Editor's message: Many organisations set a specific budget for learning and development activities, but the amount they spend varies widely. There has been particular pressure on training budgets in the public sector, despite these organisations needing to innovate and transform the way they deliver public services.
For organisations seeking to cut back their training spend, there are alternatives to simply reducing the output of their training activities or the number of staff - including making more use of online and informal learning methods.
Rachel Sharp, HR practice editor
The Government has published its final apprenticeship funding policy, which includes additional funding for young persons and apprentices from disadvantaged areas, and an extended period for large employers to use their apprenticeship funds.
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.
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.
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.
The Government consults on proposals relating to the calculation, payment and recovery of overpayments of the apprenticeship levy.
HR and legal information and guidance relating to training costs and budget.