Page 14 - Go Six Sigma Brochure 2018 A5.docx

BUSINESS IMPROVEMENT SPECIALIST

Summary of Apprenticeship Funding – Do Pay Levy

TOTAL SALARY BILL EXCEEDS £3M

0.5% LEVY CHARGE ON SALARY ABOVE £3M

100% FUNDING FOR APPRENTICESHIPS UP TO VALUES OF YOUR LEVY ACCOUNT

90% FUNDING FOR ALL OTHER APPRENTICESHIPS WITH 10% TO PAY

£1,000 CASH INCENTIVE TO RECRUIT 16 TO 18 YEAR OLDS

FUNDS FROM DIGITAL ACCOUNT

MAKE AGREEMENTS WITH REGISTERED APPROVED TRAINING PROVIDER & TRAINEES

FUNDS PAID DIRECT TO REGISTERED APPROVED TRAINING PROVIDER EACH MONTH
PROVIDED THAT ALL REGULATORY REQUIREMENTS CONTINUE TO BE MET BY
TRAINING PROVIDER

REGISTERED TRAINING PROVIDER MAY SUBCONTRACT
OR USE ASSOCIATES TO DELIVER TRAINING

20% OF FUNDING WITH HELD FOR INDEPENDENT END POINT ASSESSMENT THAT THE
REGISTERED APPROVED TRAINING PROVIDER MUST ARRANGE

ANY USED FUNDS RETURNED TO DIGITAL ACCOUNT

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