Apprenticeships are a vital tool in upskilling your workforce, increasing staff retention rates, confidence and productivity.
Far from focusing on just basic tools and techniques, apprenticeship programmes can provide even senior managers and leaders with powerful new tools that they can make immediate use of in the workplace.
Currently, the levy applies to employers with an annual pay bill of 3 million pounds or above.
Your levy funds must be used within 24 months of them entering your account and they must be used to fund apprenticeship training. They cannot be used to fund any other training activities.
What can employers spend their apprenticeship levy funds on?
Apprenticeship standards training, including programmes such as our:
Level 3 Leadership and Management Apprenticeship
Level 5 Leadership and Management Apprenticeship
These programmes can also be used to train new and experienced managers, ensuring industry-leading best practice for your leaders.
Operations manager
Regional manager
Divisional manager
Department manager
Specialist managers
And many more
The government has made no changes to the apprenticeship levy during the coronavirus outbreak. Funds will continue to expire if you do not use them within 24 months from the date they enter your account.
1. wages
2. statutory licences to practice
3. travel and subsidiary costs
4. managerial costs
5. traineeships
6. work placement programmes
7. the cost of setting up an apprenticeship programme
If you would like to learn more about our levy-aligned apprenticeships, or speak to our experienced team on how best make use of your levy funds, please contact us below or visit: https://fuellearning.com/apprenticeship-programmes
