On the 3rd of January People Management magazine released an interestingly and slightly alarming article, stating many employers were still failing to invest in training as deadline to use funds looms. The poll, carried out by YouGov on behalf of Alliance Manchester Business School, found that only 29 per cent of employers who were aware of the levy viewed it as a tax on business.
There are only three months left before the initial tranche of levy funding, dating back to 2017, will be returned to the Treasury if it is unspent. But the survey of 2,000 employees and 1,000 senior decision-makers found 38 per cent of employers and 58 per cent of staff said they still knew nothing about the levy.
And 31 per cent of businesses that offered formal training said the levy made no difference to the nature of the training they offered.
To read the full and original article visit People Management website.
If you are a business in Swindon or Wiltshire and require support in spending your apprenticeship levy, or you are a smaller business which is interested in recruiting an apprentice, contact us for full support (no charge!). Find out more here.