Government’s new degree apprenticeship funding plans are a major blow to construction firms

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The government’s new plans to restrict levy funding of level 7 apprenticeships will widen the skills gap, hinder the economy and have a significant financial impact on construction firms needing to develop future managers, business leaders or fill specialist roles.

The warning comes from the University Vocational Awards Council (UVAC) which has produced a new national report in partnership with Sheffield Hallam University to explore the critical purpose of training apprentices of all ages to deliver jobs of the future.

The report also explores the importance of older apprentices to employers in a shifting labour market and the impact higher and degree apprenticeships, such as those at level 7, have on firms from a growth, employee retention, skills and productivity perspective.

Dr. Mandy Crawford-Lee, chief executive for UVAC commented: “The government’s policy aims to reduce levy funding of level 7 apprenticeships is a major blow to construction employers, the wider economy and the skills development of both senior level staff and those in specialist roles such

 link source - Construction Media

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