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London Business Matters

62 APPRENTICESHIPS businesses more control of the apprenticeship training they buy. Paid by employers that have a w age bill of more than £3 million, the levy will ensure employers have the r ight people to help them grow and compete on the world stage. All businesses, no matter if they are big or small, should be able to gain from an apprenticeship. That is why for those smaller businesses that do not pay the levy, the Government will pay 90 per cent of the costs of training. Employers with fewer than 50 employers who take on apprentices between 16 to 18 years old will also get 100 per cent of their training costs paid for by the government. That is all training costs covered. We want to encourage employers to take on young people. That is why they will not have to pay more to give a 16 –to 18-year-old their first s tep on the career ladder and why we are giving both employers and providers an extra £1,000 for every young apprentice they take on. We have also increased funding for science, technology, engineering and maths (STEM) apprenticeship routes by 40 per cent at Level 2 to encourage more people to undertake training in these vital subjects. This will be essential in this government’s plan to fill any skills gaps for businesses around the country. It is essential we continue to help those f rom disadvantaged backgrounds. Through the levy, we are investing £60 million in supporting the training of apprentices f rom the poorest areas in the country as well as providing an additional £150 a month for training providers to give extra learning support to an apprentice with learning or other disabilities to ensure social mobility for all. Through the levy, £2.5 billion will be invested in apprenticeships across England by 2019-20, that is double the amount spent in 2010-11. We are also full steam ahead and working hard to ensure apprenticeships are the highest quality they can be. That is why we have been working hard to make sure the Institute for Apprenticeships is up and running by April 2017. Independent and with employers at its heart, the Institute for Apprenticeships ultimate goal will be to give employers a s tronger role in the apprenticeship system, ensuring they and employees get the skills they need to succeed. In January, for consultation, we published strategic guidance which sets out draft advice from the Government to help the Institute take forward the programme of reform. This, alongside our other apprenticeship reforms, will ensure a s trong employer voice at the heart of the new organisation. Finally, I w ant to mention one of the highlights of the year for apprenticeships – National Apprenticeship Week. Taking place in March this year, I hope to be traveling around the country alongside the National “...the Government will pay 90 per cent of the costs of training. Employers with fewer than 50 employers who take on apprentices between 16 to 18 years old will also get 100 per cent of their training costs paid for by the government.” Apprenticeship Service, seeing some brilliant apprentices and businesses across many diverse fields of employment. The week is designed to celebrate the positive impact apprenticeships and traineeships have on individuals, businesses and the economy. With the theme being ‘ladder of opportunity’, this is a fantastic opportunity to showcase the amazing work of employers and their apprentices. There really has never been a better time to be an apprentice – and throughout the week we will be highlighting how apprenticeships give people a chance to climb up the career ladder and get on in the world of work. Our reforms will boost the prestige of apprenticeships, mean widespread quality provision which will address our nation’s skills needs, help those from disadvantaged backgrounds and will provide the boost we need to become a world leader on apprenticeships and help make Britain a country that works for everyone. i Find out more about what an apprenticeship can offer your business: www.getingofar.gov.uk/ Case study Haymarket Media Group is a privately owned global media company, headquartered in London. The group owns publications in the consumer and business sectors, both print and online, and also runs events and exhibitions linked to these publications. The company employs 2,000 people across the world, with just under 1,000 working at its Twickenham office in West London. Two years ago, in response to concerns about a growing ‘skills gap’, particularly in digital, the Haymarket Skills Academy was established to introduced a more structured work experience programme for the company. This is now the hub for all its work with young people to help the business develop a pipeline of future talent for their company. In collaboration with local schools and colleges and ‘Achieving for Children’, a not for profit organisation set up by Kingston and Richmond Council, the Academy is committed to taking on a minimum of two Year 10-13 students from each school in the borough throughout the spring and summer months. In addition, there is usually at least one additional work experience student, who has come via a direct application, working in the business at any point in the year. Danielle Tracey, Skills Academy Business partner said: “We really welcome young people who want to get involved. A young person can only really understand the working environment by going into a company and experiencing it for themselves. Work experience is a great opportunity to absorb the business environment and find out what kind of role will suit them and, perhaps more importantly, what will not.” i www.haymarket.com Continued from p60


London Business Matters
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