As the cost of going to university rises, many young people are looking to apprenticeships to gain qualifications and work experience at work rather than by going to University and spending much of their early working life in debt.
However, the new Degree Apprenticeship could offer the best of both worlds. It is a new education route, just launched by the Government, bringing together the best of higher and vocational training. This new option enables university study and the invaluable on-the-job training typical of an Apprenticeship, without having to cover the cost of tuition.
Leading graduate careers experts Prospects has launched a Guide to Degree Apprenticeships for Employers.
The new digital publication is intended to provide information and guidance to support employers in light of the introduction of the Apprenticeship Levy on 6 April 2017.
The Guide to Degree Apprenticeships for Employers follows a poll by City & Guilds that showed 33% of employers eligible to pay the new levy are not aware of its existence.
As well as information from the Skills Funding Agency on what the levy means for businesses, the guide features advice on degree apprenticeships and case studies.
Sarah Brookes, Marketing Director at Prospects said:
“Interest in apprenticeships has soared over the last couple of years, but there is still low awareness of the levy among some employers, both big and small. This guide is intended to provide an introduction as to what the levy may mean as well as explore the benefits of degree apprenticeships in particular.”
The Guide to Degree Apprenticeships for Employers is available to download at www.prospects.ac.uk/apprenticeships