Apprenticeships for Employers

Invigorate your business with highly-skilled apprentices for sustainable growth and success.

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info@londoncityiot.ac.uk

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London City Institute of Technology
5 Hope Street
Leamouth Peninsula
London E14 0JU

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Apprenticeships combine on-the-job training with classroom learning, developing professional skills and practically applying their academic learning in the workplace. For employers, apprenticeships provide a cost-effective way of recruiting and developing new talent, as well as boosting the skills and knowledge of your existing workforce.

By partnering with London City Institute of Technology, we will help you to find the ideal apprentice who will fit seamlessly and effortlessly into your workforce and give them the skills and training that are uniquely tailored to the needs of your business.

Apprentices can help your organisation increase productivity, improve its competitive edge, and ensure you have a committed and competent workforce ready to meet future challenges.

What are the benefits for employers?

  • Smarter recruitment

    Secure a more cost-effective channel of recruitment with a new generation of diverse talent that will help you understand your customers better, create better performing teams and increase creativity and innovation.

  • Increased productivity

    With industry-standard, specialist training facilities at your fingertips, apprentices can give your business a competitive advantage learning the latest trends, techniques and technologies to drive future productivity.

  • Fill your skills gaps

    Higher-level technical skills are vital to business performance and economic growth. With London City IoT, you can address skills gaps more effectively and avoid skills shortages by tailoring training to suit your business needs.

  • Upskill or reskill existing staff

    Develop your existing staff by allowing them to take on a higher or advanced apprenticeship. By investing in your staff, you can reduce staff turnover and improve productivity.

How are apprenticeships funded?

The Apprenticeship Levy funds apprenticeship training in England and allows employers to choose which apprenticeships they offer and give you more control in providing staff with a range of training opportunities.

Large employers with a payroll of over £3 million per annum are required to pay the levy set at 0.5% of their total payroll (with a £15k allowance) and is collected through PAYE. The vast majority of employers (around 98%) will not have to pay the levy.

Smaller employers – those with a total annual payroll of less than £3 million – will only have to pay 5% of the total cost of the apprenticeship, with the remainder being funded by the government, up to the funding band maximum for that programme.

Regardless of the size of your business, London City IoT will ensure that you do not miss out on any funding you need to support your apprentice during their training journey. For general information about apprenticeship funding, you can visit gov.uk for more guidance or speak to our apprenticeships team about your particular needs.

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Transform your business

With exciting developments in apprenticeship standards, and incentives available to help towards costs, there has never been a better time to recruit and train an apprentice.

To find out more about how apprentices will benefit your business and how we can help you to maximise those benefits, contact our expert team today for a consultation.

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