How are employers feeling about - and preparing for the Apprenticeship Levy?
The Apprenticeship Levy is coming into effect in April - but with the reform right around the corner, how are employers planning to respond? Do they know enough about it? Do they have a plan? And what are their major concerns? Findcourses has put together the results of its recent employer survey, along with other key findings, to help establish the lay of the land.
There's still uncertainty.
Almost 60% of employers we surveyed still don't know how the levy will work - and a quarter know a little - but need more information. The majority feel they haven't received enough government support or guidance on the impact of the levy.
This feeds into the reason why over half of surveyed employers don't know if the levy will have a positive impact on apprenticeships in their industry - or indeed in England - it's just too soon to say when most companies don't have a fully formulated plan or understanding of the new system.
Just another employment tax?
All levy-paying employers we surveyed are concerned about the expense of the levy payments in some form. And how they spend it will differ depending on company size and industry.
A survey from XpertHR found 60% of employers with over 1,000 members of staff do plan on increasing their numbers. However Matthew Lewis, employment partner at Squire Patton Boggs believes that many employers, such as the NHS, will not recoup the levy that they pay, and will therefore simply see it as another employment tax - particularly those that have no need for structured training that could fall within the scope of an apprenticeship scheme.