Setting up your apprenticeship

Funding your apprenticeship

You can check what apprenticeship training you’re entitled to on the government’s website.

Recruiting an apprentice

To get an idea of what's involved with setting up your apprenticeship and recruiting an apprentice, download our step-by-step guide (PDF, 29 KB)

Remember, you can use ACCA Careers to extend your reach and attract the right apprentice. It's even free for you to place your apprentice job advert. Visit ACCA Careers.

We partner with approved learning providers who can assist you in the recruitment of ACCA apprentices too, and are available to answer your questions on the process and funding as well:

The cost to your business

Because apprenticeships attract significant central government funding to cover the costs of training, they represent a highly cost-effective means of retaining and developing your staff and attracting new talent.

The main cost to you as an employer is the cost of employing someone, as apprentices receive the same benefits as any other employee.

So, when assessing the likely cost to your business of employing apprentices, you may wish to consider the following:

  • hourly or annual wage/salary
  • number of hours your Apprentice will work per week
  • your Employer National Insurance contributions
  • your Employer contributions to a work-based pension scheme
  • the level/cost of manager resource required to support your apprentice 
  • the time/cost required to liaise with your training provider to finalise the process
  • administration costs of the apprenticeship.

The only other costs are the ACCA exams and the initial registration and subscription fees. And at least 95% of the training cost is covered by the government. You may only have to top up a small amount of training monies.