£1000 cash boost for employers to support T Level industry placements
Announced today, employers will be able to claim £1000 for every T Level student they host on a high-quality industry placement, as part of a new incentive scheme.
The T Level employer incentive fund, launched in recognition of the impact the pandemic has had on many businesses, is designed to help cover financial constraints employers may face as a barrier to hosting placements in the short term.
Employers will be able to claim £1000 for each T Level student they host on a 45 day (315 hour) industry placement, and offers businesses an excellent opportunity tap into the emerging talent pipeline, whilst supporting the skilled workforce of the future. Employers will be able to claim for up to 20 students, starting their T Level placements from now until July 2022.
Minister for Apprenticeships and Skills Gillian Keegan said:
“T Levels are a game changer for young people, providing a fantastic high-quality technical alternative to A levels and helping to produce the highly skilled talent pipeline of tomorrow as we build, back, better from the pandemic.
“Employers are already recognising the value hosting a T Level Industry Placement can bring to their business, helping them to build the skilled workforce they need for the future. This cash boost will help even more employers to experience the benefits, while also providing young people with invaluable first-hand experience in the workplace.”
It is hoped that the funds will encourage employers to consider offering industry placement opportunities and that they will use the funds to put the building blocks in place that mean they can continue to offer placements in the future.
Employers interested in accessing the incentive payments and offering T Level industry placements should contact: 08000 150 600 (choose option 4) or fill out an industry placement contact form online.
A new Employer Guide, to help businesses understand how to host an industry placement, including details on what is expected of them during the placement, has also been published.
Also announced, a procurement exercise, of up to £350,000, for an Employer Support Package, will taking place in the summer, for an organisation to offer employers T Levels support. Such support will include delivering webinars, and support sessions across England.