How is my business going to benefit from an Apprentice?
How can I fit this apprentice into my business?
This standard is for employers looking to recruit and train professional managers in the private, public or third sector and all sizes of organisation. The standard aims to produce professional managers that are capable of managing complexity and delivering impact at a strategic and/or operational level with management and leadership responsibility for setting and delivering organisational objectives through a wide range of functions.
Typical job roles this standard can apply to may include: Manager; Senior Manager; Head of Department; Operations Manager; or anyone with significant management responsibilities
They will be professional managers who want to develop fully all aspects of their management and leadership skills, knowledge, self-awareness and behaviours
The recognised professional CMI qualification is built into course, that your apprentice will bring back to the business, providing value for money and a return on investment by bringing back up to date knowledge from college.
Your apprentice will bring technical skills and knowledge to your business including:
- Strategic decision making, setting direction and achieving results
- Building and leading teams
- Clear communication, developing skills and motivating others
- Fostering inclusive and ethical cultures
- Leading change, project management, financial management, innovation, risk management
- Developing stakeholder relationships.
What will this cost my business?
Since April 2017 the way that government funds apprenticeships in England has changed. All businesses operating within the UK with a wage bill of over £3 million are required to contribute to the apprenticeship levy monthly via HMRC.
- If the levy applies to your business you will be required to pay 0.5% of your entire wage bill into the levy. This will be offset against a levy allowance worth £15,000 for each tax year
- You will only be able to use your levy payment for government backed apprenticeships through providers who are registered on the Register of Apprenticeship Training Providers
- Levy payments will expire after 18 months.
From April 2017 all existing apprenticeship frameworks and new apprenticeship standards (often referred to as trailblazer standards) will be allocated to Government funding bands.
Funding bands determine the maximum amount of money that Government will contribute for the training delivery and end-point assessment of each apprenticeship. All approved apprenticeship standards have already been allocated to funding bandings with maximum funding caps.
If you take on an apprentice who is between 16 and 18 years old at the start of their apprenticeship, you will receive a payment to help meet the extra costs of employing them. This will be paid to you through the training provider in two £500 instalments at 3 months and 12 months if the apprentice continues in learning beyond this point.
Non-levy paying employers will need to contribute 10% of the maximum funding band as published by the Skills Funding Agency for the delivery of training and assessment for their apprenticeship. Levy paying employers will pay the full cost of the agreed funding band using their Digital Apprenticeship account. Where there are no longer funds in this digital account the Government will co-invest 90% of the funding with the levy paying employer being the asked to contribute the remaining 10% on a monthly basis.
Levy paying employers can estimate their funding contributions through the use of the free Funding Apprenticeship Systems calculating tool.
The agreed funds will be taken from the employer’s digital account to pay the training provider, up to a maximum amount of funding allocated by Government to that particular apprenticeship.
For non-levy paying employers the Digital Apprenticeship Service will not be available until at least 2018. They will need to discuss and agree a price with their training provider.
Does the apprentice have to attend college?
Attendance at University Centre Colchester for 1 day per week will be required. This will allow apprentices to have lectures and workshops for their degree modules.
How is the apprentice assessed?
There are assessments both during the programme and at the end; apprentices will have to pass the degree, their portfolio of work-based learning and a final synoptic assessment.
What about support in the workplace?
Skilled and knowledgeable staff must be available to support the apprentice as they complete work- based tasks and build a portfolio.
Why should I choose Colchester Institute to support my recruitment and retention?
Our team will provide:
- A free recruitment service.
- Personal 1:1 Apprenticeship Levy advice and guidance.
- A dedicated Account Manager.
- Industry experienced, professional, technical tutors.
- Bespoke programmes available upon request.
- An Essex priority skills focus.
- Free employer events.
