The benefits of apprenticeships to your business

Apprenticeships can help businesses access funding for training, develop a skilled workforce, motivate employees, and address skills shortages, making them a valuable investment for employers.

They can help with retention, performance, and job satisfaction providing a positive and profitable impact on the business.

To discuss how our apprentices can help boost your business, please get in touch and request a call back today!

How does apprenticeship funding work?

How It Works

Whether you're a levy-paying employer or a smaller non-levy organisation, we work with you to understand the funding landscape, maximise available support, and ensure you get the greatest return on your investment in skills and workforce development.

The Growth & Skills Levy, which replaces the Apprenticeship Levy from August 2026, is designed to give employers greater flexibility to invest in high-quality training while continuing to support apprenticeship delivery. Levy-paying employers contribute 0.5% of their annual payroll into a digital account, while non-levy employers benefit from significant government funding support, including fully funded apprenticeships for learners aged 16 to 24 and 75% government co-investment for apprentices aged 25 and over.

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Understanding the Growth & Skills Levy

Employers with an annual payroll over £3 million pay a 0.5% levy into a digital account that can be used for apprenticeship training and approved skills training. Funds are paid into the account monthly, but under the new Growth & Skills Levy rules, unused funds now expire after 12 months rather than 24 months, making workforce planning more important than ever.

If a levy-paying employer exhausts the funds available in its digital account, it must contribute 25% of the apprenticeship training and assessment costs, with the government funding the remaining 75% up to the funding band maximum for learners over 25.

Levy-paying employers can also choose to transfer unused funds to other organisations, helping supply chain partners, charities, and smaller employers invest in apprenticeship training.

Support for Non-Levy Employers

For employers with a payroll under £3 million, apprenticeship funding is now even more generous under the Growth & Skills Levy. For apprentices aged 16 to 24, the government will fully fund apprenticeship training and assessment costs up to the funding band maximum, meaning there is no employer contribution required.

For apprentices aged 25 and over, employers contribute just 25% of the training and assessment cost, with the government funding the remaining 75% through co-investment.

Employers can also benefit from additional incentives, including a £2,000 hiring payment for eligible new apprentices aged 16 to 24. We can also help you navigate funding options, including Levy transfers where appropriate

What our community is saying

Apprenticeships Aren’t Just for New Starters!

Did you know your current team can benefit from apprenticeships, too? Apprenticeships aren’t only for school leavers, they’re a fantastic way to upskill your existing employees, helping them gain the skills needed for promotion or new responsibilities.

Investing in apprenticeships for your team boosts productivity, fills skills gaps, and supports career progression, all while aligning with your organisation’s goals. Talk to us about how our apprenticeship programmes can develop your current employees and strengthen your workforce.

How to get started:

STEP 1

Schedule a consultation

Book a call with our Partnerships & Growth team to discuss your business goals, workforce needs, and the apprenticeship programmes that best fit your organisation.

STEP 2

Receive your custom Apprenticeship plan

We create and send you a tailored plan outlining recommended apprenticeship pathways, training options, timelines, and projected outcomes for your business.

STEP 3

Launch your Apprenticeship programme

Once you’re happy with the plan, we handle the onboarding steps, finalise agreements, set up training, and support you in getting your apprentices enrolled and ready to start.

Ready to take the next step?

Simply get in touch to schedule a consultation.

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If Apprenticeships are not what you are looking for or need currently, then Umbrella Evolve could be what you are looking for.

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