Simon Jinks is a director at SeaRegs Training based in Plymouth, Devon. As a leading provider of marine apprenticeship training, in this blog he explores how apprenticeships work and the benefits to employers.
A marine Apprenticeship lasts for between 1 and 2 years. You can employ apprentices at different levels, from school leavers and university graduates to people who want to further their careers or change career direction. You can hire someone new or upskill an existing employee. Here at SeaRegs Training, we offer 3 marine apprenticeships; BoatMaster, Workboat Crew member and Port Operative.
The latest Apprenticeships are an exciting option for both apprentice and employer. Hiring an apprentice is a productive and effective way to grow talent and develop a motivated, skilled and qualified workforce.
You can adapt their training according to your business’ needs, motivate them to learn new skills, and expand and upskill your workforce.
Following the spring 2021 government budget, Rishi Sunak announced additional financial benefits to employers to boost job opportunities for young people in the UK. This is being done by increasing incentive payments to firms taking on apprentices.
As an employer, you are entitled to funding from the government to help pay for 95 – 100% of the training fees. If your company pays into the Apprenticeship Levy, you pay no more contributions. If your company is not a ‘levy payer’, your company pays 5% of the training fee over the Apprenticeship term. The only extra costs are travel and accommodation for the apprentice if required.
Presently there are incentives of up to £3,000 if you employ an apprentice before 30th September 2021, so now is a great time to take up this opportunity to grow your team.
You must pay your apprentice for time spent training or studying for their Apprenticeship. There are different rates of pay for apprentices depending on their age and what year of their Apprenticeship they’ve completed. The minimum wage for all apprentices is at least £4.30 per hour moving up to the national minimum wage after a year and if they are over 19 years old. This is at your discretion and you may choose to pay more.
- Aged 16 to 18: The current National Minimum Wage rate for an apprentice is £4.30 per hour*
- Aged 19 or over and in their first year: The current National Minimum Wage rate for an apprentice is £4.30 per hour*
- Aged 19 or over and have completed their first year: Apprentices will be entitled to the National Minimum Wage or National Living Wage rate for their age*
*Please note that these wages are adjusted by the government each April.