Taking on an apprentice – the full details

Apprenticeship schemes are often in the news (and not always for the right reasons), so we’ve had a look at what they are about and where you can find out more details about taking on an apprentice.

Many UK businesses consider skills shortages and recruitment difficulties a big problem. Apprenticeships can be an answer as they offer work-based training programmes to employees that lead to nationally recognised qualifications. We look at all the details you need to know here.

Apprenticeship schemes can ensure companies have the right practical skills and qualifications in their workforce and ensure the company keeps up to date with the latest technology and practices. The apprentices themselves tend to be more motivated and loyal to the company that has invested in them, as they have made a choice to learn about a specific job at work.

nformation for employers about available Funding

Apprenticeship funding is available for employers from NAS. The size of the funding you will receive varies depending on your industry sector and the age of the candidate. If the apprentice is aged 16–18 years old, you will receive 100 per cent of the cost of the training; if they are 19-23 years old, you will receive up to 50 per cent; if they are 24 years old or over you may get a contribution depending on the sector and area in which you operate.

The Government previously announced that Employers will not need to pay National Insurance Contributions for apprentices under 21 from April 2015. And in their 2014 Autumn Statement announced the extension of this to apprenticeships under 25 from April 2016 (this was confirmed in December 2015).

In the March 2015 budget a new funding scheme using Apprenticeship vouchers was announced, which is expected to be fully implemented by 2017.

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