Energy company BP is fuelling SME growth after gifting £100k of its unused apprenticeship levy funds to the Total People £1million in 100 days campaign.
The multinational corporation has pledged a fantastic £100k towards the Leadership and Management sector. This could go towards supporting up to 14 Level 5 Operations Manager apprentices and boosting the sector.
Charlotte Stacey, Head of UK Apprenticeship Programmes, said:
We currently have underspent apprenticeship levy funds and are working to identify organisations including small businesses who can receive the funds to create a positive change within their business.
“The Management and Leadership sector in particular is important to us as we are a people business and having great leaders is core to our talent and learning strategy. We believe that this capability is important in all organisations and integral to the growth in UK productivity that the apprenticeship levy seeks to support.”
BP is the third employer partner to gift unused apprenticeship levy funds to the campaign following Apleona’s pledge for the Health and Social Care sector, and Metroline gifting £100k for the Automotive and Electrical sector. This has enabled to campaign to reach £300k in its first month alone.
Leanne Shackleton, Levy Gifting Manager, at Total People, said: “I am thrilled to welcome BP to the £1million in 100 days campaign and delighted that they have gifted such an amazing amount to Total People’s life-changing campaign.
“Every penny gifted makes a huge difference to people’s lives and helps boost SME business growth. Gifting levy is a great way to put money, which would otherwise be returned to the treasury, to great use, and I would urge other large employers to call me on 0371 705 2925 and find out how we can help your unused funds have a real, lasting impact.”
Levy paying employers are those with a wage bill of over £3m and see 0.5 per cent of their payroll go to HMRC to the levy. In April 2019, the Government made it possible for levy paying employers to ‘gift’ up to 25 per cent of their apprenticeship Levy to fund new apprenticeships.
Levy paying employers looking to join the campaign should visit:
- Our Levy Gifting page or call 0371 705 2925
SMEs who would like to access fully-funded apprenticeship training at no extra cost to your business can visit:
- Our SME Funding page or call 0333 242 5680