Employers

• Employers say that qualified apprentices are 15% more employable than those with other qualifications;
• According to research published in June 2015, apprenticeships at Level 2 and Level 3 deliver £26 and £28 of economic benefits respectively for each pound of government investment;
• Apprenticeships boost productivity to businesses by on average £214 per week;
• Apprenticeships enable businesses to grow their skills base resulting in increased profits, lower prices and better products;
• 87% of employers said they were satisfied with their apprenticeship programme;
• 76% of employers say that productivity has improved;
• 75% of employers reported that apprenticeships improved the quality of their product or service

*Data taken from the DfE Apprenticeship Core Brief – November 2016

Large Employers

If you are a large employer with a payroll of more than £3M per annum you already pay into the Apprenticeship levy and any funding for training an apprentice can be met through the funds in your levy account. If this is the case or you want to learn more about the levy please contact one of our advisors below.

Small and Medium Businesses

For some employers there is a cost for the training of an apprentice. However, as there are now schemes available where large employers are able to pass some of their levy funding (see above) to other companies and there are incentives for very small companies who take on 16-18 year olds please contact one of our advisors for more detailed advice.

16-18 Year Old Apprentices

The government is providing incentives for employers who take on a 16-18 year old apprentice. Please contact one of our advisors to find out more.