New apprenticeship incentives go live!
From today, financial incentives for employers hiring new apprentices have increased. This means that from 1 April to 30 September 2021, employers can claim:
• £3,000 per apprentice hire – for each new apprentice, of any age.
• £4,000 per apprentice hire – for each new apprentice aged 16 to 18 and those under 25 with an Education, Health and Care Plan.
This is due to the additional existing £1,000 payment already in place.