Government Apprenticeship Incentive
From August 2020 to January 2021, all businesses will receive a financial bonus for every new apprentice they recruit.
The government will grant £2,000 for people aged 16-24 and £1,500 for anyone over 25. This is on top of the existing £1,000 incentive already provided for 16-18 year-olds.
The apprentice national minimum wage is £8,000 a year. Which means for a 16-18 year old, you could get a cash bonus of up to 37.5% of their first year’s salary.
Talk to one our team today about how we can support your business at a time when digital skills have never been more important.
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