Apprentices can offer a cost-effective solution to recruiting new talent, helping your business realise its ambitions
Apprenticeships attract significant government funding and are a highly cost-effective way for employers to recruit and develop ambitious new talent to help realise business ambitions.
There is a broad range of benefits attached to offering apprenticeships:
Employers are responsible for paying their apprentices’ salary in Wales, but the Welsh government funds training costs. In addition, there are financial incentives to encourage employing apprentices; you can find more detail of these incentives in our Wales apprenticeship landscape factsheet.
The funding available to employers in England varies based on the age of the apprentice you are employing and your apprenticeship levy-paying status. A helpful flowchart designed to indicate the funding available can be found in our England apprenticeship landscape factsheet, alongside details of additional support for employers of young apprentices aged 16-18 and incentive payments for hiring a new apprentice.
The type of funding you can access in Scotland depends on the type of apprenticeship. Complete detail of the funding available for Modern, Foundation and Graduate Apprenticeships is detailed in our Scotland apprenticeship landscape factsheet.