The Government offer various initiatives to develop workplace skills for individuals. This includes, Apprenticeships, Traineeships and the Sector-Based Work Academy Programme (SWAP). Some offer financial incentives for your business!
Employers can recruit an apprentice at all levels or upskill an existing employee. You can get funding from the government to help pay for apprenticeship training and it allows your busines to grow and harness talent. Employers who hire a new apprentice by 31 March 2021 can also claim financial incentives from the government.
A Traineeship helps young people get the skills and experience they need to get an apprenticeship or a job. It allows you as an employer to bring on board enthusiastic young people in your local community, and all costs are met by the government. The government are also offering a £1000 incentive for work placements that have started and been completed. Traineeships last from 6 weeks up to 1 year.
The Sector-Based Work Academy Programme (SWAP) can support your business to create a skilled workforce. It also supports individuals receiving unemployment benefits to prepare and apply for jobs in a different area of work. What benefits does this bring to you as the employer? Placements are designed to help businesses with their immediate and future recruitment needs, as well as to recruit a workforce with the right skills for business continuity. This initiative is available in England and Scotland. Whilst the individual is on a placement at an organisation, there is no direct cost to the employer.
Other schemes for your employees include Access to Work and Able Futures. If your employee has a disability or have a physical or mental health conditions that makes it hard to do their job, they may be able to get extra support from Access to Work. Additionally, Able Futures helps employees cope with any difficulties that are affecting their focus and time at work. Referring to these schemes also evidence your duty of care as an employer so mitigates risk to your organisation.
Furlough or ‘Coronavirus Job Retention Scheme (CRJS)’ was brought in to help businesses and employees in March 2020 in response to the COVID-19 pandemic. This scheme allowed employers to furlough employees and the government would pay 80% of their wages up to a maximum of £2500 a month. This scheme ran from 1st March 2020 – 31st October 2020.
The Job Retention Bonus is a one-off taxable payment of £1000 that employers can claim, for each employee that they placed on furlough. The employee must have been continuously employed up to at least 31st January 2021 to be eligible. Employers will be able to claim the bonus between 15th February – 31st March 2021. The bonus will still be eligible for employees who were placed on the Job Support Scheme from October 2020.
The Job Support Scheme is nowhere near as generous as the furlough scheme; however, it is still there to help (something is better than nothing!) Whilst the furlough scheme’s focus was to keep people in jobs, the Job Support Scheme has had a shift in focus and is aimed at retaining viable jobs. For more information on the Job Support Scheme, please visit our blog or give us a call!
It is important as employers to keep on top of any employment legislation changes. Click below to book onto our free legislation seminar.BOOK ONLINE
Agility Risk & Compliance Ltd provide tailored solutions to mitigate risk and improve compliance in Health and Safety, HR, Training, and Occupational Health.
Existing clients call our 24-hour service and you will be directed to your expert consultant.