EMPLOYERS
Employer Information
In today’s highly competitive markets, it is increasingly important to have a skilled, motivated workforce. The Training Trust is able to provide high quality structured training to meet your needs.
Benefits for Employers
When employers take on a 16-18 year old on an apprenticeship , they receive £1,000 to help meet the extra costs associated with this. This will be paid to employers in two equal instalments at 3 months and 12 months. These payments are made to employers via their training provider, who will pass the money on.
What we can offer you:
- Access to government funded programmes
- Fully supported training
- Regular feedback on your employee’s progression
- Full cost commercial course
- Training for current staff
- Complete recruitment service
You can get help from the government to pay for apprenticeship training.
The amount you get depends on whether you pay the apprenticeship levy or not. You pay the levy if you are an employer with a pay bill over £3 million each year.
If you don’t need to pay the levy:
You pay 5% towards the cost of training and assessing your apprentice. You need to:
- agree a payment schedule with us
- pay directly for the training
The government will pay the rest (95%) up to the funding band maximum. This is paid directly to us as the training organisation.
If you pay the levy:
You will receive funds to spend on training and assessing your apprentices. The government will add 10%.You can set up your account here.
Financial support for apprenticeships
Incentive payments for hiring a new apprentice
You still have time to apply for a payment of £3,000 for apprentices with an employment start date from 1 April 2021 to 30 September 2021. Applications close on 30 November 2021.
You will be able to apply for a payment of £3,000 for apprentices with an employment start date from 1 October 2021 to 31 January 2022 once applications open in January 2022.
You must set up an apprenticeship service account before you can apply.
Eligibility
For apprentices with an employment start date from 1 April 2021 to 30 September 2021. Applications close on 30 November 2021.
These apprentices must also have an apprenticeship start date from 1 April 2021 to 30 November 2021.
You will be able to apply for a payment of £3,000 for apprentices with an employment start date from 1 October 2021 to 31 January 2022 once applications open in January 2022.
The Government cannot make any payments until they have received and verified your organisation and finance details. This could take up to 3 months and they may contact someone from your organisation.
Payments are made in 2 equal instalments for each apprentice. The first payment is sent after an apprentice completes 90 days of their apprenticeship and the second is sent after 365 days. They will make payments by Bacs on the 14th working day of the month. It usually takes 3 working days to process.
After you apply, you can view applications, estimated payment dates and check the status of each payment in your apprenticeship service account.
- 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
How the incentive payments for hiring a new apprentice works
You’ll get the payment in 2 equal instalments. You will be eligible for 50% of the payment 90 days after the apprentice’s start date, and the remaining 50% after the apprentice completes 365 days of their apprenticeship.
The apprentice will need to be in employment and undertaking their apprenticeship at these times as evidenced in the Individualised Learner Record.