- Employer negotiates a price of £5,750.00 with the provider
- The government co-invests £5,175.00 (90%)
- The employer co-invests the remaining 10% which is £575.00. This must be in cash and not in kind.
- The employer and training provider agree the payback times, usually determined by the length of the training.
- A percentage is agreed and put aside on the Digital Apprenticeship System for the End Point Assessment.
- The End Point Assessment value is negotiated with the Employer
There are extra incentives for non-levy paying organisations who take on 16-18 year old apprentices. They will receive an additional £1000.00 payment in two equal instalments timed at 3 months and 12 months. This will be sent by the training provider.
For companies with less than 50 employees the government will pay 100% of the apprenticeship training cost if the apprentices are between 16 and 18 years old.