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College welcomes Apprenticeship Incentive Scheme

SOUTH Eastern Regional College (SERC) has wel-

comed the new Apprent-iceship Incentive Scheme from the Department for Economy.

Victoria Boyd, Training Pro-gramme Manager at SERC, said: “This initiative is a vital step for employers to support the recruitment of new apprentices. The college welcomes all the support that will be needed to ensure young people are able to earn whilst they continue to learn and are ready and qualified for the future of the economy.”

She added: “Employers re-

main committed to the apprenticeship route as seen in the strong recruitment we have had at the college this academic year.

“At SERC we have 950 app-rentices but there have been 54 apprentice redundancies which presents a major chal-lenge for those young people at an important stage in their career. We will continue to help them complete their qualification and obtain re-employment in the near future.”

This New Apprenticeship Incentive Scheme is available to all employers to support the recruitment of new apprentices. Employers will be eligible for up to £3,000 for each new apprenticeship opportunity cr-

eated from April 1, 2020, to March 31, 2021. This bonus will apply to all new apprenticeship opportunities and includes apprentices who have been made redundant:

Payment 1 – £2,000 after 90 days retention following start of new apprenticeship;

Payment 2 – £1,000 after 200 days retention following start of a new paid apprenticeship.

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