Recruiting apprenticeships is the same as recruiting for any other role. Our employer engagement team can put you in contact with the right provider, who will be able to assist you with the process and reduce the demands on your time.
The apprenticeship lasts for as long as the qualification takes to complete, which is dependent on the level.
Afterwards, you will have a capable and qualified individual who has the required skills for your business and who you may wish to make a permanent member of staff - why let any other company benefit from your investment of time and money?
The Apprenticeship levy was introduced in April 2017 and requires all employers operating in the UK, with a pay bill over £3 million each year, to make an investment in apprenticeships. You can benefit from this investment by training apprentices.
The levy is charged at a rate of 0.5% of your annual pay bill and provides employers with an allowance of £15,000 per year to offset against the levy. Here you can find out more about calculating what you pay.
The levy is paid to HM Revenue and Customs (HMRC) through the Pay as You Earn (PAYE) process.
Funding will roll over if not spent each month but will expire 24 months after it enters your digital account.
If you are not a levy payer, you are still be able to access some government funding for part of the costs but you will also need to make a payment as a ‘co-investment’.
Local training providers and the City of Wolverhampton College have funding available to support you in accessing funding for an apprenticeship
If you have fewer than 50 employees
The government is offering support to small employers (those with fewer than 50 employees) to recruit young apprentices and will pay 100% of the training costs for these individuals. In addition to this, they are extending this offer to small employers who take on a 19 to 24-year-old apprentice who was formerly in care or has a Local Authority Education, Health and Care plan.
The government will pay £1,000 to you as a non-Levy-paying employer recruiting a 16-18-year-old or a 19 to 24-year-old apprentice who was formerly in care or has a Local Authority Education, Health and Care plan.