Apprenticeships Levy: be prepared for the training revolution!

Lancashire’s business leaders have been urged to get themselves fully prepared in order to take advantage of massive changes to the way training and apprenticeships are funded.

Planning will be vital but experts also stress that some of the detail about the new levy scheme has yet to be confirmed by the government.

They have been organised by Lancashire Business View in partnership with the Lancashire Work Based Learning Executive Forum, the Lancashire Enterprise Partnership and The Lancashire Colleges, to help businesses understand what it means for them.

The event also heard that many UK businesses were still in the dark about the levy, with recent research by British Chambers of Commerce highlighting the fact 39 per cent of firms still had no understanding of it.

She said: “It’s about how you can take advantage and look at this as an opportunity to really expand your apprenticeship programme or, if you are starting from the beginning to really develop high quality and exciting apprenticeship programmes.”

These businesses will pay 0.5 per cent of their payroll costs to the HMRC on a monthly basis, after an initial £15,000 allowance.

Businesses that don’t spend their levy within 18 months will lose the cash form their account as it goes into a central pot.

Paula asked businesses to consider a series of questions, including: “Are your finance teams engaged with this? Are Higher Apprenticeships an opportunity?”

  • Develop a people plan
  • Review current training programmes and where occupations can be mapped to apprenticeships
  • Decide which programmes to deliver
  • Decide how to deliver an apprenticeship programme
  • Ensure your readiness to deliver

Karl Patterson, group HR manager, The Senator Group"We are struggling to see any benefits currently. Whatever way you cut and dice it, £135,000 is what we are going to have to pay out next year. "When it comes to 2017 budgeting it is how we sell this to the business; how are we going to spend £135,000 on apprentices? "If we see we can take strategic decisions about areas where we can bring in apprentices, at what level, and how we balance that with our spend - and can see the cost benefits there - that will help us."

Julie Dix, people development and training coordinator, Silentnight

"The challenge for me is finding out how much each apprentice framework or standard is going to cost, how long that is going to be delivered over and how much money is going to be coming out of our levy pot."

"There is not enough access to information right at the moment. We’ve already gone through the process we do every year of looking at where the skills gaps are and where we need to bring in an apprentice. That side is already in place."

Dr Michele Lawty-Jones, director Lancashire Skills and Employment Hub

"We have got 73,000 employees in Lancashire in manufacturing and engineering. Looking at some projections, from 2012-2022 around 21,000 are due to retire.

"Having the end assessment carried out by a third party is really useful to ensure we are driving up quality and making a difference in terms of the individual undertaking the apprenticeship."

John Cramphorn, JTL North West regional manager, Lancashire Work Based Learning Executive Forum

"Apprenticeships is a successful brand; it has worked for many, many years. It has been developed further by employers using your standards. You are in the driving seat. Standards are being driven by employers.

Enjoyed this? Read more from Lancashire Business View

Latest news

1

Group outlines multi-million-pound regeneration plans for Preston Preston 35 Launch

Group outlines multi-million-pound regeneration plans for Preston

26 Jul 2024

2

County council's scaleup support creates more than 100 jobs Scaleup Leaders Network Participants 2022

County council's scaleup support creates more than 100 jobs

26 Jul 2024

3

Behind the scenes of Root Fifty-Two's Pendleside Hospice refreshed brand Pendleside – 2 (1).jpg.jpg

Behind the scenes of Root Fifty-Two's Pendleside Hospice refreshed brand

26 Jul 2024

4

How to build mental strength How to build mental strength .png.png

How to build mental strength

26 Jul 2024

5

How to be better than your biggest competitor Neil Burrows 2024 2

How to be better than your biggest competitor

26 Jul 2024

Bec Web Strip 980x120
Background image for hub sign up block

LBV Hub

Leverage Lancashire Business View platforms

Post your news
Post your events
Post your offers
Build your network
Improve your SEO
Gain coverage in the magazine
Sign-up
Events
Lancashire Built Environment Conference
BEC 315 X 315 Px
Networking
25 Sep 2024

Lancashire Built Environment Conference

Conference and Exhibition Centre, Winter Gardens Blackpool, FY1 1HL

08:30 - 13:00

RISE - The Academy for Female Leaders and Managers
WENDY BOWERS RISE Illustrstion copy.jpg.jpg
LBV Hub Seminars
11 Jun 2024 - 04 Dec 2024

RISE - The Academy for Female Leaders and Managers

East Lancashire Chamber of Commerce, Clayton le Moors, BB5 5JR

09:00 - 16:30

Skills Bootcamp in Procurement - Cohort 1
Blue-Modern-Land-Travel-Youtube-Thumbnail-2-1024x576.png.png
LBV Hub Seminars
30 Jul 2024 - 08 Oct 2024

Skills Bootcamp in Procurement - Cohort 1

Community & Business Partners CIC, Blackburn, BB2 3UA

09:30 - 13:00

Preston Freelancer MeetUp and Coworking Day
Screenshot 2024-06-13 at 13.55.10.png.png
LBV Hub Networking
30 Jul 2024

Preston Freelancer MeetUp and Coworking Day

Society1 Coworking Space, Preston, PR1 3LT

10:00 - 12:00

Scaling your revenue: From zero to £1m in 60 months
CBP-logo LBV.png.png
LBV Hub Webinar
31 Jul 2024

Scaling your revenue: From zero to £1m in 60 months

Online, Online, Online

08:00 - 09:30

Chamber Breakfast Networking
Chamber Logo1.png.png
LBV Hub Networking
31 Jul 2024

Chamber Breakfast Networking

Pye Motors, Morecambe, LA3 3PF

08:00 - 10:00

International Coworking Day Open Day
1.png.png
LBV Hub Social
09 Aug 2024 - 09 Aug 2024

International Coworking Day Open Day

Society1 Coworking Space, Prestin, PR1 3 LT

10:00 - 13:00

Knowledge & Networking: Basic Digital Marketing
Chamber Logo1.png.png
LBV Hub Seminars
12 Aug 2024

Knowledge & Networking: Basic Digital Marketing

Lancaster Golf Club, Lancaster, LA2 0AJ

14:00 - 13:00

Sub36 Networking Event - The Bee Centre
Sub36 Socialbee Centre
Networking
15 Aug 2024

Sub36 Networking Event - The Bee Centre

The Bee Centre, Chorley, PR6 8LZ

15:00 - 17:00

Understanding Menopause
menopause.png.png
LBV Hub Webinar
15 Aug 2024

Understanding Menopause

x, Online, x

12:30 - 13:15

Mini Networkers - Family Fun Morning
CBP-logo LBV.png.png
LBV Hub Networking
16 Aug 2024

Mini Networkers - Family Fun Morning

Community & Business Partners CIC, Blackburn, BB2 3UA

10:00 - 13:00

Morecambe Bay Walk 2024
bay1.jpg.jpg
LBV Hub Fundraisers
17 Aug 2024

Morecambe Bay Walk 2024

Sets off from Arnside, Carnforth, Cumbria Finishes at Grange Promenade, Kents Bank, Arnside, LA3 3LL

15:00 - 17:30

Advertise with us

Reaching 50,000 members, our print, digital and event platforms offer a fantastic way to raise your business profile and help you grow.

Find out more LBV116 Online Graphic
Subscribe now

Weekly news bulletin