Any funds you don’t spend on apprenticeship programmes will expire after 24 months; for example, funds paid in May 2017 expired in May 2019.
In this 2-minute video, apprenticeship expert Dr. Sean McCready explains the apprenticeship levy and how to make it work for your organisation.
You can only spend your levy funds on apprenticeship training and assessment for employees who work at least 50% of the time in England.
The training and assessment must be delivered by a provider that’s approved by Register of Apprenticeship Training Providers, such as ICS Learn.
You can’t spend your levy on anything outside of this, such as your apprentice’s salary, admin costs, non-apprenticeship training, or travel expenses.
Apprentices can be:
Current staff or new starts
In entry-level, mid-level or senior roles
Any age as long as they’re over 16 – there’s no upper limit
Disclaimer: All figures are estimated annual amounts for illustrative purposes only. The exact amounts may vary, for example if your organisation is part of a group.
of employers say apprenticeships benefited their organisation
are happy with their apprenticeship results
plan to continue their apprenticeship programme
of employers recommend apprenticeships
The Centre for Economics and Business Research found that organisations achieve an average positive net gain of £1,670 per year for each apprentice, rising to £13,824 for management apprentices. Plus, each long-term apprentice delivers increased productivity worth roughly £10,000 per year.
First, register with the Digital Apprenticeship Service (DAS). This will let you see your levy funds, add and manage apprentices, and pay training providers.
Speak to your HR team, finance department and other stakeholders to decide how to use your levy. Can you solve any skills gaps or weaknesses in your talent pipeline?
Decide if you’d like digital or classroom training, and choose your training provider. They’ll be able to advise you on setting up apprentices and managing your levy.
Ensure your finance team is prepared and equipped to reconcile levy payments and training provider payments.
Decide who will be an apprentice. Remember, apprentices can be current employees too – do you want to develop current staff or hire new talent?
We provide digital-first, fully supported apprenticeships that use self-directed online learning to maximise flexibility for your organisation.