economy England
England plans higher employer costs for older apprentices
40%
Youth apprenticeship starts fell over the past decade.
The UK government is considering changing apprenticeship funding so employers would pay 25% of eligible training costs for apprentices aged over 25, while funding would remain available for apprentices aged 16 to 24.
1 sourceThe GuardianUpdated
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AllegedThe government is considering requiring employers to pay 25% of eligible training costs for apprentices aged over 25.
“for older apprentices, the funds would cover only 75% of the cost and employers would need to pay for the remainder”
AllegedThe proposed rule would leave funding for eligible training costs for apprentices aged 16 to 24 unchanged.
“money from the pot would still be available to cover eligible training costs for apprentices aged 16 to 24”
Youth apprenticeship starts have fallen over the past decade.
“a 40% drop in youth apprenticeship starts over the past decade”