HIT Training has launched a new campaign to urge hospitality businesses to access their Apprenticeship Levy funding.
Don’t Waste: The Future of Hospitality aims to bring the industry together to champion the varied career opportunities available and implement practical solutions to lessen the skills shortage.
As part of this, HIT Training is calling on Levy-paying business in the hospitality sector to pledge to fund at least one apprenticeship outside of their company.
It comes as new research reveals that 65% of Levy-paying hospitality businesses are currently unaware they can transfer 10% of their funds to SMEs or charities in the sector (which will increase to 25% this year).
There is currently £2.28bn of unspent Levy funding in the UK, with fewer than half of hospitality businesses having used their Apprenticeship Levy.
To assist Levy-paying businesses, HIT Training has created a pledge portal where companies can commit their support to transfer a percentage of their Levy fund or download more information on how the Levy transfer process works.
Jill Whittaker, managing director of HIT Training, said: “Hospitality is one of the most vibrant and exciting sectors to work in, yet we continue to face multiple challenges when it comes to dispelling the outdated and negative perceptions of what a career in the industry entails. The year ahead is going to be a challenging one for everyone, so we need to do all that we can to protect our industry and provide aspirational career opportunities to the next generation of hospitality stars.
“That’s why we’ve launched the Don’t Waste: The Future of Hospitality campaign. We want to bring the industry together to utilise its combined resources and support businesses of all shapes and sizes to provide high-quality development opportunities through apprenticeship programmes. Together, we have the power to make real change and protect the future of our industry.”
The Apprenticeship Levy applies to all businesses with an annual PAYE bill of over £3m at the rate of 0.5% of their total pay bill. Businesses which fall under this threshold must pay 10% of the cost of apprenticeships, with the government funding the remaining 90%.