Norbert Daroczi
Educational business growth specialist
© 2021 All rights reserved.
Do Employers Get Paid For Having An Apprentice In The UK
According to the recent apprenticeships reforms, the UK government will pay £1000 to employers for recruiting apprentices that fall into two age groups: 16 and 18-year-olds and 19 and 24-year-olds. Based on the EHC plan, the benefits will be paid irrespective of the size of the business.
The Training Provider will pay the money in two instalments, which will serve as a cash incentive for the employment of young talent, especially school leavers. Now, the question is can you afford to turn down this offer of £1000? There are many not to ignore the offer. Let’s discuss some of them.
Apprentices are valuable for every company: As an employer, you can change your staff based on your business requirements for maximum ROI. Apprentices tend to stay with supportive employers and improve their skills and experience. After a few years, they become part of the essential team members.
Apprentice recruitment doesn’t necessarily require a financial investment: if your staff consists of fewer than 50 employees, the training of a 16 to 18-year-old apprentice will be free.
But if the apprentice is 19 years old or over, then there should be a 10% contribution to the cost of training. The rule is the same for non-levy-paying companies, even if they have over 50 staff members.
So, this is how you can get paid for having an apprentice as an employer in the UK.
The Training Provider will pay the money in two instalments, which will serve as a cash incentive for the employment of young talent, especially school leavers. Now, the question is can you afford to turn down this offer of £1000? There are many not to ignore the offer. Let’s discuss some of them.
Apprentices are valuable for every company: As an employer, you can change your staff based on your business requirements for maximum ROI. Apprentices tend to stay with supportive employers and improve their skills and experience. After a few years, they become part of the essential team members.
Apprentice recruitment doesn’t necessarily require a financial investment: if your staff consists of fewer than 50 employees, the training of a 16 to 18-year-old apprentice will be free.
But if the apprentice is 19 years old or over, then there should be a 10% contribution to the cost of training. The rule is the same for non-levy-paying companies, even if they have over 50 staff members.
So, this is how you can get paid for having an apprentice as an employer in the UK.