HOW TO… MAXIMISE AN APPRENTICESHIP LEVY INVESTMENT

All employers with an annual pay bill of more than £3 million must pay a levy of 0.5% on it, to be recouped by employing apprentices. How can employers and coaches/mentors ensure this investment is maximised? By Annette Allmark Research indicates that 80% of companies that invest in apprentices report an increase in staff retention. There’s also compelling evidence that progressing the brightest and best talent through apprenticeships can significantly boost the bottom line. So how can the new-style apprenticeships be used to maximise levy investment and effectively develop talent and increase productivity and retention? And where might coaching and […]

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