Feb 26, 2021
Budget 2021: Rishi Sunak to inject £126m to boost traineeship scheme
The scheme will include a new "Flexi-job" apprenticeship that will enable apprentices to work with a number of different employers in one sector. The Chancellor's boost to existing apprenticeship and traineeship programmes will include playing up to double the current cash incentive to firms who take on an apprentice, regardless of age. "Changing the apprenticeship levy to make it a flexible training levy would achieve a bigger boost to skills development than incentives alone," said Lizzie Crowley, skills adviser for the CIPD. She stressed that awareness of traineeships is very low: "Besides providing additional funding for placements, the government will have to do much more to market them to employers to boost uptake." The Federation of Small Businesses, which had previously called for flexi-job apprenticeships, said the increase in incentives for employers was "Important", because the current level of support "Is not leading to enough starts". "Going forward, the government should consider changing the timings of apprenticeship incentives."
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