The Apprenticeship Levy
With effect from May 2017, all employers with a pay bill of more than £3 million a year will pay a 0.5% levy to the government to fund the growth of apprenticeships in the UK.
For example, a company employing 1,500 people will contribute approximately £215,000 directly to the Levy pot.
Clearly, you will want to be able to access your money so you can spend it on training that adds value to your business.
Can I use this Levy pot to develop our leaders and managers?
Yes, provided you use a training company such as Developing U, who are registered with the government’s register of apprenticeship training providers (RoATP).
Developing U is a high quality and well established training provider working in association with the Chartered Management Institute to provide creative and business driven apprenticeships which make a real difference to quality and profitability of your organization.
Our apprenticeships focus on working in partnership with you to provide bespoke training and development opportunities designed to make a real difference.
Let me give you an example:
You are a company who have a number of Managers/Supervisors that are ready for management development.
You would like to use the Apprenticeship Levy to fund their development.
You want a programme that develops practical management skills via a mixture of workshops, coaching and on line learning and you are keen to be involved in their development.
You want to see measurable change in your organization as a result of the apprenticeship programme
You would be keen to support a programme that leads to a recognised management qualification (e.g. CMI Level 5) with the only Chartered Management body in the UK.
As long as there are sufficient funds in your Levy pot the full costs of such a programme are likely to be fully covered.
Would A Phone Call Help?
We would be delighted to speak to you.
Even if you’re not sure what you need yet, a quick phone call might help to determine what’s most important to you and whether we are a fit for your managers and organisation.
Click here to drop us a quick note and we’ll give you a call at a time which is suitable to you.