How You Can Prepare Yourself For the Apprenticeship Levy

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It won’t be long before the new Apprenticeship Levy comes into effect in April 2017.
For affected businesses, this is a great opportunity to tackle looming talent challenges such as skills shortages in key industries.

The Government want to see 3,000,000 Apprenticeship starters by 2020. So, the big question - are you ready?

If you feel as though you're going to be affected, you need to get on with your planning. Everyone will receive the call for contribution, so you may as well get something out of it.

Do you know what you need? If you don’t - here are a few considerations from Cohesion.


1. Skills Gaps
Do you know where your skills gaps are? Do you know where an ageing workforce may nigeria phone number resource cause you problems? What types of skills will you need in the near future? Are these skills currently covered by the apprenticeship framework? All of the above are relevant, important questions that you should be deliberating.

Currently, the Levy only covers England. But it may also be used across group companies; so, think about your current and future Talent cold spots!


2. Existing Talent
You can use the Levy to offer Apprenticeships to your existing workforce. It can even be used to fund Graduates who are acquiring new skills.

This is your opportunity to take a good look at your existing workforce and inject some future proofing!

Apprenticeships are due to become a legally protected term under the Enterprise Bill so that companies cannot use the Levy to pay for existing training. Investing in your existing team will also help you to retain talent, so make sure your development value proposition is easily accessible for your current employees, too.