Minister for Further and Higher Education, Research, Innovation and Science Simon Harris TD has today announced a further extension of the Apprenticeship Incentivisation Scheme (AIS) until the end of December 2021.
The Apprenticeship Incentivisation Scheme provides financial support for employers who register apprentices to a national apprenticeship programmes.
Employers who are approved by SOLAS to employ apprentices are eligible for a €3,000 payment for each new apprentice registered.
€2,000 per apprentice is paid to eligible employers following the registration of apprentices with a further €1,000 is payable in Year 2 for each apprentice retained on their apprenticeship.
Speaking about the extension to the scheme, Minister Harris said: “During an incredibly challenging year with Covid-19 and the impact it has had on our society, the apprenticeship system has remained resilient.
“Since the launch of the Incentivisation Scheme, €5.7 million has been paid to over 1,500 employers throughout the country supporting almost 3,000 new apprentice jobs, with many more in the pipeline.
“We have ambitious targets for apprenticeship in Ireland and we need to ensure employers are supported in taking on new apprentices. We have listened to employers and I am glad this will extended to the end of the year.”
Under the Action Plan for Apprenticeship 2021-2025 it is intended to ensure that all employers of apprentices will be financially supported either through the direct payment of training allowances to craft apprentices during periods of off-the-job training or through an annual base grant per apprentice for employers of all other apprentices. This will be implemented in early 2022.