In 2017, the Government introduced a payroll-funded Apprenticeship Levy scheme, designed to encourage more businesses to embrace apprenticeship training. Despite initial enthusiasm, confidence in the levy has plummeted and many businesses are still not making the most of the potential investment in learning.
Our infographic highlights the actions of companies in the finance industry: what they spend the levy on, if they do. It also reveals the benefits for employers and why you might want to think twice about the scheme, citing some real success stories.
If you’d like some advice on how to make the most of the Apprenticeship Levy, get in touch.