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23 Sep 2021

HM Treasury has published a progress update on its Plan for Jobs as well as a record £650 billion infrastructure investment

22 Sep 2021

The report focuses on what the Government should consider including in their upcoming second Cycling and Walking Investment Strategy (CWIS) to harness the wider positive work already being done...

21 Sep 2021

Selling electric scooters without clear warnings is breaking the law, according to minister

17 Sep 2021

All ACT members are invited to join in on the APPGCW inquiry report launch. Please contact the ACT if you would like to join in and we...

16 Sep 2021

There's so much to be learned from the success (or lessons) of others, particularly when it come to the ever-moving landscape of social media. So, every week Maybe* dig through all the data to...

15 Sep 2021

Read which lucky bike shops and customers were chosen to receive Local Bike Shop Day prizes

14 Sep 2021

Green Streetis a guide to helping smaller retailers & hospitality businesses work together to slash their carbon footprint and become more sustainable as quickly as possible.

14 Sep 2021

From 1st April 2022, employer NICs will increase by 1.25 percentage points. Employee NICs will also increase by 1.25 percentage points, including for workers above state pension age

13 Sep 2021

Local Bike Shop Day 2021, administered by the Association of Cycle Traders (ACT), was supported by a record number of cycling organisations and bike shops

9 Sep 2021

Join tax compliance company Avalara for a webinar as they cover IOSS & selling into the EU, on Thursday 30th September at 11am.

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Government cash incentives doubled for employers to hire new apprentices

Posted on in Business News , Cycles News

In addition to pre-existing incentives in place the government has introduced new funding grants during the pandemic for employers taking on new apprentices, meaning that they could now receive up to £4,000 per apprentice.

The additional apprenticeship financial incentives were first announced by Sunak back in July 2020 and currently offer firms £2,000 to take on apprentices aged 16 to 24, while those that employ new apprentices aged 25 and over can receive £1,500. These bonuses were initially set to end this month.

However, during the recent Budget at the beginning of March Sunak announced an extension and increase to these incentives, so that from 1st April 2021 until 30th September 2021 employers who take on a new apprentice of any age will receive an incentive payment of £3,000, superseding the current incentives.

This is in addition to the pre-existing £1,000 payment already provided for new apprentices aged 16 to 18 and those under 25 with an Education, Health and Care Plan, meaning that some employers could receive £4,000 in total and on top of having the majority of training funded by the government, meaning it has never been a better time to employ an apprentice.

 

Bike shops able to benefit from cash boost and skilled new employees

The extended and increased payments will have the potential to be both transformational for young people and employers alike.

Alongside a much-needed cash boost for bike shops and businesses, the scheme encourages employers to grow their own talent, creating some amazing opportunities for people to start a rewarding career within the cycling industry.

Activate Cycle Academy (ACA) deliver an 18-month apprenticeship in Bicycle Mechanics and is the only training provider to offer Cytech training as part of an apprenticeship. Cytech, managed by the ACT, is the internationally recognised training and accreditation scheme for bicycle technicians.

Cytech courses 

Cytech is at the heart of the training to ensure that all apprentices gain industry recognised qualifications when completing their apprenticeship. It includes the online Cytech Theory One and the Technical two and Technical three qualifications, as well as topics such as e-bikes, business studies, customer service and advanced selling skills resulting in a very experienced and highly skilled apprentice on completion of their training.

If you're considering hiring a new member of staff for your business and looking to give them the skill set they need to thrive, then a Cytech based Apprenticeship could be just the solution.

Employers interested in taking on a cycle mechanic apprentice or would like to learn more about the recent Government funding incentive details, should contact ACA on 01865 550 324 or email cycles@activatelearning.ac.uk.

 

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