The most obvious risk to employers is this:
If you don't spend your levy allowance you are losing money direct from you bottom line.
However, a greater risk comes from spending your levy allowance in the wrong areas of your business or with the wrong training provider. Do this and you risk receiving poor quality apprenticeship training which harms productivity and fails to address skills gaps.
By spending your levy allowance wisely, in the right areas and with the right training provider you will add value business-wide, bridge skills gaps, increase productivity and maximise return on investment.
In short, the key to spending the levy successfully is:
Identifying the right training provider and training the right staff.