The countdown is on to this year’s National Apprenticeship Week, which runs from 5th – 9th March. The event is designed to encourage employers and apprentices to share their stories and experiences, and inspire others to follow in their footsteps.
As you probably know, at Hudson Contract we are passionate about apprentices – and helping firms to realise that taking on apprentices can be simple, straightforward and hugely beneficial for all concerned.
So here’s your at-a-glance-guide – put together with our partners at Leeds College of Building – to the funding you can access to help pay for your apprentice:
You have less than 50 employees | You have more than 50 employees but your annual salary bill is under £3m | You have more than 50 employees and your annual salary bill is over £3m |
The government will pay 100% of the apprenticeship fees & you’re also eligible for a £1,000 incentive payment | The government will pay 90% of the apprenticeship fees & you’re also eligible for a £1,000 incentive payment | Access your funding through the Digital Apprentice Service via your government gateway & you’re also eligible for a £1,000 incentive payment |
The additional £1,000 incentive is accessed through the training provider
You have less than 50 employees | You have more than 50 employees but your annual salary bill is under £3m | You have more than 50 employees and your annual salary bill is over £3m |
The government will pay 90% of the apprenticeship fees | The government will pay 90% of the apprenticeship fees | Access your funding through the Digital Apprentice Service via your government gateway |
Our video on the National Apprenticeship Levy is here