What are the benefits of an apprenticeship? 

by | Dec 20, 2020 | Coaching, Education | 0 comments

What are the benefits of an apprenticeship?

Apprenticeships are an exciting option –  you get hands-on training and also the chance to put your skills into practice.

Apprenticeships are available at multiple levels. From school leavers, people upskilling in their careers and complete career changes. There are hundreds to choose from and some include a qualification, like a degree. 

What you’ll earn

What you earn will depend on the industry, location and type of apprenticeship you choose.

If you’re aged 16 to 18 or in the first year of your apprenticeship, you’re entitled to the

If you’re 19 or over and have completed the first year of your apprenticeship, you’re entitled to the National Minimum Wage.

This is the minimum you’ll earn – many employers pay a lot more and offer their apprentices a competitive salary. 

What it costs 

Apprenticeships are funded from contributions made by the government and your employer. This means you will not have any student loans or tuition fees.

You’ll just need to cover the cost of your day-to-day expenses, such as lunch and travel.

If you’re 16 to 24 and a care leaver, you’ll receive a £1,000 bursary payment to support you in the first year of your apprenticeship.

Hire an apprentice

Employing an apprentice is easier than you think and there’s financial support and help available from the government.

Direct to your inbox

Stay upto date with Crest’s selected news.

Subscribe

Get an email every time we publish a new post!

Taking Entrepreneurship To New Levels Across The UK

Taking Entrepreneurship To New Levels Across The UK

Taking an entrepreneurial outlook to weather the perfect storm After such a difficult nine months for many firms, a coronavirus vaccine now being made available to the public presents a chance to focus on what can be done to not only rebuild the SME sector but to take...

read more
£125m Promised FE Funding Delayed

£125m Promised FE Funding Delayed

Promised investment in skills training has been questioned after FE Week discovered £125 million of FE funding has been delayed by at least a year. The Conservative Party manifesto pledged a new National Skills Fund (NSF) with £500 million being made available in each...

read more