£3,000 incentive for UK employers to hire apprentices
The Chancellor’s Plan for Jobs announced yesterday provides a huge incentive for employers to take on new Apprentices. Imogen Pearson, head of ApprenticeLink gives further details.
The Chancellor’s Plan for Jobs announced on 8th July 2020 had the following key items:
- £2000 payment to employers for each new apprentice they hire aged under 25
- This payment in addition to the existing £1000 grant for every apprentice hired aged between 16-18 and for those under 25 with an Education Plan
- £1,500 payment for each new apprentice hired aged 25 and over
Imogen Pearson, Head of ApprenticeLink, said:
I am over the moon to read the Chancellor’s plan for Jobs which includes huge incentives for employers to take on Apprentices. I am incredibly excited to support this initiative and am already getting calls from clients for advice on how best to utilise this new funding. It is brilliant news!
ResourceBank is uniquely positioned to support employers looking to maximise their use of Apprenticeships to kick start their recovery plans.
The ApprenticeLink service provides free consultations to businesses, both regionally and nationally, to help them develop apprenticeship programmes to suit their needs. It has already facilitated more than 4,000 apprenticeships for a huge range of businesses and social care homes.
We also offer specialist apprenticeship recruitment which is perfectly suited to employers hiring apprentices for the first time.
Anyone who would like to find out more, or to arrange a free consultation, should contact Imogen Pearson: Imogen.Pearson@resourcebank.co.uk
Contact Imogen Pearson on 01952 281935 to arrange your free consultation.