Employers often find the qualification and funding system overly complicated.
People 1st research has found that only seven per cent of businesses have used government funding to train their staff - others are either unaware of how to go about it, or have given up because of perceived bureaucracy.
Statistics also show that the larger a company is, the more likely it is to have accessed government funding for training. UKSP can help businesses of all sizes to benefit from funding through clear information, advice and guidance.
Why is funding confusing?
The funding system is notoriously complex – the government only has a finite amount of money to spend, so funding agencies need to guarantee value for money and consider various priority areas.
Funding differs across the four UK nations and, often, there are also variations across the English regions. It may also depend on the learner’s age and previous qualifications, and can be made available to meet specific industry priorities.
How can I get funding?
Although most hospitality, leisure, travel and tourism employers train their staff, only a fraction of this training leads to a formal qualification. However, most government funding for training is aligned to qualifications!
By finding the right qualifications for your staff, your business could profit from funded support. This is especially beneficial to smaller employers and can boost their overall training investment.
And funding shouldn’t be the only reason to consider offering qualifications. People 1st research shows that employers offering qualifications are more likely to retain their staff, see real returns on the upfront investment and see an increase in sales.
How can UKSP help?
Search UKSP's Good Qualifications, those qualifications most valued by employers, to find straightforward advice on which specific training is fundable and the training providers that offer it, who you can then contact for more advice.