Employer Costs & Funding

As of the 6th April 2017, the way the government funds apprenticeships in England changed.

Small & Medium Employers

Employers with a salary bill of under £3 million a year are now required to make a 10% contribution to the cost of apprenticeship training and the government will pay the remaining 90%. You will pay the 10% directly to a provider such as Shipley College in monthly payments over the length of an apprenticeship with an agreed payment schedule. As you and the government make a payment, it is called ‘co-investment’.

For more information see Apprenticeship Levy information for Small & Medium Employers (With A Salary Bill Of Under £3m)

Employers with fewer than 50 employees can receive additional financial support- please Contact our Business Development Team who can help you with this process.  

Large Employers

Employers operating in the UK, with a salary bill over £3 million a year, are now required to contribute to a new Apprenticeship Levy. Employers can then access funds to train existing staff as well as new apprentices.

For more information see Apprenticeship Levy information for large employers (With a pay bill of more than £3 million)

The Apprenticeship Levy has beed will not affect any apprentices who started an apprenticeship programme before 1st May 2017.

For more specific information you can also see Gov.uk 

You can find information regarding:

CONTACT OUR BUSINESS DEVELOPMENT TEAM

WE CAN DISCUSS WITH YOU THE COSTS ASSOCIATED WITH OFFERING APPRENTICESHIPS AND THE APPRENTICESHIP LEVY OR ANY OTHER QUESTIONS YOU MAY HAVE REGARDING APPRENTICESHIPS OR TRAINING AND DEVELOPMENT OPTIONS.  

Our professional, friendly staff will be happy to provide you with further information or visit you at your place of work.

Contact the Business Development Team.

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