Chancellor announces huge extra incentive for employers to hire a new apprentice by Jan 2021
As the country slowly starts to get back on its feet after months of lockdown, now is the perfect time to consider Apprenticeships. Whether you’re looking for work yourself, or you’re a business of any size looking to hire great talent to join your team, there’s never been a better time, as our Principal, Rachael Randall explains…
What does the Chancellor’s announcement mean for employers?
Very simply, it means that you get paid a bonus of up to £3,000 for hiring an apprentice – it’s a great incentive for employers to realise the very real benefits of having apprentices as part of your team.
But, the key thing to remember is that this incentive is ONLY available for the next six months, so if you’ve been thinking about it for a while, now really is a great time to do it.
From August 2020 to January 2021, any company that takes on a new young apprentice aged 16–18 will now receive £3,000, 19–24 £2000, while those that recruit a new apprentice aged over 25 will be paid £1,500.
What advice would you give to an employer looking to hire an apprentice for the first time?
I think employers are always a bit nervous about introducing Apprenticeships into their organisation as they worry about the amount of administration required and perhaps have preconceived ideas of Apprenticeships from days gone by – but, the reality is – it couldn’t be easier.
At HTP, we work closely with employers – from recruitment and every step of the way. It’s all part of what we do, so my advice would be: ‘talk to us’ – we’ve got 20 years’ experience so we know what we’re talking about when it comes to Apprenticeships.
Why is getting an Apprenticeship a better route than simply getting a job?
For me, I think Apprenticeships are a great alternative to just ‘getting a job’ – as you not only earn a good wage, but you get qualified in your chosen area, too. It really is a win-win. I think that, especially as we emerge from the pandemic, people will be thinking about their options more than ever before. For some, it’ll be out of necessity, having found themselves unemployed, whilst for others, the time away has given them the chance to reflect on what they really want to do going forward.
What benefits can an apprentice bring to an organisation?
It’s a question I often get asked – and the truth is that what you put in is what you get out. When Apprenticeships really work, it’s because an employer really values the contribution that the apprentice can bring to the job, and they create opportunities for them to grow and develop naturally, alongside their formal qualifications. I’ve heard so many great stories recently from employers, particularly in the public sector, who have talked about the great benefit they’ve seen from their apprentices during the pandemic. For example, in our NHS trust, staff have been redeployed to work on the COVID wards, ensuring that there are enough beds for patients. Whilst in the care sector, our chef apprentices are cooking healthy, nutritious food for patients so that they have something to look forward to each day. There are so many benefits – and if you’re willing to put the effort in, you’ll be rewarded ten-fold.
If someone is interested in either becoming an apprentice or hiring an apprentice for their own business, what should they do?
For prospective apprentices, you can call us on 01983 533926 or complete our online form. Employers can contact us on the same number or by email at [email protected] – we’d be delighted to have a chat.