From April, employers will be able to claim up to £4000 for taking on new apprentices, as part of a Government initiative designed to boost skills.
The new payments were announced in the recent budget and build upon an existing incentive scheme.
Under the new arrangements, employers will be able to claim an incentive payment of £3000 per learner if they take on a new apprentice. Moreover, employers taking on learners aged 16 to 18 (or those under 25 with an Education, Health and Care Plan) will be able to claim an additional £1000 payment.
The funding will be available until September 2021.
The Government has also announced the rollout of ‘flexi-job apprenticeships,’ where learners are employed by an agency and undertake a number of different jobs in order to obtain the skills required as part of their apprenticeship programme.
Dr Polly Pick, Director of Business Engagement and Partnerships at the University of Gloucestershire, said: “We are delighted that the Government has announced further financial incentives for businesses who take on new apprentices. This is a vote of confidence in apprenticeships and their ability to provide the skills employers need for growth.
We also believe that these changes will make apprenticeships more attractive for smaller employers, many of whom may not have previously thought about taking on apprentices but have so much to gain from these programmes. We understand that apprenticeship funding arrangements can be complex but we are very happy to help employers of all sizes navigate the options available.”
There are a number of higher and degree apprenticeship programmes due to start at the University of Gloucestershire over the coming months. These include:
Business, Marketing and Finance
- Financial Adviser (Level 4)
- Chartered Manager (Level 6)
- Digital Marketer (Level 6)
- Project Manager (Level 6)
- Facilities Manager (Level 6)
- Senior Leader (Level 7)
- Accountancy / Taxation Professional (Level 7)
Computing and Engineering
- Manufacturing Engineer (Level 6)
- Cyber Security (Level 6)
- Digital Technology Solutions Provider (Level 6)
- Data Scientist (Level 6)
Education, Health and Social Care
- Children, Young People and Families Support Worker (Level 4)
- Nursing Associate (Level 5)
- Teacher (Level 6)
- Social Worker (Level 6)
- Registered Nurse (Level 6)
- Academic Professional (Level 7)