Apprenticeships are accessible to any organisation, whether you have 3 employees or 3,000. There are several funding pathways available to give you access to apprenticeships and our team will be on hand to help you choose the right one.
To make understanding this easier, use our Apprenticeship Funding Quiz below to determine which funding option your business can utilise..
The UK Government introduced apprenticeship reforms in 2017 to boost the productivity of the UK economy and improve the skill level of our workforce. The introduction of the apprenticeship levy was to provide a pathway to fund apprenticeships in larger UK organisations.
It applies to organisations with an annual wage bill over £3 million; they are required to pay 0.5% of their annual wage bill into a digital Apprenticeship Service (AS) account. The only way to spend the funds in your Apprenticeship Service account is to invest in apprenticeships for your business.
If you choose not to use your levy funds, your account balance will be re-distributed to other companies to fund their training and development activities.
With over a decade of experience in apprenticeships, our team can help you utilise your levy funds to transform your business. Our team of experts can help you strategically introduce apprenticeships across your company and craft career pathways to introduce new talent to your workforce. We’ll also support you in setting up and managing your Apprenticeship Service (AS) account so you can stay on top of your levy funds.
Reach out to our team today to start effectively using your levy funds for your business.
If you have a question about your funding options, get in touch with our team today!
Apprenticeships are accessible to any organisation, whether you have 3 employees or 3,000. There are several funding pathways available to give you access to apprenticeships and our team will be on hand to help you choose the right one.
100% of the course cost is covered by the Education and Skills Funding Agency (ESFA).
95% of the course cost is covered by the ESFA and the remaining 5% is covered by your business.
If your annual wage bill is over £3 million, you’ll have an apprenticeship levy account where 0.5% of your annual wage bill goes towards funding apprenticeships.
Here are some of the most commonly asked questions about the apprenticeship levy:
The UK Government introduced apprenticeship reforms in 2017 to boost the productivity of the UK economy and improve the skill level of our workforce. The introduction of the apprenticeship levy was to provide a pathway to fund apprenticeships in larger UK organisations.
It applies to organisations with an annual wage bill over £3 million; they are required to pay 0.5% of their annual wage bill into a digital Apprenticeship Service (AS) account. The only way to spend the funds in your Apprenticeship Service account is to invest in apprenticeships for your business.
If you choose not to use your levy funds, your account balance will be re-distributed to other companies to fund their training and development activities.
With over a decade of experience in apprenticeships, our team can help you utilise your levy funds to transform your business. Our team of experts can help you strategically introduce apprenticeships across your company and craft career pathways to introduce new talent to your workforce. We’ll also support you in setting up and managing your Apprenticeship Service (AS) account so you can stay on top of your levy funds.
Reach out to our team today to start effectively using your levy funds for your business.
Use our Apprenticeship Funding Quiz below to determine which funding option your business can utilise…
Apprenticeships are accessible to any organisation, whether you have 3 employees or 3,000. There are several funding pathways available to give you access to apprenticeships and our team will be on hand to help you choose the right one.
100% of the course cost is covered by the Education and Skills Funding Agency (ESFA).
95% of the course cost is covered by the ESFA and the remaining 5% is covered by your business.
If your annual wage bill is over £3 million, you’ll have an apprenticeship levy account where 0.5% of your annual wage bill goes towards funding apprenticeships.
Here are some of the most commonly asked questions about the apprenticeship levy:
The UK Government introduced apprenticeship reforms in 2017 to boost the productivity of the UK economy and improve the skill level of our workforce. The introduction of the apprenticeship levy was to provide a pathway to fund apprenticeships in larger UK organisations.
It applies to organisations with an annual wage bill over £3 million; they are required to pay 0.5% of their annual wage bill into a digital Apprenticeship Service (AS) account. The only way to spend the funds in your Apprenticeship Service account is to invest in apprenticeships for your business.
If you choose not to use your levy funds, your account balance will be re-distributed to other companies to fund their training and development activities.
With over a decade of experience in apprenticeships, our team can help you utilise your levy funds to transform your business. Our team of experts can help you strategically introduce apprenticeships across your company and craft career pathways to introduce new talent to your workforce. We’ll also support you in setting up and managing your Apprenticeship Service (AS) account so you can stay on top of your levy funds.
Reach out to our team today to start effectively using your levy funds for your business.
Use our Apprenticeship Funding Quiz below to determine which funding your business can access..
If you have a question about your funding options, get in touch with our team today!
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