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Wales government announces apprenticeship incentive

By greg | 21 Oct 2020 | Category: Blog
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Wales apprenticeship incentive announcement…

The Chancellor’s “A Plan for Jobs” speech a couple of months ago launched a new apprentice incentive scheme to help boost the economy and kick-start jobs growth and recovery post COVID-19.

For all employers wishing to employ a new apprentice between 1st August 2020 and 28 February 2021, there is a financial incentive available for each new apprentice recruited as follows:

  • £3,000 to employers for each new apprentice they hire aged 16-24 years, where the contract of employment is for at least 30 hours p/w.
  • £1,500 to employers for each new apprentice they hire aged 16-24 years, where the contract of employment is at least 16 hrs p/w but under 30 hours p/w.
  • £2,000 to employers for each new apprentice they hire aged 25 and over where the contract of employment is for at least 30 hours p/w
  • £1,000 to employers for each new apprentice they hire aged 25 and over where the contract of employment at least 16 hrs p/w but is under 30 hours p/w.

At Aspiration Training, we are here to assist you with our free recruitment service to help you find an apprentice that fulfils your business needs in this current economic climate. We will work with you to understand what is important to you and how apprenticeships can help to achieve your training and business goals. Our flexible and tailored approach means that together we can achieve maximum benefits for your business. Read more on the benefits of hiring an apprentice and how we can help you here.

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