Trainee ship funding bands

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Home Forums Data issues Trainee ship funding bands

This topic contains 4 replies, has 4 voices, and was last updated by  steveh 2 years, 1 month ago.

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts

  • Lisa
    Spectator

    Hi

    Can anyone tell me what the current funding band amounts are? I have tried to find out – as my board wish to know.

    band 1 = up to 279 hours
    2 = 280-359 hours
    3 = 360-449 hours
    4a = 450+ hours
    4b = 450-539 hours
    5 = 540+ hours

    Many thanks

    Lisa

     
    #311727

    Mark
    Spectator

    What you are paid will depend on your provider factor.

    Base rates are £4000 (5), £3300 (4b), £3300 (4a), £2700 (3), £2133 (2) and band 1 by the actual hours @ £6.667 per hour

     
    #311735

    jaxrees01
    Spectator

    Hi there,

    I have a question also related to Banding. On our spreadsheet obtained from Gov.co.uk the price for Medical Admin Level 2 is £1500, on the hub it is showing as £3983. There are also similar discrepancies relating to Business Admin L2 and Medical Admin L3, which is the correct price for qualification? It is very confusing.

    Jax

     
    #312001

    steveh
    Spectator

    Lisa

    If you’re using FIS, the precise funding values with your provider factors incorporated are in the Rulebase_FM25_Learner table in a field called OnProgPayment.

     
    #312104

    steveh
    Spectator

    Jax

    The current funding/bands is what it says on the spreadsheet. The other values on the Hub relate to previous funding models (some of which are still being delivered)

     
    #312106
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