Apprenticeship Boost aims to provide support for employers to retain and take on new apprentices as the economy recovers from the impacts of COVID-19, so they can continue to earn and progress towards their qualifications.
This initiative recognises apprentices need more support from employers in their first two years while they are training and developing their skills.
Employers of first and second year apprentices who are in a Tertiary Education Commission (TEC) approved New Zealand Apprenticeship or a Managed Apprenticeship can apply for Apprenticeship Boost through the Ministry of Social Development (MSD).
Employers can apply for Apprenticeship Boost whether an apprentice has just started their training programme or is nearing the end of their first two years - right up until the apprentice has completed 24 months of their training programme (while the initiative is running).
Apprenticeship Boost will run for 20 months.
Employers with an apprentice in their first year of their apprenticeship will be eligible for $1,000 per month, and employers with an apprentice in their second year will be eligible for $500 per month for a maximum period of 20 months.
To apply for Apprenticeship Boost you will need to sign up for an Apprenticeship Boost account at MSD.
The Building and Construction Industry Training Organisation (BCITO) has set a record of 16,000 apprentices in training.
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