Wednesday 8th July 2020
The Treasury has pledged to kickstart youth employment with apprenticeships and traineeships, while also supporting young people as they leave school and college this summer.
What is a traineeship?
- Work placement and training that lasts from six weeks to six months
- Aimed at 16 to 24-year-olds
- Trainees may complete a maximum of 240 hours of work experience over six months
- If able, employers should offer an interview for an apprenticeship or job at the end of the traineeship
- Unlike an apprenticeship, it is not a paid position
What is an apprenticeship?
- Combines on the job training and classroom learning
- Open to all ages
- Paid position within the organisation – a paid member of staff
- Last between one year (intermediate apprenticeships) and six years (higher/degree apprenticeships)
- Gain formal qualifications such as NVQs, foundation degrees and technical certificates
- The apprentice must be a new employee
- For 16-24 the employer will receive £2,000 and 25+ £1,500
- This will be paid in two instalments: 50% after 90 days and 50% 365 days after the start date
- The employer must use the Apprenticeship Service to access funding for the apprenticeship
- The payment must be claimed by the employer via the Apprenticeship Service