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At Pareto, we go above and beyond to find the right fit for both you and a prospective employer. Taking people of high potential and placing them in positions where they can excel.
Recent Changes in the Apprenticeship Scheme
So how bad could it be?
A recent report from the IPPR (Institute for Public Policy Research) predicted that 1 million 18-24 year olds risk being unemployed by the end of 2020. The impact of this is a growth in state dependency and a reduction in economic activity, further enhancing the challenges that are faced in the future.
Whilst it is a harsh reality that no measures will be able to protect every job and every business, this committed investment from the government can provide both a short term support to reduce the impact on people, whilst also encouraging companies to invest in their future as the UK economy looks to rebuild.
With the ‘free money’ on offer, the biggest risk is making sure that it is spent in the right areas on the right things. With the thought of £2,000 for any employer who chooses to hire an apprentice aged 16-24 into a new job or £1,500 for any apprentice new hire over the age of 25, it is easy to get caught up in a public funded ‘Gold Rush’.