The apprenticeship levy what does it mean for employers
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The Apprenticeship Levy
What does the Levy mean for your
business?
By Safaraz Ali
For comments & discussion:@SafarazAli
2. Want to learn more about partnering with us?
See our company page: https://www.linkedin.com/company/pathwaygroup
What does the Levy mean
for your business?
• Apprenticeships are now at the very top of
the Government agenda with the aim of
for providing employees with high quality
technical and vocational training, closing
widening skills gaps and increasing the
productivity of businesses across all
business sectors.
• From March 2017, larger employers with a
payroll in excess of £3 million will pay into
a mandatory levy pot at a rate of 0.5% of
their wage bill.
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See our company page: https://www.linkedin.com/company/pathwaygroup
Employer with Payroll in
excess of £3Millions
• Levy funding can only be spent with
approved high-quality training providers
such as Pathway College.
• If you are a larger sized employer, you will
need to find ways to create a tangible
return on any investment by partnering
with the right training provider to design
and deliver quality Apprenticeship
programmes that meet your business
needs and that can provide Apprentices
that bring real value to your organisation.
4. Want to learn more about partnering with us?
See our company page: https://www.linkedin.com/company/pathwaygroup
Smaller Employers with a
payroll of less than £3 million
• Smaller Employers will receive an allowance of
£15,000 and will therefore will not pay any Levy
contribution but will continue to pay their
Apprenticeship employer contributions, which will
be approximately one-third towards the cost of the
training of an Apprenticeship.
• As a provider that is currently delivering
Apprenticeship and working closely with SMEs to
maximise funding, Pathway College can guide you
through the process of accessing the Levy pot and
a range of financial incentives to make sure that
hiring Apprentices makes good business sense and
enhances your organisational capabilities.
5. Want to learn more about partnering with us?
See our company page: https://www.linkedin.com/company/pathwaygroup
Final Message
• Whether you are an SME or a larger
business, you need to speak to us as soon
as possible to see how your organisation
can prepare for and benefit from this Levy.
From Micro-businesses to Corporates, we
can provide the right Apprenticeship
solution for your organisation.
Contact us for more information
• Tel: 0121 707 0550
• Email: info@pathwaygroup.co.uk