This page contains a Flash digital edition of a book.
Apprenticeship levy and the new Green Paper


Coupled with salary outcomes


data by course that is going to be released, students are going to be making different decisions about where they study and the courses they choose.


Policy promises a massive upheaval in recruitment


“Politics is too important to be left to politicians”, said the New Hampshire senator Warren Rudman. So if the title of this piece has you rolling your eyes, Stephen Isherwood, Chief Executive at AGR asks you to read on for a while, because two important policy initiatives that deeply affect our industry are underway.


large organisations. In 2017, organisations with a payroll of £3m or more will pay a levy of 0.5%. A business that pays out £5m in wages is going to have to find an extra £250,000 to pay to the tax man each year. But this is a tax with a purpose: the government wants more apprentices, considerably more apprentices. If that same business employs an apprentice, it could draw down £15,000 in training vouchers for each apprentice trained. Hire 16 and the levy bill is neutered.


F 08 Graduate Recruiter | www.agr.org.uk


irstly, the apprentice levy will have a direct impact on the early talent strategy of all medium to


Organisations that have not conducted a recent strategic review of the way they recruit graduates and school leavers certainly will be now. Convert graduates to apprentices, create degree apprentice pathways, reduce overall headcount, and outsource headcount? All of these are decisions that have a significant financial and operational impact on the business. FDs and COO who may have previously ignored the detail of early talent strategies now have a reason to engage.


The second policy initiative to be driven by the Department for Business, Innovation and Skills (BIS) is outlined


in the recent Green Paper on higher education; a paper that mentions ‘what employers want’ no less than 35 times according to the NUS. Universities that can demonstrate teaching excellence could be given the opportunity to increase fees. Coupled with salary outcomes data by course that is going to be released, students are going to be making different decisions about where they study and the courses they choose.


The Green Paper also proposes that other new providers of degrees should find it easier to enter the market. They may still offer traditional three or four


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32