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Plan for Jobs

Skills incentives for employers

23 July 2021


As part of the Chancellor’s Plan for Jobs there are a range skills programmes, some of which offer financial incentives, that are available for employers who are considering hiring employees or offering work experience.

A total of £1.6 billion will be invested in scaling up employment support schemes, training and apprenticeships to help people looking for a job. 

Businesses will be given £2,000 for each new apprentice they hire under the age of 25. This is in addition to the existing £1,000 payment the Government already provides for new 16-18-year-old apprentices and those aged under 25 with an Education, Health and Care Plan. Learn more about how businesses are making the most of apprenticeship incentives.

An additional exciting talent planning route for your business could see a young person joining your organisation for a Kickstart placement then progress onto an apprenticeship with you. You would have access to the full range of financial support the government provides for apprenticeships. 

Other incentives include:

•    A £111 million investment to triple the scale of traineeships in 2020-21 ensuring more young people have access to high quality training.
•    £17 million for funding to triple the number of sector-based work academy placements in 2020-21
•    Nearly £900 million to double the number of work coaches to 27,000.
•    Over a quarter of a million more young people to benefit from an extra £32 million investment in the National Careers Service so that 269,000 more people in England can receive personalised advice on training and work.

These incentives can help you to invest in your business, help people upskill and improve their chances of securing a good job in a?highly?competitive labour market giving your business an edge to support your overall goals.  

To learn more about the offers available and how to apply please visit GOV.UK.

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