As part of its “Plan for Jobs”, the government has now announced that, from 1 June 2021, employers of all sizes in England can claim £3,000 for each new apprentice they hire (or have already hired) between 1 April 2021 and 30 September 2021. According to the government, this cash incentive is designed to help more employers invest in the skilled workforce they need for the future.
The original apprenticeship incentive scheme, launched in July 2020, offered employers £1,500 for each new apprentice aged 25 or over, or £2,000 for each new apprentice aged 16 to 24, recruited between 1 August 2020 and 31 March 2021.
The incentive is paid in addition to the funding available to employers for training and assessing apprentices. Employers can choose how to spend the money.