£3,000 incentive payment for hiring a new apprentice

The Government’s Plan for Jobs includes updates to apprenticeship funding policy, with incentive payments for employers who hire new apprentices. The deadline for these employer incentives has now been extended, and you will be able to claim £3,000 for each new apprentice you recruit before 31st January 2022.

The incentive payment is in addition to the existing £1,000 government grant which already applies to new 16-18 year old apprentices. This means that some employers could claim as much as £4.000 when they hire an apprentice.

Check out this step-by-step guide for more information.