FUNDING APPRENTICESHIPS
INCENTIVE PAYMENTS UPDATE FOR 2021
PAYMENTS FOR HIRING AN APPRENTICE HAS INCREASED
Employers will receive £3,000 for new apprentices of any age who join their organisation from 1 April 2021 to 30 September 2021.
The incentive payment is in addition to the £1,000 employers already receive for hiring an apprentice:
- aged 16 to 18 years old
- under 25 with an education, health and care plan or who has been in the care of their local authority
Apprentices who joined your organisation before
1 April 2021
For new apprentices who joined your organisation between 1 August 2020 and 31 March 2021 aged:
– 16 to 24, employers will receive £2,000
– 25 and over, employers will receive £1,500
You must apply for these apprentices before 31 May 2021.
Apprentices who joined your organisation from
1 April 2021
Employers will receive £3,000 for new apprentices of any age who join their organisation from 1 April 2021 to 30 September 2021.
You can apply for incentive payments for these apprentices from 1 June 2021 to 30 November 2021.
ELIGIBILITY
You can only apply for new apprentices who joined your organisation between 1 August 2020 and 30 September 2021.
You cannot apply for an existing employee who joined your organisation before 1 August 2020, even if they started an apprenticeship after this date.
For more information please refer here.
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Speak to our team today
If you’d like to talk about Tech Bootcamps and Apprenticeships, a potential partnership, working with Purple Beard or you have any other questions, please contact us and we’ll get back to you as soon as possible.
