M 07814 883380
Southend Business Woman of the Year
Essex County B2B Winner
Lantra Sector Skills Coach of the Year
News
News by Category
News by Month
- March 2021
- April 2020
- February 2019
- December 2015
- August 2015
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- September 2013
- August 2013
- April 2013
- March 2013
- February 2013
- October 2012
- September 2012
- August 2012
- May 2012
- April 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- October 2009
- September 2009
APPRENTICESHIPS CASH BOOST FOR FIRMS
Business Secretary Vince Cable today announced new measures to ensure more young people benefit from an apprenticeship, and to help employers gain the skilled workers they need to grow. As part of the Government's plan for growth, Ministers are taking action to make it easier for companies to take on apprentices, and ensure that the quality of apprenticeships is continually improved. He told businesses in London today that the Government would slash the red tape that can deter hard pressed firms from taking on apprentices, and provide a financial incentive to help the smallest firms recruit their first young apprentices.
The following measures to further strengthen the UK's world class apprenticeships programme were announced today:· To encourage thousands of small firms that don't currently hire apprentices to take on a young apprentice aged 16 to 24, the Government will offer employers with up to 50 employees an incentive payment of up to £1,500. This will support up to 20,000 new apprenticeships in 2012/13. An initial payment will be made two months after the individual has started their apprenticeship; the balance will be paid after the apprenticeship has been completed and the trainee has progressed into sustainable employment.
- Processes will be simplified to make it quicker and easier for employers to take on an apprentice. The National Apprenticeships Service and training providers will be required to ensure that every employer is in a position to advertise a vacancy within one month of deciding to take on an apprentice. Health and safety requirements will be streamlined so that there are no additional demands on employers that already meet national standards.
- There will be a renewed focus on targeting the programme where apprenticeships deliver greatest value - including on younger adults, new employees, higher level qualifications and particular sectors where they can make the greatest impact.
- Apprenticeship providers will be required to offer training in English and Maths up to the standard of a good GCSE (level 2) for all apprenticeships.
A new review into the standards and quality of apprenticeships will be undertaken by a leading employer. Reporting in spring 2012, the review will help ensure Government works effectively with training providers and businesses to continually raise the standards of all apprenticeships, and that training keeps pace with the changing needs of industry.
Business Secretary Vince Cable said:"The apprenticeships programme is a success story, with record numbers of learners starting an apprenticeship this year. But I have listened to employers, and will go further to ensure that investment is targeted where impact is greatest, delivering the specific skills businesses need to drive growth."Apprenticeships are proven to boost the life chances of young people, and are a sound investment in our future competitiveness. So when times are tough, it's right that we provide additional support to help the smallest firms meet training costs. We'll cut no corners on quality. Apprenticeships will remain the gold standard for excellence in vocational training - but where red tape serves no purpose, we'll strip it away."
Skills Minister John Hayes said:"By reviving apprenticeships, this Government is helping thousands of people discover the purposeful pride that builds successful careers, thriving firms and strong communities. By continuing to drive up standards and reaching out to small businesses, we'll create a culture in which values, drives and rewards vocational excellence and fuels economic and social progress."
Research shows that every pound of public investment in an apprenticeship generates up to £40 for the wider economy; improvements in productivity ensure employers recoup their training costs within three years; and an
For the latest apprenticeship opportunities visit http://www.apprenticeships.org.uk/