UPSKILL EXISTING STAFF 

Fill your seats with employees that are qualified to sit at the table

Alongside recruiting an apprentice who is new to your business, you can use an apprenticeship programme for upskilling employees. Apprenticeships are an excellent way of increasing the skillset of your current workforce. They provide a mixture of learning and on-the-job training for someone you already know has the potential and motivation to go further in your business.

It makes sense to safeguard your business by upskilling employees from your current workforce. This is a fantastic opportunity for managers to improve retention, increase staff morale and motivation while developing the knowledge and skills of their workforce.

 

 

 

Category 1

Do you have less than 50 employees and a salary bill of less than £3 million?

  • You won’t make any contribution to the apprenticeship levy

  • All training for 16-18 year olds will be fully funded by the government

  • For apprentices ages 19+ the government will contribute 90% of your training costs, you will contribute the final 10%

  • Funding can be used to upskill employees (including graduates), or to recruit apprentices

  • You will receive a government incentive of £1000 for recruiting an apprentice aged 16-18

  • Any member of staff under the age of 25 who is enrolled on an apprenticeship programme will not be subject to national insurance contributions

 

 

 

Category 2

Do you have more than 50 employees and a salary bill of less than £3 million?

  • The government will contribute 90% of your training costs, you will contribute the final 10%

  • Payment is to be made upfront

  • Funding can be used to train up existing staff (including graduates), or to recruit apprentices of any age

  • You will receive a government incentive of £1000 for recruiting an apprentice aged 16-18

  • Any member of staff under the age of 25 who is enrolled on an apprenticeship programme will not be subject to national insurance contributions

 

 

 

Category 3

Do you have a salary bill of more than £3 million?

  • You will contribute 0.5% of anything over £3 Million from your salary bill into the apprenticeship levy

  • The 0.5% will be paid through a payroll tax

  • Funding can be used to train up existing staff (including graduates), or to recruit apprentices of any age

  • You can access your funds through an online digital account

  • These funds will expire after 24 months

  • For every £1 that enters your digital account you will get £1.10 to spend through a 10% top-up from the government

  • Any member of staff under the age of 25 who is enrolled on an apprenticeship programme will not be subject to national insurance contributions

For more information on how the levy will be paid and how to claim back your funds, please contact info@bmepromise.org and our dedicated levy consultant will contact you for an informal chat.

Reduce your  umbrella fees 

We can reduce your PAYE fees