The Government has recently announced new financial incentives for employers in England. You are now able to apply for a payment of £3,000 for apprentices with an employment start date from 1 October 2021 to 31 March 2022.
If your apprentice is aged between 16 and 18 or under 25 and has an EHCP (Education and Health Care Plan) or has been in the care of their local authority, you will be eligible for a further £1000 incentive.
The payment is different to apprenticeship levy funds, meaning you can spend it on anything to support your organisation’s costs. For example, it could be spent on uniforms, your apprentice’s travel or their salary. You do not have to pay it back. Learn more here.
If your business is looking to hire an apprentice under this scheme, contact us today.