At last count, we are told there are 1 million young people out of work in the United Kingdom and that despite this figure we are still accepting low skilled workers from other countries to fill some of our country’s vacancies.
At 2 Rivers Property Management , this seems like madness and begs the question of how much the country’s businesses, both large and small are willing to invest in our young people.
From 6 April 2017, i.e. the new tax year, employers operating in the UK with an annual pay bill of more than 3 million will pay the apprenticeship levy. For levy-paying employers, guidance for accessing funds raised in levy can be found here.
If you are a non-levy paying employer 90% of your apprenticeship training and assessment costs in England will be paid for by the government. 90%! Is this not reason for all of us to be taking a young person, in their chosen career, under our wing to help them get the training and work experience we all need to get a start in life?
Advice from the IRPM is as follows:
- Start planning how you could use apprenticeships in your organisation.
- Read the updated guide for employers on how you will pay the levy (if required), access the digital system and pay for apprenticeships in future.
- Use the online tool for employers to calculate your levy contribution, begin to consider your training, and estimate what you will have available to spend on apprenticeships.
- Sign up for more information – Register for web alerts to receive notification when new information on apprenticeships is published.
If you have had a bad experience with apprenticeships the government has set out a programme of reform. To underpin these, the Institute of Apprenticeships will be established as an independent body to act as the guarantor of the integrity of the apprenticeship system, with a mandate to assure quality and provide objective advice on future funding for apprenticeship training. The Institute will advise on the maximum level of government funding available and is expected to commence it’s work in the summer.
Not yet mentioned, one word to young people. For some years, you have been led to believe that a good career begins with a university degree. You may be interested to visit Mike Rowe’s facebook page. This guy has made the wise observation that there is no need for you to get into the huge debt of a university degree, when a paying apprenticeship will serve just as well if not better if the skills and gifting you have does not need a degree to be developed. Debt is not cool, if you got into it just because well meaning adults told you, you need a degree to be a success.