The Company Employed Apprenticeship
At Waterside, all apprentices on a Company Employed Apprenticeship scheme are employed by the Sponsoring Company, however, Waterside will manage the mandatory apprenticeship framework with the options of adding on other elements. The programme can be tailored to the specific requirements of the company to meet the exact needs of your business. Waterside will oversee the training programme working in partnership with the employing company in line with the apprenticeship framework.
Waterside Training Limited takes full responsibility for the mandatory apprenticeship framework, however, additional services are available to add on to an individual programme to enhance the programme. These additional services can be requested at an additional cost.
An apprenticeship offers a wide range of benefits for all concerned:
- ability to identify and develop people into skilled jobs with a commitment to a career and future at their employing company
- training and skills development based on national industry standards leading to improved company performance
- to ensure that future employees are trained on-the-job with a wide range of flexible skills for today’s workplace
- company recognition for the commitment to train and develop its future employees
ADDITIONAL APPRENTICESHIP BOLT-ON SERVICES
The following services can also be provided to the programme at an additional cost:
- Residential Training
- Specific Training Programmes, 17th Edition, 2391, Mechanical Maintenance
- Team Building
- Induction Programmes
- Top up training
- Tools, Overalls and Equipment
- Recruitment assistance (Testing, Interviewing, assistance at Assessment Centres)
COMPANY EMPLOYED APPRENTICESHIP FEES
The management fees for a Waterside Company Apprenticeship consist of training costs, reviews, further and higher education costs, registration and certification of NVQ programmes and are charged on a monthly basis per apprentice for the duration of the apprenticeship programme. Additional elements are available at an additional cost and further details can be obtained from Waterside for our current apprenticeship intake.
An outcome related Completion Bonus Refund is payable to the employing company on successful completion of the apprenticeship (subject to SFA Skills Funding Agency Funding levels).
It is assumed each individual would have an entitlement of grant from the SFA for a minimum of 3 years and a maximum of 4 years. However, this is not guaranteed and therefore, fees may vary.
Notes:
- Full contracts will be drawn up prior to commencement of the programme
- Fees will be agreed and payable monthly via the Schedule of Payments issued September and April
- Completion bonus payment, (subject to SFA funding) will only be paid to the company on receipt of the Certificate indicating successful achievement of the Agreed Apprentice Framework
- All figures quoted are subject to Government Funding levels and criteria remaining in force
- All fees will be reviewed on a 12 monthly basis around September each year