Lots of employers are already benefiting from our incentive payments for hiring an apprentice. The good news is you can too because the date has been extended for incentive payments to 31 March 2021. To receive incentive payments, you’ll need to sign the latest employer agreement in your apprenticeship service account.
Applying for the incentive payments
Follow these steps to apply for incentive payments for hiring a new apprentice. We’ll let you know who’s eligible for the payment, when you can apply and how you’ll get paid, helping you to build valuable skills as the coronavirus outbreak continues.
1. HIRE NEW APPRENTICES BETWEEN 1 AUGUST 2020 AND 31 MARCH 2021
Any organisation can apply for the payment, no matter the size or the sector. The important thing is that you hire an apprentice who
- is new to your organisation
- starts their contract of employment and their apprenticeship with you between 1 August 2020 and 31 March 2021
You could get the payment when you hire an apprentice who has been made redundant, as long as they’re new to your organisation. You can search for apprenticeship training and training providers using Find apprenticeship training.
2. APPLY FOR THE INCENTIVE PAYMENT
You can apply now for apprentices you take on between 1 August 2020 to 31 January 2021. If you take on new apprentices between 1 February 2021 and 31 March 2021, you can apply from 1 February to 30 April 2021. To apply for the payment, you can do this after you’ve added new apprentices to your apprenticeship service account. You’ll need to give us your organisation’s bank details so we can pay you directly.
Your training provider will need to confirm the details you give to us so that we can make your payment.
3. GET PAID UP TO £2,000 FOR EACH NEW APPRENTICE
You’ll be eligible for 2 equal instalments, after the apprentice completes 90 and 365 days of their apprenticeship. We’re expecting to make the first payments in January 2021.
You could get paid up to £2,000 for each new apprentice you hire. You can find out more about how much you’ll get paid and how you can spend it.