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In England, one of the biggest barriers for employers considering taking on apprentices – particularly in small and medium-sized enterprises (SMEs) – is the fear that they will leave at the end of their apprenticeship, taking their skills with them.
These loans, however, would only apply to businesses taking on apprentices aged 21 and over.
The government would pay some companies £1,500 to take on apprentices and hiring processes would be simplified, he said.
Employers will also be put off from taking on apprentices because they will now be subject to Ofsted inspections.
Who could possibly object to a party that encourages entrepreneurs to take on apprentices – ideally at a hi-tech hub?
Mark Snee, the owner of a printing firm in Leeds that employs 25 people, took on apprentices every year from 1999 to 2005.
To address the compounding effects of trade and technology on displaced workers, she would promote training, and include a tax credit for businesses that take on apprentices.
Employer tax breaks, possibly funded through PAYE returns, could encourage more businesses to take on apprentices, but might discourage some SMEs.
"Many have difficulty taking on apprentices due to administrative issues around employers' liability insurance and the reduction of government funding," a spokeswoman said.
Similar(2)
persuading more employers to take-on apprentices is dependent upon reducing the financial risk for employers either by: (a) reducing the costs that employers incur in training apprentices; or (b) increasing the costs faced by non-trainers of apprentices. .
This means there is relatively little slack in the system; persuading more employers to take-on apprentices is dependent upon reducing the financial risk for employers either by: (a) reducing the costs that employers incur in training apprentices; or (b) increasing the costs faced by non-trainers of apprentices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com