Government Apprenticeship Funding Incentive Extended
Coventry and Warwickshire Chamber Training (CWCT) has welcomed the Government’s extension of the apprenticeship incentive scheme until 31st January 2022. The specialist training provider is urging employers not to miss out on the financial bonuses for creating apprenticeship posts.
Commenting on the extended bonus scheme, Sally Lucas, Executive Director at CWCT said it was important for the incentives to continue beyond the end of the furlough scheme in order to help employers’ recovery.
“The current government incentive scheme provides employers with a bonus payment of £3,000 for every apprentice they employ and this will be increased for a period of four months.
“This is in addition to the £1,000 employers already receive for hiring an apprentice aged 16 to 18 years old or ages 19 to 24 with an education, health and care plan or who has been in the care of their local authority.
"Although we are delighted with the Government’s decision to extend the incentive payments, it is only for a short period of time. We encourage employers to act quickly and we will be pleased to provide guidance and support to make the journey easy for you.
“At Chamber Training, we design apprenticeships that are tailored towards the specific needs of a business. Our team can help employers to source the most suitable candidates and deliver a plan of learning to benefit their business.
“We are working with a wide sector of businesses across Coventry and Warwickshire and we look forward to welcoming further employers on board to benefit from our tailored service.”
Chamber Training is one of the largest providers of apprenticeships and wider vocational training and development in the region, with more than 30 years’ experience. The specialist team supports businesses in recruiting new talent as well as helping employers to upskill their existing workforce by designing and delivering tailored apprenticeships on a business-to-business basis.
Click here to watch Chamber Training’s video about apprenticeships.
To discuss how apprenticeships could benefit your business or to find out more about the financial incentives, contact Chamber Training’s Business Development Team on 024 7623 1122 or email@example.com
Photo caption: Sally Lucas, Executive Director at Chamber Training.