The Construction Industry Training Board (CITB) have annoucned a major boost in funding to help employers take on construction apprentices.
From 1 April, CITB’s attendance grants to employers will increase to £2,500 per year, while achievement grants will rise to £3,500 for companies whose apprentice successfully completes their training.
This is an overall funding increase from £10,250 to £14,500 for each apprentice an employer takes on – an uplift of over 30% on existing rates.
CITB has decided to increase employer funding at a time when construction apprenticeships are falling. This is due to factors such as economic uncertainty caused by Brexit and employers adjusting to new apprenticeship reforms, including the Apprenticeship Levy.