BT recently announced the launch of a £4 million apprenticeship program to support the next generation of tech talent. This initiative will provide funding for apprenticeships over a four-year period. Since 2017, businesses with an annual wage bill exceeding £3 million have been required to pay the apprenticeship levy, which helps fund the recruitment and training of apprentices. However, BT has taken a step further by partnering with apprenticeship training provider, Babington, to transfer up to £4 million from its levy funds to assist SMEs, charities, and the public sector in training new apprentices and enhancing their workforce.
Through this partnership, Babington will connect businesses with suitable training providers and guide them through the application process. Successful applicants will have access to fully funded apprenticeship training within 20 days. The program has the potential to support up to 550 apprentices, generating an economic impact of £21 million.
Chris Sims, BT Group’s managing director for small and medium businesses, emphasized the importance of supporting SMEs in investing in talent. By sharing their apprenticeship levy funds, BT aims to help create a skilled, diverse, and competitive workforce while providing SMEs with the resources to grow and scale their businesses. The apprenticeship program at BT has not only benefited their own workforce but has also set industry standards.
Jen Bramley, CEO of Babington, expressed excitement about the partnership with BT Group and the impact it could have on addressing skills gaps and supporting business growth across England. Their expertise in apprenticeships and training will ensure that SMEs can navigate the process smoothly and connect with high-quality training providers.
In addition to the apprenticeship program, BT Group has recently launched a new company-wide manifesto, signaling its commitment to rebuilding trust and credibility. The company’s new Openreach board also has plans in place to improve transparency and accountability.
Overall, BT’s £4 million apprenticeship program is a significant step towards nurturing the next generation of tech talent and supporting businesses in investing in their workforce. By providing funding and resources for apprenticeships, BT and Babington are helping to bridge skills gaps and drive economic growth in the tech sector and beyond.
