New research has shown that a large number of businesses in hospitality still know nothing about the Apprenticeship Levy, suggesting that the sector is not grasping the opportunities of the training initiative.
According to the YouGov research commissioned by Alliance Manchester Business School, 48% of employers and 57% of employees know nothing about the Apprenticeship Levy.
The survey also found that 51% of businesses are worried about maintaining quality teams in the next two years, yet findings indicate that many are doing little to improve staff retention.
More than a third (39%) admitted to offering no formal professional development for employees, despite 80% of workers saying that quality training is an important factor when deciding whether to leave a job.
“This survey clearly shows that the limited awareness of the Apprenticeship Levy spans the entire workplace, with employees as well as business decision makers knowing very little about it and therefore the opportunities it offers,” says Dr David Lowe, programme director for MSc Management Practice at Alliance Manchester Business School.
“On one hand employers are not presenting professional development options to staff while workers are likewise not approaching their employers for the opportunity to complete management programmes because they either don’t know it’s a possibility, or don’t think their company would support it. Meanwhile the UK is continuing to miss out on the growth opportunity provided by a highly skilled management force.”