Automation and AI are transforming the workplace and bringing with them demands for new skill if firms are going to stay competitive. But as the world of work rapidly changes, skills gaps only threaten to widen.
The CBI’s new report – ‘Learning on the job: Improving the Apprenticeship Levy’ – sets out a four-step plan to reform the Apprenticeship Levy to ensure UK businesses have the talent they need to stay competitive.
The CBI is calling on the government to:
- Help firms to better understand how the Levy is working, what’s being funded by the government and how their contributions are being spent
- Engage smaller firms with practical, online support and locally-led ‘matching services’ which allow more large firms to pass on unused funds
- Introduce a £100m annual government top-up fund which allows firms of all sizes to continue using the scheme to spend on apprentices of all ages and skill levels
- Fulfil its commitment to publicly con