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FUNDING THE APPRENTICESHIP
Under 50 Employees
If you have under 50 employees and employ an Apprentice aged 16-18, there is no cost for the services Rochdale Training provides. There is a 5% employer contribution if you recruit an Apprentice aged 19 or over.
Over 50 Employees
If your wage bill is under £3m each year and you have over 50 employees, you are a ‘non-levy paying employer’ but still share the cost of training and assessing your Apprentices with the government - this support with Apprenticeship costs is called ‘co-investment’. The
co-investment rate has changed for new Apprenticeships starting on or after 1 April 2019. You will now pay
5% towards the cost of Apprenticeship training. The government will pay the rest (95%) up to the funding band maximum.
90% of employers strongly agree/agree that Rochdale Training is a good provider
Employer Survey 2023
Wage Bill of more than £3 million
As an employer with a wage bill of more than £3 million, you’re required to pay the Apprenticeship levy. You can manage funds using the Apprenticeship service and spend it on training and assessing your Apprentices. The government will apply a 10% top-up to the funds you have in your account. If you don’t have enough funds, you just pay 5% of the outstanding balance and the government will pay the rest.
Become a member company
Become a member company
of Rochdale Training
As a member company of Rochdale Training, you are not only part of the organisation, but you also have a voice in its future growth and development. In return, you
will receive tangible benefits in the form of discounted rates on short courses and room hire. Members also have the opportunity to be represented at school career evenings, awards evenings and breakfast events.
There are different levels of membership, which can be found by scanning this
QR code:
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Apprenticeships • Workforce Development • Short Courses • Health & Safety Training