Meeting the apprenticeship levy challenge

By Wendy Bates 2019-04-04T05:00:00

Businesses must widen their recruitment strategies and target specific skills gaps to take advantage of the apprenticeship levy reform

The apprenticeship levy is not perfect and it’s important that we continue to lobby for change. In the interim, however, we need to be proactive to maximise the current framework, keeping our doors open to all of society while targeting areas of greatest need.

The chancellor finally responded to widespread calls to reform the levy in last month’s Spring Statement, with measures that make it easier for businesses to spend levy funds. Levy-paying employers will be able to draw down up to 25% of their account to upskill their supply chains, while up to £5m is being provided to the Institute for Apprenticeships and the National Apprenticeship Service to support more employer-designed apprenticeship standards.

…

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community