WHAT IS THE IMPACT THAT BREXIT WILL HAVE ON APPRENTICESHIPS?

In the month of June, the voters of the United Kingdom took the momentous choice to withdraw from the European Union. Despite the fact that the procedure for activating Article 50 would not commence until the beginning of the next year, a number of experts have expressed concern that the economy and employment opportunities in the United Kingdom may be in jeopardy. We are convinced that the logistics apprenticeships that are being given by companies all throughout the United Kingdom will continue to be of use to employers and industry for a very long time into the future here at Bis Henderson Academy. On the other hand, we have compiled a selection of the most important facts that we have learned concerning apprenticeships and Brexit up to this point. Required for resiliency The government made a commitment to launch three million apprenticeships by the end of the decade, highlighting the strength of the program and the government’s willingness to invest in the future of young people across our nation. This commitment was made during a time of uncertainty in the previous year. We believe that it is essential to develop and expand the training and apprenticeships that are offered to young people, particularly in order to assist organizations in staying on top of any worries that may be brought about by Brexit. This is because apprenticeships are a practical way for employers to equip new recruits and existing staff with the skills that are necessary to help industry thrive. uncertainties on the future financing Approximately 50,000 manufacturing apprenticeships in the United Kingdom are reliant on exports to the European Union, as stated by Alan Johnson, a member of parliament for labor. In the event that the United Kingdom decides to withdraw from the free movement of labor within Europe, it is anticipated that there will be a need for an increase in the number of level three apprenticeships. Nevertheless, the achievement of such a rise is also contingent on the ability to finance it, which is a matter that raises a number of issues that need immediate attention. Skills funding agency (SFA) is the organization that is responsible for distributing the European Social Fund (ESF) on behalf of the United Kingdom government. This made it possible for 107 providers, which included colleges and independent training providers, to avail themselves of collective financing totaling more than £305 million for the 2015–2016 academic year. Because of Brexit, there is a possibility that the structure of financing for apprenticeships may be altered. Bis Henderson Academy, on the other hand, is committed to assisting you in maximizing any funds that may be available to you and supporting you through any changes that may occur. At the same time, we wish to contribute to the establishment of a secure future for apprenticeships and to encourage the development of a new generation of logistics experts. In the event that you are interested in learning more about apprenticeships, whether you are an employer or a potential apprentice, please get in touch with our helpful staff here at Bis Henderson Academy as soon as possible.

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