Growing Your Finances Through Financial Apprenticeships

Growing your Finances

A career in Finance can be extremely rewarding – according to PayScale, Financial Advisors earn on average £35,166 per annum.

Would you like to have a career that gives you a feeling of accomplishment and achievement? Or do you feel that you have the right mindset and set of skills to work in finance but that you don’t have the right experience or qualifications to show to an employer?

Why an apprenticeship route into finance is the right route for you

The benefits are vast and you don’t even need to have previous experience within the finance industry. You can expand your knowledge and develop your existing skills, as well as learning new ones, whilst training and earning a salary.

As an apprentice, you will earn whilst you learn, gaining nationally recognised qualifications that we know local employers look for on candidate’s CV’.

We currently have a number of apprenticeships available within the finance industry, are you ready to learn how to make your finances and those around you, grow? Take a look at our finance apprenticeships here!

Ref. http://www.payscale.com/research/UK/Job=Financial_Advisor/Salary 

Walbottle Campus – Hair show 2017

One of our centres, Walbottle Campus, held a hair show for their learners to showcase their talents and what the have learned through training.

The event took place at Walbottle Campus School in Newcastle. The students taking part in the annual Hair Show for National Apprenticeship week were a mix of Year 10 Hairdressing students and also the Apprentice’s currently training with Walbottle campus/Skills Edge Training. This was a chance for the learners to showcase their skills and talent.

Every year the Trade Hair Supplies Artistic team also work alongside learners and demonstrate their amazing skills live on stage to a varied audience.

Around 20 learners took part in the show; we had lots of creative styles ranging from Avant Garde styles as well as Boho chic and contemporary looks.  Employers the Apprentices were invited along, as well as other industry professionals and parents to engage with the learners and embrace the learning opportunities available.

Around 80-100 people attended the evening which was another successful show for the 5th Year running.

The learners were congratulated on the planning and preparation to make this such a successful show.

Apprenticeship Funding Explained…

There seems to be a lot of confusion around the new apprenticeship funding system, so we’ve broken it down into bite size chunks. This post should clear up any queries you have in regards to the new apprenticeship funding system and the Apprenticeship Levy. In essence, the way your apprenticeship funding will work depends on the size of your business:

 

Companies with a payroll of over £3m
  • Pay an apprenticeship ‘levy’ equal to 0.5% of their total payroll
  • This is paid monthly into the Digital Apprenticeship System (DAS) Account
  • These funds are topped up by 10% by the Government
  • The funds are redeemable through employing apprentices
  • Apprenticeships can be undertaken by new or existing staff

 

Companies with over 50 employees, but less than £3m payroll
  • Contribute 10% towards the cost of training
  • Funding available for new and existing staff
  • £1000 cash incentive for employing 16-18 year olds

 

Companies with under 50 employees
  • The government fully funds apprenticeships, making the training free for the employer
  • Funding available to train existing staff or recruit new apprentices
  • £1000 cash incentive for employing 16-18 year olds

 

If you still have questions about apprenticeship funding, then please contact us and we’ll be happy to help!