The Waterside Managed Apprenticeship
At Waterside, all apprentices on the fully managed apprenticeship scheme are employed by Waterside Training and they receive a salary and the usual employment entitlements, however, our apprentices are ‘sponsored’ by manufacturing, engineering and process industry companies to provide the work based experience.
We tailor specific programmes to meet the exact needs of company’s future workforces. Due to the ageing workforce population in industry, apprenticeships can provide closure of the skills gap that many companies are experience providing a workforce for the future, therefore, you are making a considerable investment for the future should you decide to invest in sponsoring an apprentice for your company via our Managed Scheme.
At Waterside, if you decide as a company to select a Waterside Managed Apprenticeship, this means Waterside will select, recruit, employ and train the apprentice. The apprentice is directly employed by Waterside Training and sponsored by a company site (the sponsoring company) to carry out the vocational and site based training for the apprentice to become trained to NVQ L3 standards. The apprentice will spend four days a week on site and 1 day release to attend Technical College throughout the programme. Waterside will carry out all recruitment and tailor the programmes to the sponsoring company requirements in line with the mandatory apprenticeship framework. We undertake to pay for the costs of the training programme, including salary costs in return for a management fee. We have now developed a fully managed service to release companies from the time consuming process inherent in the recruitment and ongoing administration of training apprentices and have successfully provided companies with there future workforces.
THE WATERSIDE MANAGED APPRENTICESHIP FEES
The management fees for a Waterside Managed Apprenticeship consist of salary, employment and training costs, reviews, further and higher education costs, supplementary training courses, residential programmes, tools, workwear, registration and certification of NVQ programmes and are charged on a monthly basis per apprentice for the duration of the apprenticeship programme.
Further details can be obtained from Waterside for our current Apprentice Intake.
An outcome related Completion Bonus Refund is payable to the sponsoring 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