The government has implemented new apprenticeship funding policy changes. This means that apprenticeships are even better value and can save you even more money.
What you need to know as a small business
The government now pays 95% of apprenticeship training costs. This means you only have to invest 5% of the apprenticeship training cost. And with our Accounting Technician Level 4 apprenticeship band now at £8000, you would only have to pay £400 to train a Technician. Or £1050 to train a Professional Accountant with our Level 7 apprenticeship.
You can also receive a funding transfer from a big levy-paying business to facilitate your apprenticeship training needs. A big business can now transfer up to 25% of their annual apprenticeship funds straight to you.
So if you’re one of the businesses that tell us they're finding recruitment difficult and training costs are escalating, and that it’s hard to find the right people with the right skills, apprenticeships are a simple and effective solution for you. They are an easy and low-cost way for you to recruit fresh talent and upskill your existing employees. Apprenticeships are so flexible and cost effective - more and more businesses are switching onto what is essentially free training to fill your skills gap.
So why not boost your talent and your business with our funded apprenticeships? Browse our apprenticeship materials on LinkedIn for easy access to learn more.
