APSCo announces ‘unused’ Apprenticeship levy transfer scheme

New initiative enables members to share unused Apprenticeship Levy funds to continue to tap into emerging talent pools.

The Association of Professional Staffing Companies (APSCo) – in partnership with specialist training provider, Recruitment Juice – has launched a new initiative which enables members to share unused Apprenticeship Levy funds for the benefit of the wider recruitment profession.

Through the scheme, suppliers to the sector have donated a portion of their pots to help recruitment firms send delegates on Level 3 Team Leader and Level 3 Recruitment Consultant programmes from January 2020.

Much needed gift

Thanks to funds which have been gifted by companies including: Contractor Umbrella; Brookson; Giant; 6CATS, Paystream, Smartwork, Orbital Payroll Group and Optionis, up to 60 learners will benefit from the initiative across London, Manchester and Birmingham.

This is thanks to new rules introduced in April 2019, that allows employers, who can’t use their entire pot to upskill their staff, to donate 25% of their funds to other companies rather than it going to the Treasury.

Emerging talent pools

Commenting on the initiative, Ann Swain, Chief Executive of APSCo, commented: “It’s inspiring to see APSCo affiliate members coming together to donate their surplus levy funds to help the wider recruitment profession, and I’d like to offer my sincerest thanks to all those involved.”

Tapping into emerging talent pools is increasingly becoming a proven method for companies to find top-tier talent and create a strong pipeline of future leaders – and supporting the training of these individuals through the Apprenticeship Levy means that funds do not go to waste. Through sharing unspent pots, our affiliates are ensuring that our members have the opportunity to develop their own people, safeguarding the future of our profession.”

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