Apprenticeships | Making Apprenticeships and the Growth and Skills Levy work harder for your organisation

The Growth and Skills Levy is a powerful tool which can be used for strategic workforce development.Through strategic levy planning organisations can enhance their workforce, supporting workforce transformation, leadership development and future skills needs. However, many levy-paying organisations are missing opportunities to maximise apprenticeship funding. In this article we will cover how you can make your Growth and Skills Levy work harder while using the power of apprenticeships.

Common misconceptions around levy funding

Apprenticeships and government funded training programmes are an often-misunderstood – here are some of the most common misconceptions and how to address these.

1) You must hire new staff to use the levy

While hiring new staff through apprenticeships is a fantastic way to make use of a range of employer incentives, apprenticeships are available for existing staff as well. Using apprenticeships as part of your CPD strategy helps to boost employee retention and develop internal skills and talent.