Those aged 16-24, claiming Universal Credit and at risk of long-term unemployment, will be eligible. Funding available for each six-month job placement will cover 100% of the National Minimum Wage for 25 hours a week – and employers will be able to top this wage up. It is intended to create hundreds of thousands of new, fully subsidised jobs for young people.
A total of £1.6 billion will be invested in scaling up employment support schemes, training and apprenticeships:
- For the next six months, businesses will be given £2,000 for each new apprentice they hire under the age of 25, and £1,500 for each new apprentice over the age of 25. This is in addition to the existing £1,000 payment the Government already provides for new 16-18-year-old apprentices and those aged under 25 with an Education, Health and Care Plan.
- A £111 million investment to triple the scale of traineeships in 2020-21
- £17 million of funding to triple the number of sector-based work academy placements in 2020-21
- Nearly £900 million to double the number of work coaches to 27,000
- Over a quarter of a million more young people to benefit from an extra £32 million investment in the National Careers Service.
We welcome this support for young people and the recognition that apprenticeships and careers advice are key to jumpstarting careers. It is our hope that the cultural sector fairly benefits from these initiatives to help it grow and diversify.
Apprenticeships are proven to support social mobility when employers use this route appropriately and as intended. There is both a moral and economic imperative to recruit inclusively. Creative & Cultural Skills has extensive experience of supporting hundreds of employers to create thousands of apprenticeships and alternative entry routes over the years, so we're on hand to support the sector to rebuild. Please get in touch: [email protected]