Apprenticeships are a great recruitment tool for SME’s. Non-levy employers looking to recruit apprentices can reserve funding for up to 10 apprentices. During the 21/22 financial year the Government made an exception and granted an apprenticeship funding allowance reset for non-levy organisations, granting them the opportunity to use 10 additional reservations.
However, it appears there will not be a reset this financial year and employers must stay within their allocation of 10, which commenced at the beginning of the 21/22 financial year.
Employers who are close to this limit have not been given any indication when or if the allocation will be reset.
For advice on apprenticeship funding and how to maximize your funding allocation, please get in touch on 01482 211714 or go to our website to find out if you are a non-levy employer.
