If you run or work for a business that hasn’t yet employed an apprentice, a new cash incentive could make it the right time to do so.
Businesses in Knowsley could now get up to £4,000 as an incentive for recruiting new apprentices as part of the Liverpool City Region’s devolution plans for employment and skills across our area.
Which businesses are eligible for the grants – and how much will it be?
The new apprenticeship grant for employers is available to small to medium sized enterprises (SMEs) who haven’t recruited an apprentice in the last six months.
If your company is based in the Liverpool City Region and employs no more than 249 staff, it could get £3,000 for employing an apprentice aged from 16 to 18. There’s also an additional £1,000 available if the young person starts as an Advanced Apprentice or Higher Apprentice (in which the apprentice works towards qualifications equivalent to A levels or a degree).
Companies can also benefit by employing apprentices aged 19-24, with a grant of up to £2,500 available as well as a similar bonus £1,000 if they start as an Advanced or Higher Apprentice.
How can I apply for a grant?
Applications must be received and approved between 1 August and 31 December 2016. Your business will need to employ the Apprentice for the duration of their training (a minimum of 12 months), but you will receive the grant once they have completed their first 13 weeks of employment. You can even choose to employ more than one apprentice – businesses that do this can apply for up to five grants when employing apprentices simultaneously.
Remember, you will be required to pay your apprentice at least the National Minimum Wage for their age in order to be eligible for the grant.
“Improving the skills of your staff”
Cllr Ian Maher, Liverpool City Region Combined Authority’s Portfolio lead for Employment and Skills said:
“This scheme demonstrates the power of local devolution.
“By tailoring national grants to meet the needs of local priorities, the Liverpool City Region can support a wider range of small companies to improve the skills of new staff. In addition, it gives young people an opportunity to get on the career ladder, improve their job prospects and earning potential whilst gaining invaluable skills and experience.”
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