Employers you could receive up to £4000 as an incentive payment for taking on a new apprentice.
Chancellor Rishi Sunak revealed his new incentive plans in his 2021 budget announcement. Beginning on the 1st April 2021 until the 30th September 2021, employers can receive a £3,000 incentive for hiring an apprentice. This is regardless of the apprentice’s age. This is in addition to the £1,000 payment for hiring apprentices between 16-18 and aged under 25 with an Education, Health and Care Plan. The chancellor stated that this apprenticeship scheme would support individuals of all ages to reskill and ‘level up’ the country’s economy.
This is a great opportunity for you to employ a new apprentice with your company.
Hiring an apprentice is a productive and effective way to grow talent and develop a motivated, skilled and qualified workforce.
- 86% of employers said apprenticeships helped them develop skills relevant to their organisation
- 78% of employers said apprenticeships helped them improve productivity
- 74% of employers said apprenticeships helped them improve the quality of their product or service
An apprentice can be a sustainable investment in skills to support businesses as the economy recovers.
We will complete all the recruitment process for you by advertising your vacancy on the Government Recruit an Apprenticeship site and then vetting and selecting suitable candidates to refer to you to interview for your vacancy.
Once the apprentice is signed up, they will be allocated one of our specialised Assessors who they will complete the qualification with throughout their apprenticeship with you. Click the link below for more information.