Industry News

Government offers £2,000 to small businesses that take on young apprentices
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Industry News

Government offers £2,000 to small businesses that take on young apprentices

Smaller businesses that back the next generation will receive £2,000 for each new young apprentice they take on. The new government scheme has been designed to help non-levy-paying employers, typically SMEs, cover the costs of taking on a young person as an apprentice and build the talent pipeline they need to thrive and grow. How the new apprentice payment for SMEs works To keep it as simple as possible for smaller businesses, they don’t need to apply for the payment; it will instead be…