What is the apprenticeship levy?
It is a government levy paid by all employers with a pay bill in excess of £3 million, set at 0.5% of the pay bill. The University can draw down this funding to either upskill existing employees or to train newly employed apprentices.
How can you turn the levy in to an opportunity for your department?
- You can upskill your current experienced staff and support their skills development for future needs
- You can bring in fresh, talented, new staff and and provide them with training to help grow your department
Using Levy funded apprenticeships can help nurture expertise within the University as well as help produce operational change to improve productivity.
Apprenticeships may provide positive benefits, such as encouraging personal and professional development, engaging staff and reducing staff turnover, resulting in a more motivated and satisfied workforce.
| You can spend levy money on | You can't spend levy money on |
|---|---|
| apprenticeship training | apprentice/staff wages |
| apprenticeship end-point assessment | statutory licences to practise |
| equipment used to achieve the apprenticeship framework | travel and subsidiary costs |
| accommodation costs for residential modules | traineeships |
| Registration and examination (including certification) costs associated with mandatory qualifications can be claimed | work placement programmes |
| cost of setting up or running an apprenticeship programme | |
| managing agents and those providing a brokerage service to an employer | |
| supervision and management costs |