During the Conservative Party Conference speech in Manchester today, 4th October, Chancellor Rishi Sunak is expected to commit £500m to renew job support schemes that were introduced as part of the pandemic response.
During the speech, it is also expected to be announced that the incentive payments for hiring a new apprentice will be extended by four months, until the end of January 2022. This means that employers can apply for payment of £3,000 for hiring new apprentices of any age.
The £3,000 incentive payment is in addition to the £1,000 employers already receive for hiring an apprentice, if they are:
To claim the incentives employers must set up an apprenticeship service account.
If you are interested in recruiting a new apprentice please get in touch by emailing email@example.com.