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Impact Futures supports workforce growth in hospice

News

2 November 2021

Impact Futures enabled Acorns Children’s Hospice in Walsall, the West Midlands, to hire two new apprentices in 2021 through an apprenticeship levy transfer by the Youth Hostel Association (YHA) charity.

Impact Futures arranged and advised over the apprenticeship levy transfer in May, enabling the Hospice to recruit two new staff members to help provide end-of-life care.

The Hospice provides specialist palliative care for life-limited and life-threatened babies, children and young people and has benefitted from YHA’s generous donation with the expansion of their team, and formal qualification and skills provision of their new and existing employees.

Karl O’Neil, Talent Development Partner at the Acorns Children’s Hospice, described the donation as “offering employment and a chance for a long and very rewarding career that contributes directly in supporting the work we do”.

What is the apprenticeship levy?

The apprenticeship levy is a 0.5% payroll tax for companies with a wage bill of more than £3 million a year, which can be reinvested through apprenticeship training.

Businesses paying the levy can transfer 25% of any unspent accumulated levy to another company for apprenticeship training and upskilling to support charitable organisations and benefit the community. Commercial Director of Impact Futures, Mark Wheeler, commented on the Acorns Children’s Hospice’s Levy transfer project:

“We’re delighted to have supported YHA in making this generous and much-needed funding boost for a fantastic cause. With so much money currently going to waste year in year out, we continually support our clients in utilising their apprenticeship levy to not only develop their workforce but also enabling others to do so too.”

Apprenticeship levy transfers are beneficial to employees as well as for broader business development, with individuals able to take advantage of the fully funded courses and qualifications to upskill themselves, enhance their employability and improve their performance at work.

Benefitting the community through training 

The transfer won’t be the last of its kind. Impact Futures works alongside levy-paying companies to spend a percentage of their collective £1bn unused levy funds on apprenticeships for charitable organisations.
With so much of the apprenticeship levy currently remaining unused, Impact Futures wants to upskill the individual, benefit the community, and support critical sectors through its advisement to companies paying the levy.

At Impact Futures we ensure companies have a clear strategy in place to utilise the levy to the greatest benefit of both organisation and workforce.

Find out more about how your business can benefit from our apprenticeship levy support service.

 

Got any questions?

We’re all about making an impact, be that individuals making an impact through their day-to-day work, or by organisations making their impact on our economy.

As a national training provider, we make this impact throughout the UK, with expertise in childcare, healthcare, clinical and business skills apprenticeships.

If you have any questions, whether it be about this article or anything else, complete the form below, call us on 01753 596 004, or email us.

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