Contribution to Wage Costs is available to Train to Gain employers with fewer than 50 full time equivalent employees. The only exception is that payment can not be claimed for self employed or volunteer learners.
Payments are based upon the number of hours of training release (up to a maximum of 70 hours per learner) multiplied by either £5 or the learner's actual wage rates. Typical employer payments made so far vary from between £500 and £4,000 per business, and these are claimed on a quarterly basis.
There is still time for businesses to submit their claims, so please don't miss this opportunity to see how this valuable initiative can help you and your business. Contact your Skills Broker now!
