Vince Cable guarantees cash boost for firms taking on apprentices
Vince Cable has announced new measures to ensure more young people benefit from an apprenticeship, and to help employers gain the skilled workers they need to grow.
As part of the Government’s Plan for Growth, Ministers are taking action to make it easier for companies to take on apprentices, and ensure that the quality of apprenticeships is continually improved.
The main measures to boost apprenticeships are:
- To offer employers with up to 50 employees an incentive payment of up to £1,500. This will support up to 20,000 new apprenticeships in 2012/13.
- To simplify processes to make it quicker and easier for employers to take on an apprentice. The National Apprenticeships Service and training providers will be required to ensure that every employer is in a position to advertise a vacancy within one month of deciding to take on an apprentice. Health and safety requirements will be streamlined so that there are no additional demands on employers that already meet national standards.
- There will be a renewed focus on targeting the programme where apprenticeships deliver greatest value – including on younger adults, new employees, higher level qualifications and particular sectors where they can make the greatest impact.
- Apprenticeship providers will be required to offer training in English and Maths up to the standard of a good GCSE (level 2) for all apprenticeships.
Read the Government’s Plan for Growth
Amanda Frewin
Research & Project Support