Apprenticeship Standards

Apprenticeship Standards

Supporting you and your business through apprenticeship change

Apprenticeships are changing. Innovative apprenticeship standards, known as ‘trailblazers’, have been introduced as a government initiative to enhance apprenticeships to meet the needs of employers and the economy. The standards are developed by employer-led groups and are aligned to specific job roles in many industries, ensuring the apprentices we place in your company are skilled in the most up-to-date techniques and technologies that the industry demands. Included within the new standards is an outline of what the apprentice will be doing during their time with the company, and the skills required of them to succeed.

Employer Costs and Incentives until April 2017

At present, for every £1 spent on new apprenticeship standards training by an employer, the government contributes an additional £2, up to a maximum cap.

There are currently six caps available, depending on the apprenticeship standard being undertaken.

In addition, the government provides up to three incentive payments which are dependent on the cap, the age of the apprentice, the size of the company and achievement. For employers this means a greater return on your initial investment, both financially and economically. Detailed below is an overview of the current caps and incentives.

Funding Band

Core Government Contribution Cap

(£)

Employer Contribution

(£)

Recruiting a

16-18 year old incentive

(£)

Small business (less than 50 employees) incentive

(£)

Successful completion of apprenticeship standard incentive

(£)

Maximum incentive payments

(£)

6

18,000

9,000

5,400

2,700

2,700

10,800

5

13,000

6,500

3,900

1,950

1,950

7,800

4

8,000

4,000

2,400

1,200

1,200

4,800

3

6,000

3,000

1,800

900

900

3,600

2

3,000

1,500

900

500

500

1,900

1

2,000

1,000

600

500

500

1,600

 

 

 

 

 

 

 

 

 

 

 

We have broken down the costs and incentives for two of our current standards available at Bury College:

Apprenticeship Standard and Cap

 

 

Employer Contribution

(£)

 

Payment schedule

 

Payments per quarter

(£)

 

Recruiting a 16-18 year old incentive

(£)

 

Small business (less than 50 employees) incentive

(£)

 

Successful completion of apprenticeship standard incentive

(£)

 

Maximum incentive payments

(£)

Laboratory Technician Level 3 (cap 6)

8000

Quarterly over the period of training

2000

5,400

2,700

2,700

10,800

Dental Practice Manager Level 4 (cap 3)

2,800

Quarterly over the period of training

700

1,800

900

900

3,600

 

Since the launch of the first trailblazers in 2013, there are now over 140 of the new standards in circulation with over 350 in the process of being developed and delivered. The government plan to move most, if not all apprenticeships to the new standards by 2017/18.

For the most up-to-date government information on apprenticeship standards please visit:

https://www.gov.uk/government/collections/apprenticeship-standards.

For more information on how Business Solutions Bury College can support you and your business, please contact one of our dedicated business advisers on:

0161 280 8650

business.solutions@burycollege.ac.uk

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