Apprenticeship Levy Update

Apprenticeship levy update consultation

You can't have missed the news about this. The Government published a discussion paper giving information for all employers on the proposed apprenticeships funding support package that will operate in England from May 2017. It includes how much employers will be able to spend on each apprenticeship and the rules employers will need to follow.

The lists of individual apprenticeships show you the proposed funding bands that will apply from May 2017. It is important to note that this is a consultation and the final support package will be confirmed in October 2016.

Access to the survey is here. Headlines from the update include:

• No change for English and maths. Training providers received £471 for each of these qualifications, as now when an individual is working towards an apprenticeship standard. This will come direct from the government and will not be deducted from an employer’s digital account.
• STEM (Science, technology, English and maths) pathways will receive funding increases.
• The training costs of 16-18 years old in small companies will be fully met by Government with additional incentives for certain categories of apprentice.
• The Government will pay 90% of the additional costs when the "levy pot" has been used providing the employer meets the 10% in cash.
• Significant changes to funding rates, which are being replaced by negotiated rates.
• New training register will be compulsory.
• Employers can use levy funds to retrain workers in new skills, even if they already have prior qualifications.
• Large employers with have a "digital account" at launch.

Small employers will have to pay 10% of training costs

Produced by Jonathan Wells
ForSKills
Guroo 
And now NCFE too!