Employers that take on new apprentices can apply for a government payment of £3,000 in addition to the usual £1,000 they already receive for hiring an apprentice up until 30 September this year.
The scheme is for apprentices between 16 and 18 years old or those under 25 with an education, health and care plan or who has been in the care of their local authority. To receive the full payment, the apprenticeship must last for at least one year.
More details can be found here:
Incentive payments for hiring a new apprentice – GOV.UK (www.gov.uk)
The payment is different to apprenticeship levy funds, so employers can spend it on anything to support your organisation’s costs. For example, on uniforms, your apprentice’s travel or their salary. You do not have to pay it back.