The Chancellor’s “A Plan for Jobs” speech launched a wave of new traineeship incentive schemes to help boost the economy and kick-start jobs growth and recovery post Covid-19.
The Chancellor’s plan is designed to support jobs by focusing on skills and young people, with the creation of 30,000 new Traineeships as well as financial incentives for employers taking on trainees and apprentices.
With 24 years’ experience in delivering Traineeships (including pre-apprenticeships), Protocol is supporting employers to understand the range of incentives available and how they can benefit their organisation.
Traineeships provide young people aged 16-24 with valuable training and unpaid work experience.
They support young people to make informed decisions on whether to pursue an apprenticeship, job or further education.
For employers, they can help find and recruit talented young people, contribute to Corporate and Social Responsibility targets and provide additional resources to meet peak and seasonal needs.
What incentives are available to employers taking on a Trainee?
Employers taking on a Trainee from 1 September 2020 will qualify for a £1,000 grant.
There is no direct cost to the employer, however we encourage employers to cover the cost of the trainees travel.
A traineeship can last between six weeks and six months, with the work experience element covering a minimum period of 70 hours, our employers typically take a trainee on for 180 hours. Example Tue-Thu 10AM – 3PM for 12 weeks.
Trainees receive support from Protocol with their Maths, English and employability skills. As well as unpaid work experience with an employer.
Companies offering a Traineeship learner a progression onto an apprenticeship will qualify for a grant of up to £2,000, with potentially a further £1,000 depending on the trainees age.
If you are interested in employing a trainee for your business or looking for a traineeship for yourself, feel free to give us a call on 0121 236 2634, where you can speak directly to a qualified member of staff.