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.
To employ an apprentice, you need to abide to the following terms and conditions.
Minimum durations for each apprenticeship are based on an apprentice working 30 paid hours a week or more. This includes any off-the-job training they do.
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. You will attract more and better candidates, if the wage is higher.
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 2% of employers. 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.
Levy-paying employers can transfer a percentage of their levy funds to other employers, including apprenticeship training agencies (ATAs). From April 2019 the transfer allowance percentage has been increased from 10% to 25%. For more information on apprenticeship levy transfers, please click here.
If you don't need to pay the levy, you pay 5% towards the cost of training and assessing your apprentice. You'll need to agree a payment schedule with the training provider and pay them directly for the training. The government will pay the rest (95%) up to the funding band maximum. They'll pay it directly to the training provider.
Employers with fewer than 50 employees will not have to pay anything towards the cost of training a 16-18 year old apprentice. The government will pay 100% of the training costs. The government will make similar payment if you recruit 19-24 year olds who have an Education and Healthcare Plan (EHC) provided by the local authority. All employers will receive an incentive payment of £1,000 for employing a 16-18 year old apprentice.