"The retailer will spend £70 million of their Levy Share to create around 7,000 apprenticeships over the next five years. The Co-op scheme allows levy paying employees to transfer unused apprenticeship funds for charities and any community organisations. Claire Costello, chief people and inclusion officer at Co-op, said: "We launched Co-op Levy Share to unlock unused levy funds and turn waste into opportunity. "Four years on, alongside our contributing partners, we've already channelled £40 million into thousands of life-changing apprenticeships, and today we're going further, committing £70 million to create 7,000 apprenticeships by 2030.""
""We launched Co-op Levy Share to unlock unused levy funds and turn waste into opportunity. "Four years on, alongside our contributing partners, we've already channelled £40 million into thousands of life-changing apprenticeships, and today we're going further, committing £70 million to create 7,000 apprenticeships by 2030.""
Co-op will invest £70 million of Levy Share to create around 7,000 apprenticeships over the next five years, aiming for delivery by 2030. The Levy Share allows levy-paying employers to transfer unused apprenticeship funds to charities and community organisations. The scheme converts unused levy funds into apprenticeship opportunities and has already channelled £40 million into thousands of apprenticeships over four years. The new commitment expands funding to reach more trainees across communities and partner organisations. The initiative targets life-changing apprenticeships and broader workforce development through charitable and community partnerships.
Read at London Business News | Londonlovesbusiness.com
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