'Red tape to be slashed' to boost apprenticeships
7 August 2008 13:25
The government has pledged to reduce unnecessary bureaucracy in order to make apprenticeships a better deal for London recruiters and other businesses.
Individuals looking at apprenticeships as a way into hedge fund jobs or other banking positions could benefit from the changes.
These include ending demands to store paperwork for up to six years, in addition to abolishing monthly reporting requirements and multiple inspection visits.
The government had expressed concerns bureaucracy surrounding the system had discouraged some firms from taking on apprentices.
John Denham, skills secretary, said: "Employers tell us that if we are to meet our ambitious aims to expand the number of apprenticeships, we need to cut the red tape around the programme."
He added the practical measures agreed will allow firms to meet their skills needs without time-consuming administration work.
The government notes there are over 180 apprenticeships available across 80 industry sectors.
Witan Jardine can help you find the best Banking Operations & Middle Office Jobs in London.
Individuals looking at apprenticeships as a way into hedge fund jobs or other banking positions could benefit from the changes.
These include ending demands to store paperwork for up to six years, in addition to abolishing monthly reporting requirements and multiple inspection visits.
The government had expressed concerns bureaucracy surrounding the system had discouraged some firms from taking on apprentices.
John Denham, skills secretary, said: "Employers tell us that if we are to meet our ambitious aims to expand the number of apprenticeships, we need to cut the red tape around the programme."
He added the practical measures agreed will allow firms to meet their skills needs without time-consuming administration work.
The government notes there are over 180 apprenticeships available across 80 industry sectors.
Witan Jardine can help you find the best Banking Operations & Middle Office Jobs in London.
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