how can apprenticeships contribute to a more diverse workforce

To ensure that every pound spent in Nottinghamshire is delivering better outcomes for our residents, communities and businesses, a transfer from the levy will ... The Levy requires all employers operating in the UK, with a pay bill over £3 million each year, to invest in apprenticeships. Who can receive transferred funds? We can transfer funds to employers for new apprentices, for existing staff who would like to develop their skills through ... Levy transfer allows your business to save money, as transferred funds are used to pay for the training and assessment costs of your apprentices. To understand ... A government led scheme designed to increase the number of apprenticeships on offer throughout the UK by levying funds from the most successful businesses. The Apprenticeship Levy is a payment that is required by all employers whose annual wage bill is greater than £3 million annually. It is paid through the ... Dec 12, 2024 ... The Apprecticeship Levy is charged at 0.5% of an employer's 'paybill' - which is classified as total earnings liable to employer Class 1 NIC. Amounts paid via the levy can, together with amounts contributed by government, be used to fund approved training/assessment programmes. This Need to know ... Feb 7, 2023 ... The government introduced the apprenticeship levy to encourage employers to offer structured, high quality, work-based training. How is the Levy calculated? The Levy has been set at 0.5% of the total annual 'pay bill' and this will exclude benefits in kind but it is expected to include ...