Executive chairman of HIT Training Ltd, John Hyde, has said that the changes in apprenticeship funding could result in less people embarking on apprenticeships. In a recent article for the Guardian, he says that the changes could results in an 80% drop.
It was recently announced that apprenticeship funding will be in the hands of employers rather than training providers. Hyde calls this decision “misguided “and outlines three reasons why it is a bad idea:
- Employers will be burdened with claiming money back through the tax system and will be subject to Ofsted inspections.
- Many businesses still don’t completely understand how apprenticeships work and training providers used to bridge this knowledge gap.
- SMEs could be marginalised as they dn;t habe the time or resoruces to run their own apprenticeship programmes.
Click here to view the full article.
