Expert Insights

Latest news stories and opinions about the Dental, GP and Care Industries. For your ease of use, we have established categories under which you can source the relevant articles and news items.

19th March 2021

£20,000 ‘golden hello’ scheme for GP practice partners widened…. but not yet to PMs

Applications were delayed by the start of the COVID-19 pandemic last year, but opened from 1 July 2020, with the scheme set to run until 2022.

How exciting that there is a further staff group now eligible for the 'New to Partnership payment' from 1 March 2021. This group joins GPs, nurses, pharmacists, pharmacy technicians, physiotherapists, paramedics, midwives, dietitians, podiatrists, occupational therapists, and mental health practitioners.

Could this be for practice managers? Sadly not as yet, this new group is physician associates although NHS England confirmed last year that it hoped to extend the partnership scheme to practice managers at some stage.

Staff in any of these groups taking on a partnership in a GP practice in England on or after 1 April 2020 can apply for a golden hello worth up to £20,000, plus a training allowance worth up to £3,000.

GP Partnership

In the year to December 2020 the number of full-time equivalent GP partners fell to 17,173 - down around 900 from the previous December.

NHS England revealed last year that it had been forced to overhaul eligibility requirements amid concerns that some GPs who had applied found that they were unable to produce evidence required to support applications.

Applicants for the golden hello scheme must agree to remain in a partnership role for five years - with part of the funding to be repaid if they leave within that period. The full £20,000 golden hello is available for those working in full-time roles, with the amount reduced on a pro-rata basis for people working less than full time.

To be eligible for the scheme, an applicant must be 'an equity share partner' - holding a share in the profits and liabilities of the partnership, with a share not less than 10%.

Bring on the news that many Practice Managers have been waiting for that this absolutely fundamental role is the next staff group to be added.

*All information is correct at the time of publishing. Use of this material is subject to your acceptance of our terms and conditions.

Join over 120,000 users already using the QCS Management System!
Start Free Trial
Back to Top

Register here for your FREE TRIAL

  • Try our unique Management System, or any of our individual packs
  • PLUS! Gain FREE trial access to our Mock Inspection Toolkit
  • Over 2,300+ pages of easy to use guidance and 300+ policies & procedures

Simply fill out the form below and get full access for 24 hours to a QCS Management System of your choice.