What are higher and degree apprenticeships?
Higher and degree apprenticeships are work-based learning programmes leading to an academic and/or professional qualification, ranging from a higher education certificate (level 4) to a masters degree (level 7). They can be offered to both new and existing full-time staff at any stage of their career. The scheme has been developed by UK government to help businesses fill high-level skills gaps whilst retaining and developing core staff.
How much does it cost to participate in the scheme?
If you are an employer that is already paying the apprenticeship levy, you can access up to 100% of the cost of an apprentice. (This applies to businesses paying a wage bill of £3 million or more.)
If you don’t pay the levy, you’re still eligible for up to 90% funding towards course fees. There are also extra incentive payments available to enterprises with less than 50 employees.
How do I decide whether higher and degree apprentices are right for my business?
Research undertaken by the Department for Education of over 4,000 employers with apprentices in their workforce revealed findings including improved retention rates in employees. They also found it easier to attract the best new talent for their business. Over three-quarters (78%) of employers found that apprentices increased productivity for their business and the vast majority (86%) found that the skills developed by apprentices were relevant to their organisation*.
*gov.uk apprenticeships evaluation, November 2017.
Do I need to employ new recruits or can I develop existing staff?
Both existing staff and new starters are eligible for higher and degree apprenticeships. Your current staff can learn to a degree level whilst they work or you can recruit new talent into your business. Both routes offer a combination of on-the-job training combined with university-based learning.
How do I set up a higher and degree apprenticeship scheme in my business?
To develop a higher and degree apprenticeship, you have to do it in partnership with an accredited university or HE college. They will help you to develop a bespoke programme or offer you an existing course that’s right for your business.
Why Sheffield Hallam University?
Whatever stage you’re at in moving towards implementing apprenticeships in your organisation, we offer a wide range of courses and can deliver bespoke programmes that work for you. Our expert team will manage all stages of the process from recruitment through to the end point assessment, with regular performance monitoring and evaluation to ensure that you are getting the best from the apprenticeship.
Speak to one of our team on 0114 225 5000