Incentive payments for hiring a new apprentice
As England adjusts to the new normal, we’re introducing financial support to help employers hire new apprentices. Through apprenticeships, you can build competitive skills to encourage growth in your organisation.
Get up to £2,000 when you hire a new apprentice
When you hire new apprentices between 1 August 2020 and 31 January 2021, you can apply for extra funding to give your organisation a boost.
For apprentices aged:
- 16 to 24, you’ll receive £2,000
- 25 and over, you’ll receive £1,500
The payment is in addition to the existing £1,000 you’ll already get for taking on an apprentice who is:
- aged 16 to 18 years old
- under 25 and has an education, health and care plan or has been in the care of their local authority
Spend it on helping your organisation thrive
An incentive payment for hiring a new apprentice is different to the apprenticeship levy, and you can spend it on anything to support your organisation’s costs. For example, you could spend it on facilities, uniforms, your apprentice’s travel or their salary. You will not need to pay it back.