Many businesses in Yorkshire have considered hiring an apprentice but are not sure about all of the facts. We know there are many benefits to hiring an apprentice and businesses that have taken this route have already seen that they can get young people into their organisations who quickly develop skills and knowledge and contribute to increased productivity.
The basics – what you need to know:
- In basic terms, an apprentice is aged over 16 and they combine working with studying to gain skills and knowledge which is specific to their job role and the business they are working in.
- Apprentices can be new employees to can be existing members of staff looking to develop skills and knowledge and gain new qualifications.
- Apprentices are fully paid members of staff. They must be employed for at least 30 hours per week, have a contract of employment and must be paid at least the minimum wage for their age group.
- Importantly, any business that hires and apprentice needs to make sure that the apprentice works with experienced staff, are able to learn job-specific skills and are given time off in their week to conduct the necessary study for their courses. This time off for study must also be paid.
Apprenticeships are funded. There are two routes for funding:
- Apprenticeship Levy – businesses who have a salary / pay bill of over £3m per year have to pay the Apprenticeship Levy. This came into force in April 2017.
- Co-Investment – businesses who have a salary / pay bill under £3m per year have to contribute to the cost of the apprenticeship. Currently, employers have to contribute 10% and the government will pay 90%. However, if the apprentice is under 19 and working for a business that has less that 50 employees then the costs are fully funded by the government.
How Yorkshire Apprenticeship Helps
We work with businesses across Yorkshire who are looking to develop their teams by employing an apprentice. Our advisors are on hand to answer any questions that you might have. Please contact us or call us on 01423 740440