Leveraging your Levy: How to Avoid an Apprenticeship Levy Underspend
Even for companies with a proactive approach to the levy, underspend is common for a variety of reasons. But getting the most out of your levy is much more straightforward and flexible than you may have realised.
In our recent webinar - Leveraging your Levy: How to Avoid an Apprenticeship Levy Underspend - Nikki Bardsley, Director of Apprenticeship Operations at Seetec, explains how you can make use of the levy in a way that benefits your business.
Listen to a recording of the webinar to learn:
- How to identify relevant apprenticeship programmes
- How to optimise your delivery model
- The most effective way to spend your funds
The Open University recently analysed data provided by the Education and Skills Funding Agency under the Freedom of Information Act. This data highlighted that a staggering 92% of levy funds went unspent in the first year of the apprenticeship levy scheme.
Remember, funds in your digital apprenticeship account expire after 24 months, so if you don't use your levy you will lose it.
To find out more about Seetec's apprenticeship services, or for advice about spending your levy, contact us today.