08 Feb Financial Incentives for Employers to Recruit an Apprentice

Did you know that employers who hire a new apprentice between 1 August 2020 and 31 March 2021 can claim financial incentives from the government?

This is to help businesses and the economy recover from the impact of the coronavirus (COVID-19) pandemic.

For apprentices aged:

  • 16 to 24, you’ll receive £2,000;
  • 25 and over, you’ll receive £1,500;

 

This payment is in addition to the existing £1,000 you’ll already get for taking on an apprentice who is:

  • aged 16 to 18 years old;
  • under 25 and has an education, health and care plan or has been in the care of their local authority.

 

Find out more about financial incentives for hiring a new apprentice or how apprenticeships are funded.

Contact us to be put in touch with organisations who can help you find out about apprenticeships for business, and help you to start the process of taking on apprentices.

Please join our dedicated webinar on apprenticeships for the casting and foundry industry  – 16 March 2021 at 2pm. Please Contact us for joining details.

Angela Mason
Angela Mason
angelamason@cmfed.co.uk