The Apprenticeship Levy is part of the government’s plan to increase the quantity and quality of Apprenticeships. The Levy is a new tax which aims to fund three million new Apprenticeships in England by 2020. All UK employers who have a total employee pay bill above £3m a year will pay the Levy. This includes public and private sector, charities and educational providers such as academy groups and universities.If an orgnaisation has a pay bill less than £3m it will not have to pay to Levy.
In England, organisations will still be able to access government support for apprenticeships through other training providers.
You can buy-in from a provider or deliver the training yourselves, but the training must be delivered by an approved provider.
If you are a provider and wish to deliver Apprenticeships, your organisation needs to register as an approved provider and will be subject to Education and Skills Funding Agency (ESFA) quality arrangements and Ofsted Inspection.
As a non-Levy payer, you will have an annual pay bill of under £3 million. Non-levy paying employers will share the cost of training and assessing their apprentices with government – this is called ‘co-investment’. From May 2017, non-Levy paying employer will pay 10% towards to the cost of apprenticeship training with the government paying the rest (90%).
Every individual Apprenticeship framework and standard will be allocated to a funding band. The upper limit of the funding band will cap the maximum price that government will ‘co-invest’ towards. Bang 9 apprenticeships have a maximum price of £9,000. If an employer and training provider agree on a price of say £8,000, then the government would invest £7,200 (90%) and the employer would invest £800 (10%). This £800 could be paid by the employer to the training provider over monthly instalments.
Small employers, with an employment force of under 50 are entitled for the government to pay 100% of the apprenticeship costs. This is with the aim to encourage smaller companies to take on young employees and train them up within the workforce.
Apprenticeships on EDQuals
Our system houses everything you could possible need to run an apprenticeship with us. We have the ability to host any course that you wish, also with this you will be able to access the online support, this means that when you are doing the course online with us the learner or staff would have access to live support chat and video.
The EDQuals platform allows you to create an Apprenticeship e-portfolio, enabling learners to upload resources, documents and save these to a secure area within the platform.
As part of the new Apprenticeship standards some End Point Assessment (EPA) organisations will request a portfolio of evidence. The EDQuals platform allows you to colate all aspects of your Apprenticeship including course work, presentations, reviews, assignments and resources and export these to an EPA organisation as a complete e-portfolio.
Due to the use of individualised and unique user names and passwords employers can also access the platform to monitor and review progress and provide support and guidance to their Apprentices throughout the Apprenticeship journey.