DEGREE APPRENTICESHIPS |
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Build the future of your business
Degree apprenticeships are an inexpensive way for your organisation to attract and retain talented employees , develop your workforce , fill skills gaps and improve your company ’ s performance . They ’ re suitable for all sizes of organisations , from small businesses to multinational corporations .
Apprentices come to university to learn skills they can apply straight away to their jobs . When they complete their apprenticeship , they ’ ll have a full undergraduate or Master ’ s degree . They ’ ll study one day each week or fortnight on day release or do block release , which involves an intensive four-day week , three times a year . And , they ’ ll have access to our virtual learning environment , so they can study independently .
PORT . AC . UK / DA
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Where your employees will study
Students undertaking degree apprenticeships typically attend university for lectures and practical sessions one day a week for between one and five years , depending on the course . Students can also undertake training in the workplace during their normal working hours . If training takes place outside of working hours , you will owe your employee time off in lieu ( TOIL ). The employer and the University of Portsmouth are equally responsible for ensuring students take part in off-the-job training during their degree apprenticeship .
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Funding degree apprenticeships
Degree apprenticeships are an affordable way to develop your staff because they ’ re funded by your apprenticeship levy account or heavily subsidised by the Government .
• If your organisation has an annual pay bill of over £ 3 million , you can use your apprenticeship levy funding to pay for degree apprenticeships
• If your organisation doesn ’ t pay the apprenticeship levy because its annual pay bill is less than £ 3 million , the Government subsidises up to 95 per cent of the cost of degree apprenticeships
• If your business has fewer than 50 employees , the Government pays 100 per cent of the cost if , at the start of the apprenticeship , the degree apprentice is :
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Plus , when a degree apprentice is aged 16 – 18 or 19 – 24 with an EHC plan , the employer and training provider will get an extra incentive payment of £ 1,000 each to support the apprentice in their studies .
Most degree apprenticeship salaries start at £ 12,000 –£ 18,000 a year . This is set by the employer , but apprentices must earn the minimum wage . Existing employees usually stay on their current salaries when they do a degree apprenticeship .
PORT . AC . UK / DA-EMPLOYER
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• aged 16 – 18 |
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• aged 19 – 24 and has a local authority education , health and care plan ( EHC plan ) |