Are You Levy Ready? How Much Do You Know About Higher And Degree Apprenticeships?
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Questions and Answers
- 1.
What is the target number of Apprenticeships by 2020 stipulated by the government?
- A.
1 million
- B.
3 million
- C.
5 million
Correct Answer
B. 3 millionExplanation
The target number of apprenticeships by 2020 stipulated by the government is 3 million. This means that the government aims to have 3 million apprenticeships in place by the year 2020. This goal reflects the government's commitment to promoting and supporting apprenticeships as a means of providing valuable skills and training to individuals and addressing the skills gap in the workforce.Rate this question:
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- 2.
What percentage of these must be Higher and Degree Apprenticeships?
- A.
15%
- B.
5%
- C.
No defined percentage
Correct Answer
C. No defined percentageExplanation
The given answer states that there is no defined percentage for the number of Higher and Degree Apprenticeships. This means that there is no specific requirement or guideline regarding the proportion of Higher and Degree Apprenticeships that must be included. Therefore, the percentage of these apprenticeships can vary and is not fixed.Rate this question:
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- 3.
On average, how much more can a learner who completes a Higher or Degree Apprenticeship earn over their working life?
- A.
£30,000
- B.
£150,000
- C.
£300,000
Correct Answer
B. £150,000Explanation
Completing a Higher or Degree Apprenticeship can lead to a significant increase in earnings over a learner's working life. The correct answer is £150,000, which suggests that, on average, individuals who complete these apprenticeships can earn £150,000 more than those who do not. This highlights the long-term financial benefits and potential career advancement opportunities that come with completing a Higher or Degree Apprenticeship.Rate this question:
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- 4.
How many employers are designing apprenticeship standards so they meet the needs of their particular industry in the Trailblazer programme?
- A.
1300
- B.
50
- C.
500
Correct Answer
A. 1300Explanation
In the Trailblazer programme, 1300 employers are designing apprenticeship standards to meet the specific requirements of their industry. This indicates a high level of engagement and commitment from employers in tailoring the apprenticeship standards to ensure they are relevant and effective in addressing the needs of their particular industry.Rate this question:
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- 5.
How many standards per occupation?
- A.
5
- B.
1
- C.
10
Correct Answer
B. 1 -
- 6.
What percentage of 213 published apprenticeship standards are focused on Higher and Degree Apprenticeships?
- A.
5%
- B.
17%
- C.
40%
Correct Answer
C. 40%Explanation
40% of the 213 published apprenticeship standards are focused on Higher and Degree Apprenticeships. This means that out of the total number of published apprenticeship standards, 40% of them are specifically designed for Higher and Degree Apprenticeships.Rate this question:
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- 7.
What is the Apprenticeship Levy?
- A.
A tax on organisations who employ apprentices
- B.
A means of funding the target number of apprentices required by 2020
- C.
A payment made by apprentices on conclusion of their apprenticeships
Correct Answer
B. A means of funding the target number of apprentices required by 2020Explanation
The Apprenticeship Levy is a means of funding the target number of apprentices required by 2020. This levy is a tax imposed on organizations that employ apprentices, and the funds collected are used to support and increase the number of apprenticeships available. The goal is to ensure that a specific number of apprenticeships are created and maintained to meet the target set for 2020.Rate this question:
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- 8.
When does the Levy start?
- A.
2020
- B.
2017
- C.
2019
Correct Answer
B. 2017Explanation
The correct answer is 2017. This implies that the Levy started in the year 2017.Rate this question:
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- 9.
Who has to pay the Apprenticeship Levy?
- A.
All organisations
- B.
All public and private sector organisations with a pay bill of over £3m
- C.
Private sector organisations only
Correct Answer
B. All public and private sector organisations with a pay bill of over £3mExplanation
The Apprenticeship Levy is a tax that was introduced in the UK to fund apprenticeship training. It requires all public and private sector organizations with a pay bill of over £3 million to pay the levy. This means that both public and private sector organizations that meet the pay bill threshold are obligated to pay the Apprenticeship Levy.Rate this question:
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- 10.
Who can use the funds raised by the Levy?
- A.
Only those organisations who have paid into it
- B.
All employers
- C.
Only public sector employers
Correct Answer
B. All employersExplanation
All employers can use the funds raised by the Levy. This means that any organization, regardless of whether they have paid into it or not, can access and utilize the funds raised through the Levy. This implies that the funds are not limited to specific organizations or sectors, but rather available to all employers.Rate this question:
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- 11.
Who can become a Higher or Degree Apprentice?
- A.
Anyone aged under 25
- B.
Only new recruits
- C.
New or existing employees of any age who meet the entry criteria
Correct Answer
C. New or existing employees of any age who meet the entry criteriaExplanation
Higher or Degree Apprenticeships are open to both new and existing employees of any age who meet the entry criteria. This means that individuals who are already working for a company can pursue a Higher or Degree Apprenticeship to further their skills and education. It is not limited to only new recruits or individuals under the age of 25. This flexibility allows companies to invest in the development of their current workforce and provide opportunities for career progression and upskilling.Rate this question:
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- 12.
How can an applicant find an apprenticeship?
- A.
By using the government’s Apprenticeship website www.apprenticeships.gov.uk
- B.
Contact a Higher Education Institution
- C.
Through the Jobcentre
Correct Answer
A. By using the government’s Apprenticeship website www.apprenticeships.gov.ukExplanation
The government's Apprenticeship website, www.apprenticeships.gov.uk, is the recommended method for applicants to find an apprenticeship. This website likely provides a comprehensive list of available apprenticeships, allowing applicants to search and apply for positions that align with their interests and qualifications. Contacting a Higher Education Institution or the Jobcentre may also provide some information and assistance in finding apprenticeships, but the government's website is likely to be the most reliable and efficient resource for this purpose.Rate this question:
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