Last month, pre-Budget, I pondered on what impact the October 30th event would have on…
Funding available – Apprenticeship Recruitment support
The Welsh Government has launched a £40 million skills and jobs package to help employers like you to take on and train new workers, including apprentices and young people. Apprenticeships continue to play a vital role in delivering the skills employers and the economy need, offering the opportunity to recruit cost effectively and build a skilled workforce.
The apprenticeship incentives, which will run from 1st of August 2020 to 30th of September 2021, will help businesses to recruit apprentices, supporting the development of a workforce that is able to meet changing business needs.
Incentive payment for employing 16-24 year olds
- £4,000 for each new apprentice recruited aged under 25 where the contract of employment is for at least 30 hours per week.
- £2,000 for each new apprentice recruited aged under 25 where the contract of employment is under 30 hours per week.
* Payments will be limited to a maximum of ten apprentices per employer.
* This incentive applies to apprenticeships delivered at Levels 2-5 only.
Incentive payment for employing apprentices aged 25 and over
- £2,000 for each new apprentice recruited aged 25 and over where the contract of employment is for at least 30 hours per week.
- £1,000 for each new apprentice recruited aged 25 and over where the contract of employment is under 30 hours per week.
* Payments will be limited to a maximum of ten apprentices per employer
* This incentive applies to apprenticeships delivered at Levels 2-5 only.
Re-employment of Redundant apprentices
- £2,600 for the re-employment of redundant apprentices to allow them to complete their conveyancing training, where the contract of employment is at least 30 hours per week.
- £1,300 for the re-employment of redundant apprentices to allow them to complete their training, where the contract of employment is less than 30 hours per week.
- The incentive applies to apprentices made redundant between 23 March 2020 and 31 July 2021.
- The incentive for employing redundant apprentices applies to all redundant apprentices irrespective of age.
- The apprentice must continue to follow the same Apprenticeship Framework Pathway.
- This incentive applies to apprenticeships delivered at Levels 2-5 only.