The Apprenticeship levy is here to stay, but with so much of the funding still untouched, how can organisations utilise the remaining funds to ensure that they are fully investing in their employees?
£3 billion of Apprenticeship funding still remains unspent, and UK businesses are at risk of missing out on an invaluable opportunity to upskill their workforce.
Once the domain of early years careers teams, Apprenticeships now offer development opportunities for your
entire organisation.
The Apprenticeship Levy, in conjunction with the move from Apprenticeship frameworks to industry led standards, introduces new opportunities to access learning with a wider variety of programmes. Masters Level degrees and professional development qualifications can now be included, and Business Improvement, Digital Marketing, IT, Cyber Security, and Software Development programmes have been created.
With cross party support in Westminster, the Apprenticeship Levy is here to stay. For large organisations, the Levy is a significant amount of money, but many have found that traditional off-the-shelf programmes are not suitable for their employees. As a result, some have chosen to ignore the opportunity, meaning a significant part of the levy will soon start to return to the public pot.
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