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🤔 Assumption: Degree Apprenticeships are too expensive for businesses! 🙂 Fact: Businesses who pay the apprenticeship levy (wage bill over £3 million) are able to use their levy funds to cover the tuition costs of their degree apprentices. 🤔 Assumption: I’m a small business with a smaller wage bill, which means apprenticeships are not an option for me. 🙂 Fact: Employers who don’t pay the apprenticeship levy can still access funding support (up to 95%) to enable them to upskill an existing staff member or take on a new learner as a degree apprentice. 😀 Bonus fact: Levy paying employers can transfer some of their unspent levy funds to other businesses to help with the cost. 🌟 Sheffield Hallam’s National Centre of Excellence for Degree Apprenticeships supports close to 3,000 degree apprentices studying across 40 disciplines and subjects - more than any other provider in the UK! 🌟 We have just been nominated for the Educate North 2024 Apprenticeship Award, reflecting the work which has been done by NCEDA to promote the value of HDAs for learners of all ages and from different backgrounds. 💡 Want to find out more? Get in touch. Start the conversation today. https://lnkd.in/eZuykJ96

OVER £7M in APPRENTICESHIP FUNDS UP FOR GRABS! If you're an employer of any size (whether you are paying into the Apprenticeship Levy or not) keep reading! There's a massive pot of funds waiting to cover the cost of training for your team. The government's Levy Transfer Site has over 200 employers with transfers pledged of more than £7 million in unspent levy funds. That's a £7M+ opportunity to access high-quality apprenticeship programs and upskill your existing staff or hire fresh talent - without tapping into your own budget! You can find the Levy Transfer Site here https://bit.ly/3GtjXem I’ve also created this in a spreadsheet so you can access more easily here https://bit.ly/3vOaMlS This free online service allows levy-paying organisations like yours to: ·   Easily browse and apply to receive levy transfers to fund apprenticeships in your organisation ·   Find employers offering funds for the specific apprenticeship areas you need ·   Post any of your own unspent levy funds available for transfer Over 200 employers have already jumped on the chance to put £7M+ in funds to good use. Why not join them? Take advantage of this great chance to upskill your team through fully funded training programs.

Launched today 🚀 New Apprenticeship Levy Guide for Schools & MATs Discover how to use apprenticeships and levy funding to meet your staffing needs View guide https://lnkd.in/dNHT9ev7 #ApprenticeshipLevy

School and MAT leaders… …still unsure about how to properly utilise your apprenticeship levy funding? Worry no more! LMP Education have released this fantastic guide, to support you in making the most of apprenticeships to meet your ever increasing recruitment challenges. Just another piece of the incredible Supporting Education Group puzzle who, collectively, have you covered. #education #recruitment #apprenticeships #support #supportingeducationgroup #teachingpersonnel

🔍 Understanding the Apprenticeship Levy: Key Facts 🔍 Are you fully leveraging the Apprenticeship Levy to drive growth and innovation in your business? Here’s a quick guide: 1️⃣ Who Pays? Employers with a pay bill over £3 million contribute 0.5% to the levy. 2️⃣ Levy Funds Use these funds for apprenticeship training and assessment—just remember, they expire after 24 months! 3️⃣ Non-Levy Employers If your pay bill is under £3 million, you can access up to 95% government funding for apprenticeships. 4️⃣ Transfer Allowance Levy-paying employers can transfer up to 25% of their funds to other businesses, enhancing apprenticeship opportunities across your network. By understanding and strategically managing your levy funds, you can not only enhance your own workforce but also contribute to industry-wide skill development. Feel free to reach out or comment below for more insights or to share your experiences with apprenticeships. 🌟 #ApprenticeshipLevy #SkillsDevelopment #WorkforceTraining #UKBusiness #Training #LeadershipandManagement #BusinessServices #HealthandSocialCare #Childcare

The UCAS mission is to inspire and empower people to make aspirational choices about the full range of post-16 options. The inclusion of apprenticeships on the UCAS Tariff will enhance the visibility of pathways to higher education for apprentices, and support universities and colleges to understand apprenticeships alongside A levels, T Levels, and other Level 3 programmes of study. Following engagement with sector stakeholders from across the UK, UCAS has developed a model for allocating Tariff points to apprenticeships that we believe meets the aims and guiding principles of the project, as set out in the engagement document. UCAS now wants to take the views of the wider sector on this model. After reviewing responses to the public engagement exercise, it is hoped that UCAS Tariff points for apprenticeships will be available for providers to consider when assessing applications to higher education from September 2024 onwards. UCAS are inviting all interested parties for responses between Thursday 23 May 2024 until Thursday 20 June 2024. All feedback received will be reviewed and a formal announcement on the outcome will be made in the summer. Any questions please contact qualsinfo@ucas.ac.uk. https://lnkd.in/eGggd8mq

Have a read of this interesting article if you have a minute! Concerning statistics around the significant demand for UK apprenticeships and the lack of current availability, and interesting reforms proposed to address this.

Did you know your Apprenticeship Levy pot can be used to develop your existing staff?!? 😲 In the UK, employers invested around £42.0bn in training each year, with an average spend of £1,530 per employee, according to 2020 government figures. Upskilling through an apprenticeship, means these training fees are either entirely pre-paid through your Apprenticeship Levy contributions or 95% funded by the government! Head over to this blog post to read all about the benefits of training existing staff 👉 https://lnkd.in/eetGiter #staffdevelopment #cpd #training

Did you know your Apprenticeship Levy pot can be used to develop your existing staff?!? 😲 In the UK, employers invested around £42.0bn in training each year, with an average spend of £1,530 per employee, according to 2020 government figures. Upskilling through an apprenticeship, means these training fees are either entirely paid through your Apprenticeship Levy contributions or 95% funded by the government! Head over to this blog post to read all about the benefits of training existing staff 👉 https://lnkd.in/eetGiter #staffdevelopment #cpd #training

Fully funded apprenticeships for small business launched The government will fully fund apprenticeships for small and medium sized enterprises (SMEs) with a £60m investment in up to 20,000 training places From April 1, small businesses can get their apprenticeships fully funded by the government for trainees aged up to 21, cutting costs for firms and supporting higher education providers. The government will also increase the amount of funding firms paying the apprenticeship levy can pass onto other businesses from 25 per cent to 50 per cent, in a boost for SMEs. The small business move is backed by an additional £60m of new government funding for next year. Since 2010, 5.7 million people have started an apprenticeship.