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IFS green budget 2017 chapter 8: reforms to apprenticeship funding in England

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Report - see abstract

Author(s): Amin-Smith, Neil; Cribb, Jonathan; Sibieta, Luke

Publisher: Institute for Fiscal Studies

Published: January 2017

Subjects: Accounting, Finance and the Economy; Human Resource Management and Employee Relations

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Abstract

This pre-released chapter from the forthcoming IFS Green Budget 2017 investigates how new apprenticeship reforms will affect the levels of and types of training done by employers, workers’ wages, skills and productivity, and firms’ overall performance. 

Specifically it:

  • Evaluates the rationale for the proposed expansion of funding for apprenticeships in England.
  • Describes the key details of the new policy and set it in a longer term policy context, including how numbers and types of apprentices have evolved to date.
  • Analyses the likely effects of the new system of apprenticeship funding on employers’ and individual workers’ incentives to invest in training and on employment, skills, productivity and wages, and the impact of new targets for employing apprentices in the public sector.

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