1 / 9

Young Workers Engagement Project The Apprenticeship Levy

The Young Workers Engagement Project aims to address the problem of UK's lagging productivity and decreasing investment in training by promoting the apprenticeship reforms and the Apprenticeship Levy. This project educates employers and trade unions about the benefits of apprenticeships and encourages their active involvement in creating opportunities for young workers. By supporting learning and qualifications, this project aims to ensure a fair distribution of apprenticeship training and prevent potential negative consequences for non-apprenticeship training and existing workers.

htatum
Download Presentation

Young Workers Engagement Project The Apprenticeship Levy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Young Workers Engagement Project The Apprenticeship Levy

  2. Opportunity Growth Support Learning Qualifications What’s the problem? UK productivity lags behind other developed economies… … and employers are investing less in training

  3. Opportunity Growth Support Learning Qualifications Apprenticeship reforms • The government is committed to significantly increasing the quantity and quality of apprenticeships in England to reach 3 million starts in 2020: • Institute for Apprenticeships-a new independent body established by government andled by employers to support and regulate quality apprenticeships • Trailblazers- a group of employers who work together to design new apprenticeship standards for occupations within their sectors. • Legal Protection- the definition of an “Apprenticeship” will be legally protected and must meet recognised standards. • Targets for public sector bodies – public sector must aim to have 2.3% of its workforce comprised of apprenticeships.

  4. Opportunity Growth Support Learning Qualifications The Apprenticeship Levy • The Apprenticeship Levy will be a levy on UK employers to fund new apprenticeships • Any UK employer, in any sector, with a pay bill of more than £3 million per year is liable to pay the levy. • Anallowance of £15,000 to offset against levy liability • Employers in England who pay the levy and are committed to apprenticeship training will be able to get out more than they pay into the levy, through a 10%top up to their digital accounts. • Funds expire after 24 months.

  5. Opportunity Growth Support Learning Qualifications Levy calculation • Employer of 250 employees, each with a gross salary of £20,000. • Pay bill: 250 x £20,000 = £5,000,000 • Levy sum: 0.5% x £5,000,000 = £25,000 • Allowance of £15000: £25,000 - £15,000 = £10,000 annual levy payment • £833 per month + 10% top up = £916

  6. Opportunity Growth Support Learning Qualifications Digital Account • Find the Apprenticeship Framework / Standard that fits your business. • Choose an approved training provider and assessor. • Register a secure account and manage your Levy funds. • Negotiate cost of training and set up payments to training provider. • Advertise Apprenticeship vacancy.

  7. Opportunity Growth Support Learning Qualifications Trade Union Opportunities • Reclaim Training & Development in the workplace as a Trade Union issue through ULRs • and Learning Committees. • Recruitment of young workers coming in to the workplace through an apprenticeship programme which is approved and supported by GMB reps and ULRs. • Recruitment of existing workforce who receive apprenticeship training as a result of GMB involvement.

  8. Opportunity Growth Support Learning Qualifications Trade Union Opportunities • Ensure that members get a fair share of the training opportunities created by the Levy. • Help members to negotiate training opportunities which will improve their employability and self development.

  9. Opportunity Growth Support Learning Qualifications If we don’t get involved! • Non Apprenticeship training reduced. • Unfair distribution of Apprenticeship training. • Budget cuts to offset the cost of the Levy. • Potential changes to T&Cs of existing workers as the become Apprentices.

More Related