As an employer, if your pay bill is over £3m you must pay the Apprenticeship Levy. This is 0.5% of your annual pay bill, and the contributions you make to it are redeemable if you use it towards funding approved apprenticeship programmes like Arden’s.
If you’re not a levy-paying organisation, you will also receive government funding for apprenticeships, covering at least 95% of the costs of training.
There is no better time than today to start investing in the development of your team, whether that’s by attracting new talent or upskilling your current employees with Degree and Postgraduate Apprenticeships. You’ll be joining the thousands of other businesses who are already developing their team, filling skills gaps, and increasing productivity the smart way.