Earn while you learn
How the new apprenticeship levy is shaping opportunities for school students
Fresh graduates too often face debt and a battle to find a job. Yet it doesn’t have to be that way. For those who have mapped out a possible career path, higher level apprenticeships promise a debt-free degree, together with a high probability of a permanent job.
A new levy paid by all organisations with a payroll over £3 million per year is expected to boost apprenticeship numbers. Charged at 0.5% of the annual pay bill exceeding £3 million, the levy is likely to double the annual investment in apprenticeships to £2.5 billion by 2020.
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