to develop the knowledge and skills of your workforce.
Changes to assessment methods – Apprenticeships are now end-point assessed by an independent organisation who is not the apprenticeship training provider, and have pass, merit, and distinction grading criteria. This has made them much more robust and credible and ensures that skills and knowledge gaps are tackled head on.
The Apprentice Academy offer a range of professional and office based Apprenticeship Standards:
To find more about our apprenticeship programmes, funding, and next enrolment dates please fill in our contact form here.
Apprenticeships for school and college leavers – Developing young talent
Hiring a school and college leavers is a productive and effective way for organisation’s to grow talent and develop a motivated, skilled and qualified workforce.
The Apprentice Academy’s Future Talent service, provides a tried and tested recruitment service for employers to promote their apprenticeship jobs. We attract high quality A-level and BTEC Diploma students leaving College in the summer, and carefully match them to Accounting apprenticeships jobs and Business Administration apprenticeship jobs.
Every year we place over 100 school and college leavers into Accounting apprenticeships and business administration apprenticeship jobs with Greater Manchester based employers. All these talented young people go through a proven assessment process, and then are carefully matched to the apprenticeship job requirements.
As an employer using our Future Talent Apprenticeship Service you will benefit from us:
- Providing you support to create the job description and person specification.
- Advertising your vacancy on our website, directly into schools and colleges, and the Recruit an Apprentice website.
- Carefully selecting and matching applicants, to eliminate wasting time on interviewing unsuitable candidates.
- Organising interview times and employment start dates.
- Meeting with the apprentice’s line manager before they start, to go over the programme and provide tips on ‘getting the best out of your apprentice’
- Providing your apprentice with a pre-induction day, and 2 day Bootcamp to best prepare them for the workplace.
- Developing your apprentice to ensure they are fully occupationally competent and confident by the end of the apprenticeship programme.
To find out more on how to recruit an apprentice contact us today on 0161 200 1673 or fill in the contact form here.