We are asking our partners to support our “Transfer to Train” Campaign. Helping us to build a pledge of £1 Million of Levy transfer funds to make a clear commitment that apprenticeships should form a key part of helping employers such as the Health & Care Sector and others to recruit, train and grow.
We believe that building an inclusive apprenticeship programme brings a clear economic and business advantage to all those involved in this campaign. If you would like to get involved in our “Transfer to Train” campaign, please get in touch to register your interest.
Employers who pay the apprenticeship levy and have unused apprenticeship funds can find employers who want to receive a transfer. We want to explain how this process will work and what the benefits will be to your company.
A survey carried out by CIPD of more than 1,000 employers shows that nearly half (46%) of levy-payers will be encouraged to merely re-badge current training activity to comply with the new regulations. Among that group, more than half (52%) will re-badge existing training activity into level 2 apprenticeships, equivalent to five GCSEs.
Also, a fifth (19%) of levy-paying firms, including 35% of SMEs, don’t plan to use the levy at all to develop apprenticeships but will write it off as a tax. If you’re not using or making the most of your full Levy contribution, share it with other employers and gain added benefits for your business.
Transferred funds will be used to pay for the training and assessment cost of the apprenticeships agreed with the receiving employer.
Sending and receiving employers need to know that:
Work with employers in your supply chain
Providing an employer in your supply chain with an apprentice will help them to develop their processes; this, in turn, will mean a faster and smoother delivery process for your company.
Get in touch with employers in your industry.
There will be organisations working within your industry dealing with products and services within your area of expertise but not in direct competition. Why not see if you can work in partnership with them, providing them with your unused levy contribution to your mutual benefit.
In this phase, our teams develop your tailored apprenticeship programme identifying effective delivery methods, desired outcomes and opportunities to enrich the course content.
The employer sending and the employer receiving will first have to lay out an agreement, which will need to cover details such as the Apprenticeship standard(s), number of Apprentices, and the Apprenticeships’ cost.
Once both employers are registered with the apprenticeship service, the following actions must be taken in their accounts to complete a transfer:
Employers who are transferring funds
Before you make a transfer from your apprenticeship account, make sure that you:
There are a few points that employers need to be aware of before agreeing to any transfers, and this includes – You can’t transfer funds to another employer if you are currently receiving a transfer. If you’re currently transferring funds to another employer, you can’t receive transferred funds to pay for your apprenticeships.
Payments will leave your apprenticeship service account on the first of each month, and if the apprenticeship stops, your transferred payments will stop as well.
If you want to receive a transfer from another employer, you must be aware of the following: