Recognising the value that apprentices bring to businesses, we are delighted to announce that the government are expanding their comprehensive apprenticeship funding policy, with enhanced incentive payments for employers who hire new apprentices. Following the Chancellor’s recent Budget statement, the deadline for these employer incentives has now been extended until 30 September 2021, and the payments are set to increase.
The purpose of these incentives is to support employers to build capacity and capability following the disruption of Covid-19, while creating high quality opportunities for individuals and equipping them with skills that are in demand.
The incentive payments apply to employers who recruit an apprentice between 1 April 2021 and 30 September 2021. Provided the eligibility criteria are met, there will be no limit on the number of incentive payments you can claim.
You will be able to claim £3,000 per apprentice, regardless of age.
The eligibility criteria for these payments are as follows:
No. Incentive payments are separate from – and therefore in addition to – payments that are currently available to help cover the costs associated with training a 16-18-year-old apprentice, or an apprentice aged 19-24 who has previously been in care or has a Local Authority Education, Health and Care Plan (EHCP).
Employers who recruit apprentices in one of the above categories will continue to receive £1,000 in addition to the incentive payments. This means you could be eligible to receive up to £4,000 for each new apprentice you recruit.
Employ an apprentice
Designed by employers for industry, apprenticeships offer high-quality opportunities for people to develop their talents and progress their careers. Thousands of organisations, both large and small, are realising the benefits of employing apprentices and growing their own talent as well as developing existing staff.
Become one of our valued employers and benefit from:
Let us take care of your recruitment
Our recruitment team provides a free vacancy matching service to help you recruit your ideal apprentice in just five easy steps.
Identify and discuss your potential vacancy with our dedicated team of Business Advisors
We will confirm the details of the vacancy with you and our recruitment team will advertise your vacancy
We will identify suitable candidates for the role and help you to plan the interviews
We’ll invite the shortlisted candidates for you to interview and feedback to them when you’ve made your decision
When the successful candidate begins their employment with you we will enrol them as a Bury College Apprenticeships and Training apprentice.
For further information please contact us on 0161 280 8650 or enquire here