If you’re a growing business and looking to expand your team, have you considered taking on an apprentice?
With the National Minimum Wage for Apprentices being just £4.15* per hour, apprenticeships can be an affordable way to take on new staff whilst providing a training opportunity for someone keen to start a career in your industry.
What’s more – don’t forget that the government are currently offering some additional financial bonuses for employers who hire apprentices…
From 1 August 2020 to 31 March 2021, businesses that recruit a new apprentice aged 16 to 24 will receive a £2,000 incentive from the government towards the cost of training, while those that hire new apprentices aged 25 and over will be paid £1,500.
These payments will be in addition to the existing £1,000 incentive training providers already provides for new 16-18 year old apprentices, and those aged under 25 with an education, health and care plan where that applies.*
This means that if you hire a 16 to 18 year old apprentice in the next 6 months, you could receive £3,000! If you also have less than 50 contracted employees, the apprenticeship fees for those aged 16-18 years of age will be fully funded!
Time is running out to gain an extra pair of hands for less. Talk to us about apprenticeship training today, before it’s too late!
In order to claim the incentive payments, your new apprentice needs to have started their contract of employment before 31 March 2021.
Additionally, if you are a small or medium sized employer (non-levy payer), you need to set up a Digital Apprenticeship Service (DAS) account before you’re eligible for the payment.
If you’re interested in taking advantage of the financial incentives to recruit a new apprentice, our apprenticeship team can help you set up your DAS account and recruit your new staff member before the deadline. Please contact us directly at firstname.lastname@example.org or on 01480 422060 for more information. You can also view all of our apprenticeship programmes on our website.