March 2015 #AAC15 Annual appr Annual apprentic enticeship eship conf nfer erenc ence and and exhibition hibition Day 1 slides Da y 1 slides #AA #AAC15 15 Trailblazer funding pilot ~ rules and rates Nick Linford Author of the Complete guide to funding apprenticeships Order from www.lsect.co.uk/guide Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 1
March 2015 #AAC15 Framework ‘v’ Standards funding Frameworks (current) Trailblazer standards (new) 12/ 13 listed rates per qual on LARS not linked to fee Rate differs per age (16-18, 19-23 & 24+ & 19+ co-funding) Weightings PW, DU and ACU Achievement 20% of funding, paid to provider Discount (25% ) for employer with 1000+ employees 16-24 Apprenticeship Grant for Employers (AGE) for less than 50 employees Framework funding Frameworks on AFO (England) 16-18 Level Frameworks Framework Level Funding 2 134 Accounting 2 £4,142 3 160 3 Accounting £4,198 4 35 Accounting 4 £5,330 5 15 Activity Leadership 2 £4,535 6 3 4 Advanced Manufacturing Engineering - 7 1 Advertising & Marketing Communications 4 £5,961 Total 348 Agriculture 2 £4,185 Agriculture 3 £7,112 Agriculture 4 £11,816 Animal Care 2 £4,346 Animal Care 3 £6,435 Animal Technology 2 £6,733 3 Automotive Clay Modelling £13,739 5 Automotive Management and Leadership - Aviation Operations on the Ground 2 £4,988 Aviation Operations on the Ground 3 £9,445 Banking 4 £5,339 Barbering 2 £5,987 Barbering 3 £5,983 2 Beauty Therapy £4,630 Beauty Therapy 3 £6,095 Blacksmithing 3 £9,203 Bookkeeping 2 £2,986 Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 2
March 2015 #AAC15 Framework funding Lowest 16-18 framework rate Rail S ervices L3 £2,190 Highest 16-18 framework rate 16-18 fully funded Farriery L3 £17,032 19-23 co-funded (53% less than 16-18) 24+ co-funded (20% less than 19-23) 16-18 19-23 24+ 348 Frameworks Framework funding Lowest 16-18 framework rate Rail S ervices L3 £3,469 Highest 16-18 framework rate 16-18 fully funded Farriery L3 £26,979 19-23 co-funded (53% less than 16-18) But, there may also be: 24+ co-funded (20% less than 19-23) Area cost uplift (up to 20% extra) Disadvantage uplift (up to 32% extra) And… 19+ large employer discount reduces 16-18 funding by 25% Provider may choose 19-23 to charge a 19+ fee 24+ 348 Frameworks Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 3
March 2015 #AAC15 Framework ‘v’ Standards funding Frameworks (current) Trailblazer standards (new) 12/ 13 listed rates per qual One of 5 capped rates on LARS not linked to fee per standard with link to fee Rate differs per age (16-18, Rate same regardless of age with 19-23 & 24+ & 19+ co-funding) 16-18 employer incentive only Weightings PW, DU and ACU No DU or ACU weightings Achievement 20% of funding, Completion payment paid to provider Discount (25% ) for employer with No incentive payment to employers 1000+ employees with 50 or more staff 16-24 Apprenticeship Grant for S mall employer (less than 50 Employers (AGE) for less than employees) incentive paid to the 50 employees employer Trailblazer standards ‘ready for delivery’ ILR TBS Trailblazer Group Standard Name Level Funding cap Code Aerospace Aerospace Manufacturing Fitter 3 £18,000 3 Automotive Control/ Technical S upport Engineer 6 £18,000 9 Automotive Electrical/ Electronic Technical S upport Engineer 6 £18,000 10 Automotive Manufacturing Engineer 6 £18,000 11 Automotive Mechatronics Maintenance Technician 3 £18,000 4 Automotive Product Design and Development Engineer 6 £18,000 12 Automotive Product Design and Development Technician 3 £18,000 13 Digital Industries Network Engineer 4 £18,000 1 Digital Industries S oftware Developer 4 £18,000 2 Electrotechnical Installation Electrician/ Maintenance Electrician 3 £18,000 5 Energy and Utilities Power Network Craftsperson 3 £18,000 6 Financial S ervices Administrator Financial S ervices 3 £8,000 8 (Adviser Firm or Network) Financial S ervices Relationship Manager (Banking) 6 £18,000 7 Food and drink Food and Drink Maintenance Engineer 3 £18,000 TBC Life and industrial sciences Laboratory Technician 3 £18,000 TBC Life and industrial sciences S cience Manufacturing Technician 3 £18,000 TBC 16 standards, and all but one set at rate 5 (£18k) Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 4
March 2015 #AAC15 Trailblazer standards funding Core government contribution (CGC) cap £18k £8k £6k £3k £2k Funding Funding Funding Funding Funding band 2 band 3 band 4 band 1 band 5 Trailblazer standards funding CGC cap £27k Paid to Employer cash fee provider Completion incentive £18k Paid to Small employer incentive employer 16-18 incentive £12k £10.8k £9k £8k £6k £4.5k £4.8k £9k £3k £3.6k £3k £1.9k £4k £2k £1.6k £3k £1.5k £1k Funding Funding Funding Funding Funding band 2 band 3 band 1 band 4 band 5 Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 5
March 2015 #AAC15 Trailblazer standards funding CGC value negotiated Employer cash fee Completion incentive Small employer incentive Fixed 16-18 incentive Funding Funding Funding Funding Funding band 2 band 3 band 4 band 1 band 5 Trailblazer standards funding CGC value negotiated Employer cash fee Completion incentive Small employer incentive Fixed 16-18 incentive Funding Funding Funding Funding Funding band 2 band 3 band 1 band 4 band 5 Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 6
March 2015 #AAC15 Trailblazer standards funding CGC value negotiated Employer cash fee Completion incentive Small employer incentive Fixed 16-18 incentive Funding Funding Funding Funding Funding band 2 band 3 band 4 band 1 band 5 Trailblazer standards funding CGC value negotiated Employer cash fee Completion incentive Small employer incentive Fixed 16-18 incentive Funding Funding Funding Funding Funding band 2 band 3 band 1 band 4 band 5 Visit www.lsect.co.uk/guide to purchase the Complete Guide to Funding Apprenticeships 7
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