The Chancellor’s “A Plan for Jobs” speech launched a wave of new apprentice incentive schemes. This is to help boost the economy and kick-start job growth and recovery post-Covid-19.
With 24 years of experience, Protocol has delivered Apprenticeships in Business Administration, Digital Marketing, Warehousing, and more. During this time, we have also been supporting employers to understand the range of incentives available and how they can benefit their organisation.
Apprenticeships are jobs with vocational training which leads to an Apprenticeship qualification upon completion. Apprentices are employees and employers must pay their apprentices the Minimum Apprentice Wage for their age group. Apprentices are valuable additions to any business, providing employers with young people, just entering the world of work, who they can mould to suit their specific business needs.
£4,000 for any business taking on a new apprentice who starts between 1 April 2021 – 30 September 2021. This payment is in addition to the existing incentives that are available to businesses, as shown below.
£1,000 for any business taking on an apprentice aged 16-18 (or aged 19-24 with an Education Health and Care plan or care leaver).
Business with fewer than 50 employees will have 100% of the Apprenticeship cost for apprentices aged 16-18 funded by the Government. There is a 5% co-funding charge for 19+ learners.
All employers must be registered on the Apprenticeship Service in order to become eligible for such government incentives, Click Here For More Details
If you are interested in employing an apprentice for your business or looking for an apprenticeship for yourself, feel free to give us a call on 0121 236 2634, where you can speak directly to a qualified member of staff.