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The Apprenticeship Levy: how to maximise the value

March 2018

Companies are already benefiting from the levy but to maximise value, some teething problems must first be overcome.

Mike Thompson, Head of the Apprenticeship Programme at Barclays, includes his thoughts in our video.

Moving from the traditional apprenticeship programme, the reforms have given us the flexibility to span across a range of skill levels and ages.

Employers need to ensure their programmes are more than just self-led learning and that knowledge transfer is there to deliver the apprentice type model.

With challenges arising for larger levy-paying employers in spending their budgets in the allocated timeframes, colleges and training providers could also be impacted for those that don’t have the capacity to support this.

The question remains as to whether this levy can help plug the potential future skills shortages we may see materialising as a result of Brexit.