Funding for apprenticeships depends on the size of the employer.
Levy paying employers
Large employers with a wage bill of over £3m per annum pay a levy to the government which is set aside to fund apprenticeships with that employer.
Over 50 employees
Employers with over 50 employees but a wage bill under £3m per annum will contribute 10% towards their apprenticeship funding. The government will pay the other 90%. These employers are also eligible for incentives, such as £1000 per apprentice for employing a 16-18 year old or a 16-24 year old care leaver/someone with an Education and Health Care Plan (EHCP).
Under 50 employees
Small employers with under 50 employees get 90-100% of their apprenticeship funding from the government. For 16-18 year olds or a 16-24 year old care leaver/someone with an Education and Health Care Plan (EHCP) the employer will receive 100% of funding.
Check our funding arrangements guide for full details – also available on the document list on the left.