Apprenticeship Incentive of £3000
The extension of the Government’s apprenticeship hiring incentives announced by Rishi Sunak at the 2021 Conservative Party Conference has the potential to be transformational for young people and employers alike.
Alongside a much-needed cash boost for businesses, the scheme encourages employers to grow their own talent, creating some fantastic opportunities for young people to start a rewarding career, or to retrain for emerging business opportunities.
Up until 31st January 2022, employers who take on a new apprentice of any age can receive an incentive payment of £3,000. Those hiring apprentices aged 16-18 can also claim an additional £1000 payment under a pre-existing scheme. These employer incentive grants can be claimed through the government’s digital apprenticeship service.
If Apprenticeship schemes are new to your business you should contact us. We at Riverside Training can guide you through the system – covering everything you need to know to claim your apprenticeship incentive payment through to finding your perfect candidates.