Incentive payments for hiring a new apprentice

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Information about incentive payments that employers can apply for if they take on a new apprentice between 1 August 2020 and 31 January 2021.

 

Employers can apply to receive £2,000 for each apprentices under 25, and £1,500 for those aged 25 and over.

The DfE said that the cash is designed to support employers to cover the cost of recruiting an apprentice, such as providing facilities, uniforms, helping with travel costs or to help pay their salary.

Rishi Sunak, chancellor of the Exchequer, said: “Apprenticeships play a crucial role in developing the skills people need, particularly young people, as they seek work in these challenging times.

“I urge every employer, big or small, national or local, to sign up to our offer and support apprentices as we continue our economic recovery. Our Plan for Jobs will create, support and protect jobs across all regions of the UK, and ensure our economy is fit for the future.”

For further information on how this scheme works please visit the Government website

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