A new approach to funding apprenticeships will provide better value for money so that people can benefit from the training opportunities on offer and progress in their careers, says Anne Milton writing in FE Week.
I have spoken a lot about the important changes we are making to improve the quality of apprenticeships in this country.
One of the biggest changes has been to introduce apprenticeship standards – new, high-quality apprenticeships replacing the older “frameworks”. I’m really pleased that the number of people starting these apprenticeships has increased by almost 1,000 per cent in the last year. Of those starting apprenticeships only 2.5 per cent were on standards this time last year, and now it’s over 40 per cent.
Apprenticeship standards are designed by employers themselves. By putting employers in the driving seat, we make sure that apprentices receive the training they need and make sure people have the skills businesses are crying out for, so they can get on and grow their career.
Since its creation in April 2017, the Institute for Apprenticeships has been responsible for managing the development of these new apprenticeship standards. Their work includes advising me about the right funding level for each new standard that is approved.