Considering taking on an apprentice, but are yet to take the plunge?
Oldham College is experienced in building long-term relationships with employers. We understand the administrative, logistical and developmental challenges that offering apprenticeships sometimes pose. We work alongside employers to ensure apprenticeships that are mutually beneficial for apprentice and employer.
Hiring apprentices is an effective way for businesses to nurture talent and develop a motivated, skilled and qualified workforce. Employers with apprentices report increased productivity, greater employee satisfaction, reduced staff turnover, lower recruitment costs, increased long-term security and more.
The Government is now fully funding apprenticeships in small businesses for anyone aged 21 and under from 1st April 2024.
By covering the training costs, more opportunities will be created for young people – without placing the financial burden on small businesses.
There are also changes to the Apprenticeship Levy which are a significant boost to how larger, levy paying employers can help small and medium-sized enterprises (SMEs).
Previously, a levy paying employer could transfer up to 25 per cent of their unused levy to a different employer.
Under the new measures (since 1st April 2024), this has now increased to 50 per cent: further lowering the cost of apprenticeships to SMEs, and meaning more employers can get the skilled workers they need.
There has never been a better time to take on an apprentice – and we have a work-ready pool of talent that is looking for opportunities across all sectors NOW.
When you work with Oldham College to deliver an apprenticeship, you’ll not only boost your business, but provide career-building opportunities and help to build a stronger economy.
The Apprenticeship Service has updated its process for employers registering for, and logging into, their Apprenticeship Service account.
All employers must have an account with the Apprenticeship Service in order to reserve funds for apprenticeship training, manage ongoing apprenticeships and more.
For more information on the changes, see GOV.UK – Changes to the way you log into your Apprenticeship Service account.
Need help? We are here to assist with any queries you may have. Use the Contact button above to get in touch with the team.
All employers will receive £1,000 each for taking on an apprentice who is either aged between 16 – 18 or is aged 19 to 25 years old and has an Education, Health and Care (EHC) plan, or has been in the care of their local authority (if they consent to share this information).
The Construction Industry Training Board (CITB) provides grants for construction employers who provide training for their workforce. The Grants Scheme helps the industry maintain high standards, making sure people are being trained in the right skills for the industry to thrive.
Our team will support you in setting up your Apprentice Service Account, utilising funding and provide advice on taking on an apprentice.
