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EMPLOYER INCENTIVES: HIRING A NEWAPPRENTICE Hire a new apprentice between Aug 1st 2020 – Jan 31st 2021 inclusive and receive up to a £3,000 per new apprentice: > £3,000* for hiring a 16-18 year old (19+ with EHCP) > £2,000 for hiring a new apprentice 19-24 years old > £1,500 for hiring a new apprentice 25+ years old * includes the current £1,000 incentive for hiring a 16-18 year old To be eligible, apprentices must: > Be a new employee to the business > Have a contract of employment start date between 1 August 2020 and 31 January 2021 > Not have been employed by the employer within the six months prior to the contract start date. There are no limits on the number of incentive payments that an employer can claim for. Furthermore: > Receive £1000 for each returning furloughed apprentice > Choose from our talent bank of applicants ready and waiting > Be assigned a dedicated Employer Engagement and Apprenticeship Specialist If you are an SME and would like to benefit from the incentives you will be required to set up a Government Apprenticeship Account where your incentive payments will be available. Our team can talk you through this and when to set this up. To set up an account please visit: https://accounts.manage-apprenticeships.service.gov.uk/ Levy paying employers will already have a designated Digital Apprenticeship Account. Please contact your designated Employer Engagement and Apprenticeship Specialist for further information or queries. For further information regarding apprenticeship funding: https://www.gov.uk/government/publications/ apprenticeship-funding Link to gov website on how to register and use the service. https://www.gov.uk/guidance/manage- apprenticeship-funds If you have any questions about any of the above, please contact our Employer Engagement Manager Daniel on T: 01772 225743 M: 07971511537 E: dcrumblehulme@preston.ac.uk | 29