Know your options, stay ahead: Beyond business administration

Apprenticeship programmes in the UK are predicted to increase by almost 60% in 2017 and one of the key sectors responsible for this impressive growth is Business, Administration & Law. Data released by the government last year revealed that more than half of all apprenticeship starts in 2015/2016 were in both this sector and the Health, Public Service & Care industry.

 

Generalised versus specialised

Business administration apprenticeships are often a popular choice for employers in all industries and among training providers. These apprenticeships tend to be low cost, easy to deliver and prepare learners with the bare essentials of how companies operate and how to act within the workplace. They are therefore non-sector specific, preparing learners with a base knowledge applicable to a broad range of industries.

However, does this generalised approach come at a cost? Concerns have been raised over the benefits of pursuing a quantity over quality approach to apprenticeships by policymakers. Neil Carmichael MP, chair of the parliamentary skills sub-committee, reportedly stated: “We can’t just say we want millions of apprenticeships if we don’t really know where those millions are going to go… We need to have a quality assurance system in place.”

A possible solution to ensure that learners are more likely to go into relevant employment after they have achieved their qualification is to employ apprentices on specialised programmes. Skills Edge recognises that companies need to build workforces with specialist and up-to-date knowledge in order to remain competitive. Alternatives to the more traditional business administration apprenticeship are yet to be fully mainstreamed however. Many companies do not yet realise the untapped potential of these programmes.

For example, specialised apprenticeships in the housing and finance industries prepare learners for clear career paths. In addition, they do not restrict apprentices learning beyond Level 3 qualifications.

 

Know your options

Alternatives to business administration apprenticeships include (but are not limited to!):

 

To find out more about the apprenticeship programmes offered by Skills Edge, call us on 03333 583559 or email hello@skillsedge.co.uk.

 

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!