Hiring an apprentice can bring many benefits to your organisation.
Apprenticeships now cover more than 170 industries and 1,500 different job roles from entry to degree level.
There are several steps to taking on an apprentice.
You can get support from the government to cover some of the cost of training and assessing an apprentice if you're in England.
You must pay the apprentice at least the minimum wage.
The amount of funding you get depends on whether you pay the apprenticeship levy or not. The levy has been effective since April 2017. You pay the levy if you're an employer with a payroll of over £3 million a year however this only applies to 1.3% of employers.
If you don't need to pay the levy, you pay 10% towards the cost of training and assessing your apprentice. You need to agree a payment schedule with the training provider and pay them directly for the training. The government will pay the rest (90%) up to the funding band maximum. They'll pay it directly to the training provider. From 1st April 2019, this will change meaning that employers only have to pay 5% towards the costs of training and assessing.
If you qualify to pay the levy, your business has to pay 0.5% of your payroll bill to the government every month. In addition you'll receive funds to spend on training and assessing your apprentices. The government will add 10% to the paying of training and assessing your apprentice.