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The Prime Minister recently announced a major overhaul of the apprenticeship system in England, introducing a new growth and skills levy that will replace the existing levy. Key changes include funding for shorter, flexible apprenticeships and a focus on foundational apprenticeships to meet critical industry demands, making it easier for young people to gain essential skills. As more updates emerge from Skills England and the Department for Education, we’ll be available to help clients fully understand and leverage these opportunities. For more information, visit: https://bit.ly/3OrUwgl #ApprenticeshipLevy #IndustryUpdates

As Youth Apprenticeship Week comes to a close, let's reflect on the impact of apprenticeships in building a strong workforce. Here's to all the young apprentices, mentors, educators, and employers who make it possible! #yaw2024 #apprenticeshipusa

Building off the success of #NationalApprenticeshipWeek, this past week has been the 1st ever #YouthApprenticeshipWeek (YAW), which is a nationwide celebration that highlights the benefits and value of Registered Apprenticeship program opportunities for youth, ages 16–24. Employers, educators, labor unions, workforce professionals, and their partners across the country are launching Registered Apprenticeship programs that allow youth to earn competitive wages while obtaining the relevant training and experience to start their careers, often including the opportunity to earn college credit. According to the U.S. Department of Labor, the number of active youth apprentices increased by 118% over the last 10 years, from 119,996 to 262,221. It also says that 94% of apprentices who complete a Registered Apprenticeship retain employment – with an average annual salary of $80,000. Learn more here: https://lnkd.in/evRRmHhm

Do you know the last time the National Apprenticeship Act was updated? 1937! The National Apprenticeship Act (NAA) authorizes the U.S. Department of Labor to manage the registered apprenticeship programs (RAPs) system. As an effective “earn-and-learn” system, apprenticeship programs need federal investment that can enable evolution to the needs of today’s learners, workforce, and industry. How can this investment grow apprenticeships alongside Career and Technical Education?

The key to building a future-ready talent pipeline? A recent WCA healthcare-focused meeting with New York State Department of Labor Commissioner Roberta Reardon highlighted apprenticeships as the potential answer. Registered apprenticeships could transform the healthcare industry by cultivating a locally rooted, highly trained workforce. To date, the Department of Labor has invested $7M in workforce development funds for apprenticeship programs to help regional employers access the tools needed to train and retain talent. Learn more about WCA's workforce initiatives: https://bit.ly/3nHW6gF

Why is there a pressing need to refocus apprenticeship funding on younger, trade-focused apprenticeships? Our report explores the implications of the current system and potential reforms: https://ow.ly/hqsm50Svnfr

More than 200 people in Norfolk have started apprenticeships through the Apprenticeships Norfolk Levy Support Scheme. The initiative has facilitated over £2.4 million of unused levy to fund apprenticeships in businesses across a diverse range of sectors, helping to provide the skills they need to grow, as well as clear career paths for the apprentices. Discover how your business can benefit at https://lnkd.in/eEvY2Cdw #AmbitiousforNorfolk #NCCbethedifference

Next week (May 5- 11) is Youth Apprenticeship Week (YAW), a nationwide celebration that highlights the benefits and value of #RegisteredApprenticeship program opportunities for youth, ages 16–24. Employers, educators, labor unions, workforce professionals, and their partners across the country are launching Registered Apprenticeship programs that allow youth to earn competitive wages while obtaining the relevant training and experience to start their careers, often including the opportunity to earn college credit. If you're a #manufacturer in need of #SkilledWorkers, apprenticeship programs are a great way to find and promote talent. https://lnkd.in/evRRmHhm

Increased Apprenticeship Funding: • Starting from April 1st, the government will fully fund apprenticeships in small businesses by covering the entire cost of training for individuals up to the age of 21. This move is expected to reduce costs and administrative burdens for businesses while creating more opportunities for young people to kick-start their careers. • An additional £60 million in government funding has been allocated for the next year, ensuring that there is sufficient funding to meet the demand for apprenticeships from businesses.

Join ACE to discuss how apprenticeship sponsors can contribute to economic mobility and apprentice success. Explore the pivotal role of apprenticeships in shaping the future of the workforce and fostering opportunities for aspiring apprentices. https://ow.ly/jx8q50QY67o