Presentation is loading. Please wait.

Presentation is loading. Please wait.

Apprenticeships – Where are we now? Anthony Mills East Durham College

Similar presentations


Presentation on theme: "Apprenticeships – Where are we now? Anthony Mills East Durham College"— Presentation transcript:

1 Apprenticeships – Where are we now? Anthony Mills East Durham College

2 What is an Apprenticeship
A job with training – new opportunity An opportunity to build on existing skills

3 Main changes under new system
The Apprenticeship Levy Apprenticeship content Employer contribution to training

4 Reasons for reform Introduction of standards to replace current model of frameworks The Apprenticeship Levy Mandated contribution from employers An ambitious Government target Improve quality of apprenticeships to give the same esteem as university

5 Levels of Apprenticeship
Advanced Apprenticeship Higher Level Apprenticeships (inc Degree level)

6 New Trailblazers and Standards
Written by employers to ensure relevance to sector and impact employer contribution towards cost of delivery????????? Assessed at end of training period by an independent assessment???????? Competence being assessed not just qualifications

7 Government’s idea regarding apprenticeship levy

8 The reality

9 The Apprenticeship Levy
All Employers with an annual wage bill of £3m will pay 0.5% of the total amount as a levy There will be a £15000 allowance annually Taken off at source by HMRC Employers will then have this as a ‘credit’ to allow them to buy apprenticeship provision

10 Annual Wage Bill x 0.05 = £24500 Allowance = £15000
Organisation Annual Wage Bill Bodge it and scarper Ltd £4.9M Annual Wage Bill x 0.05 = £ Allowance = £15000 Total Levy payable by Organisation £ £15000 = £9500

11 Mandatory Employer Contribution
For the first time employers will be required to make a mandatory financial contribution to training of apprentices Levy paying employers can use their ‘credit’ Non-Levy paying employers expected to pay towards training.

12 How will the system work for non-levy paying employers?
Agree content of apprenticeship Negotiate value of apprenticeship training with your provider (within funding band) Financial contribution directly to the provider Incentives still available

13 The new landscape Limited information from Government regarding the changes and reform Employers opportunity to drive changes apparent and is a theme throughout Paperwork, paperwork, paperwork


Download ppt "Apprenticeships – Where are we now? Anthony Mills East Durham College"

Similar presentations


Ads by Google