Science Industry Partnership

20 Jul 2021

Skills Incentives- What is available to employers? Blog 3


Rachel Roby, Strategic Apprenticeship Lead at Cogent Skills takes us through the Government’s range of incentive payments to support employers taking on new learners. Find out what support is available and what steps you must take to access funding.

The Government have released two new incentives to support businesses to take on new learners for T-Levels & traineeships as well as extending and enhancing the incentive payment scheme for hiring a new apprentice. But what’s available and what’s the qualifying criteria to access this support. This blog series will take you through the funding available to employers.

Apprenticeships

 

The Basics

Most people will probably have heard about apprenticeships or at least know someone who has taken part in one. Apprentices are employees that work alongside staff within an industry to prepare them with the skills and knowledge needed to excel in a future career in their chosen occupation. An apprenticeship includes training on the job as well as out of work study. They are assessed at the end of their apprenticeship to measure their competency in the role that they have been training for. This assessment is called an end-point assessment.

 

What’s the qualifying criteria?

Apprenticeships cover a number of educational levels, from level 2, the equivalent to 5 GCSES, all the way up to master’s degree level (Level 7). You can enter an apprenticeship at any point from the age of 16 onwards. An apprenticeship can be either full time or part time.

 

What funding is available?

You can apply to the incentive for new apprentices who joined your organisation from 1 April 2021 to 30 September 2021. To do so you need to set up an apprenticeship service account here

Apprentices must
• Be employed in a real job.
• Be provided with 12 months minimum training and  spend at least 20% of their time on off-the-job training .

As an employer you have to pay the national minimum wage for apprentices at the very least.
The incentive payment available is in addition to the £1,000 employers already receive for hiring an apprentice.

To receive the full payment, the apprenticeship must be with the employer for 1 whole year in total. Employers will get £3,000 for new apprentices of any age who have an employment start date of 1 April 2021 to 30 September 2021. They must have an apprenticeship start date of 1 April 2021 to 30 November 2021.

If you would like to apply for an incentive payment then you must set up an apprenticeship service account and then create an apprenticeship management account on the government website: 

 

There are a range of options available for employers. Don’t forget that SIP members can access practical apprenticeship support and collaborate with industry to drive the strategic apprenticeship agenda. For more information contact Rachel.Roby@cogentskills.com

To keep up to date with the latest skills updates you can follow us on Twitter @SIP_Members
And Linkedin ‘Science Industry Partnership’

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