Chartered Management Institute comments on the Apprenticeship levy
Petra Wilton, director of strategy and external affairs for the Chartered Management Institute, commented on the Chancellors plans for an Apprenticeship levy:
“If businesses want a skilled workforce then it’s only right that they pay for it. There may be some grumbling in boardrooms about this new levy but it’s time to rid ourselves of any apprenticeship snobbery about the quality of these new routes into professional careers. Take the Chartered Manager Degree Apprenticeship, for example. It’s been developed by employers for employers. Delivered by universities and business schools, it ensures apprentices receive the best of all worlds: a business degree, professional Chartered status and on-the-job training.
“Businesses with an eye on the future must realise the value of the upskilling their managers. Poor leadership and management is the biggest cause of the UK’s productivity shortfall, according to the latest OECD Total Factor Productivity figures. High quality professional managers don’t come for free so it’s time for businesses to put their hands in their pockets and invest for the future.”