Are you a UK employer with an annual pay bill over £3m?
Announced by the Chancellor in the 2016 Autumn Statement, the Apprenticeship Levy is expected to supplement Government Apprenticeship funding by raising £3bn annually.
The Levy will require you to make an investment into apprenticeships, from which you can benefit by training existing employees or new recruits and by bringing high level professional and technical skills to your business.
It will be calculated based on total employee earnings, not including other payments such as benefit in kind. Every employer will receive a £15,000 allowance to offset the costs, which means that only 2% of employers will pay. Even with just a small percentage of employers contributing, the Government anticipates raising £3bn annually through the Levy.
Employers will be allocated funding via a digital voucher system, which can be used to purchase training from providers, giving them more choice and control over the training offered to apprentices. Ensuring that you make the right choice, and are informed in making that choice, will be important.
We’re delighted to announce that the Skills Funding Agency (SFA) revealed to us this week that we have been successful with our submission for the Register of Apprenticeship Training Providers (RoATP).
This is fantastic news because it means that we will be able to offer funded apprenticeships in our highly recommended program for ‘Improving Operational Performance’ Level 2 (IOP).
If you’re due to start paying the apprenticeship levy on April 1st 2017 and want to see how we could support your business or if you’re just interested in finding out more about the levy or our apprenticeship options then we’d love to hear from you so please get in touch.
The West Midlands Manufacturing Club had a full house at our ‘Lean in the Real World’ workshop which was held at the Wolverhampton Business Solutions Centre on Tuesday 14th March 2017.
This informative and interactive workshop was planned to help business understand the benefit of introducing Lean Tools and Techniques to the workplace and how it can help them to reduce costs, increase productivity and improve employee engagement through the introduction of Standardised working practices that are used by some of the world’s most successful businesses including Japanese Automotive, European Telecommunications and UK Aerospace.
20+ Black Country businesses attended the event which was the first in a series of Lean events to be held in association with the West Midlands Manufacturing Club and Complete Lean Solutions.
As result of this initial success further Lean Awareness Workshop dates have now been planned to take place at Business Solution Centres in Sandwell – June; Telford – September Wolverhampton November.
Great to meet with Heather Wheeler, the local MP for South Derbyshire, today.
Heather’s doing so much for business’s within her constituency, in helping them to improve their productivity and become more efficient.