Posted on October 12, 2015
Suffolk New College Principal Viv Gillespie has welcomed the introduction of an annual £1,000 pay increase for apprentices.
The rise came into effect this month and represents the largest ever growth in wages in the apprenticeship scheme.
The apprentice rate of the minimum wage will go up by 57p per hour to £3.30, meaning that those working full-time will earn £1,185 more per year.
Mrs Gillespie said the rise reflected the importance and growing appeal of apprenticeships.
“A strong apprenticeship system is vital for the future of economic growth in
“It is therefore only right that those talented young people who are developing the key skills to drive industry forward are properly rewarded for their efforts.”
“Given the significance of the apprenticeship scheme to
The apprentice rate applies to all 16 to 18-year-old apprentices, as well as older apprentices in the first year of training. The new rate goes beyond the Low Pay Commission's recommended £2.80.
Business secretary Sajid Javid said the increase for apprentices was “the largest in history, making sure that apprenticeships remain an attractive option for young people”, while "the national minimum wage will see the largest real-terms increase since 2007”.