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Large companies can transfer apprenticeship funding to supply chain partners from April

02 February 2018

Large companies paying the Apprenticeship Levy will be allowed to transfer up to 10% of these funds to other employers or training agencies from April this year.

Confirmed by the National Apprenticeship Service, industry commentators hoped that this will help to improve the current situation, which has seen a fall in the number of apprenticeships since the levy was introduced last year.

The move has been welcomed by industry bodies, including the Building Engineering Services Association (BESA), which says this will help to pay for training and assessment towards the new employer-led apprenticeships standards.

This will also be helpful to assist in the improvement of quality and targeting of training as the government phases out the former apprenticeship frameworks, it said.

Funds can be transferred once the type of apprenticeship being supported has been agreed with the receiving company or organisation.

BESA director of training Tony Howard said the move would make more funding available to "professions and geographical areas where it can do the most good" while assisting SME "non-levy paying firms" to recruit much-needed apprentices.

"This is an amazing opportunity and I would urge all employers to get into dialogue with their supply chain partners about how they can make the best of these vital funds," said Mr Howard.

He further stated that this association could help to ensure the correct skills are supported.

"For example, the small employer may think they need a gas engineer, but the larger firm with a broader overview of the work may advise that the money would be better spent on training up a service and maintenance engineer to maintain the job after the build process has finished," he said.

While this would have significant implications for the FM sector, BESA has also stated that it provides further support for the recent creation of Trailblazer apprenticeships.

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