Preparing for the APPRENTICESHIP LEVY: What does HR/ L&D & Finance Need to do?
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A simple guide for the Human Resources, Learning & Development, and Finance team for any business that needs to prepare for the apprenticeship levy.
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Preparing for the APPRENTICESHIP LEVY: What does HR/ L&D & Finance Need to do?
- 1. In Preparation for the Apprenticeship Levy –What does HR/L&D & Finance need to do? (1) Confirming how much their levy contribution is going to be. (2) Understanding how their staff breakdown across the UK will impact on levy contribution and what is accessible via the English Apprenticeship Service account. (3) Confirming if their current apprenticeship provision will all be eligible for funding from the levy.
- 2. (4) Looking at options to expand their current apprenticeship programmes they offer. (5) Looking at what, within their current L&D budget, could be delivered through an apprenticeship. (6) Looking at their current workforce to see who would be eligible to receive apprenticeship training.
- 3. (7) Looking at how they can use their levy in their supply chain or other organisations. (8) Looking at the option of becoming a Registered Employer Training Provider. (9) Analysing skills gaps, future skills needs and ‘hard to fill’ vacancies, to see how apprenticeships could be used as part of a wider Strategic Workforce Plan to tackle these business issues. (10) Build and grow their Apprenticeship Strategy.