CMI comments on DfE’s January 2018 apprenticeship data
- Apprenticeship level is fundamental to closing the nation's chronic skills gap
Petra Wilton, direct of strategy for the Chartered Management Institute, says:
The latest statistics on new apprenticeships starts are beginning to show some promising increases, and it is still less than a year since the introduction of the Levy. The new apprenticeships were introduced as radical reforms to a failing system, where the UK was falling behind international competitors in terms of employer investment in higher level skills. Creating a new employer-led system through the Levy with employer-designed standards, is a major transformation that clearly will take time to fully embed.
The Levy is fundamental to closing the nation’s chronic skills gap. The national skills shortage is costing business dearly. Indeed, we need 1.5m new managers by 2024 to meet growing demand, yet four in five bosses surveyed by CMI say they're finding it tough to recruit the skilled workers they need. Today, management apprenticeships are one of the fastest growing areas, alongside digital and engineering. These apprenticeships are developing school leavers and workers alike to gain the world-class professional skills employers need to compete internationally.
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