Editor's message: Although there are few specific legal obligations on employers to provide occupational or work-related training for employees (see Training obligations), most organisations see the business benefits of doing so. Induction and other forms of on-the-job training will help new recruits and promoted employees to get up to speed in their role, and organisations also need to develop the skills and capabilities of their workforce to remain competitive.
The Government has introduced various initiatives to encourage employers to educate and train their employees. The apprenticeship levy, expected to come into force on 6 April 2017, is designed to give employers a greater incentive to take on apprentices and to put investment in apprenticeships on a sustainable footing for the long term.
Rachel Sharp, HR practice editor
We take a look at how much the levy is, who will have to pay it and what you should be doing now to prepare.
In this week's feature-length podcast, we are joined by special guest Matthew Lewis, employment partner at Squire Patton Boggs, to discuss the key points of the apprenticeship levy.
We discuss the key features of the apprenticeship levy, which is due to come into force in April 2017.
The apprenticeship levy, which the Government hopes will help create three million new apprentices by 2020, is due to come into force in 2017. But ahead of implementation, there are a number of key questions that employers should be asking.
New apprenticeship levy for large employers with a pay bill of more than £3 million per year will be payable with effect from 6 April 2017.
Updated to include information on trends in performance management.
Updated to include information on the consultations on overall responsibility for the legal function under the SMR, changes to short Form A, applying conduct rules to all NEDs and amendments to the DEPP; and on the final rules for regulatory references.
HR and legal information and guidance relating to training and development.