To help young people in to work and to gain the skills for future employment, the Government has put in place the following schemes and incentives for employers.
The UK government has introduced a new Kickstart Scheme in Great Britain, a £2 billion fund to create hundreds of thousands of high quality 6-month work placements aimed at those aged 16-24 who are on Universal Credit and are deemed to be at risk of long-term unemployment.
Funding available for each job will cover 100% of the relevant National Minimum Wage for 25 hours a week, plus the associated employer National Insurance contributions and employer minimum automatic enrolment contributions.
The Chamber is an accredited gateway to help make a successful application. Get more information here.
Payments for employers who hire new apprentices or trainees
The UK government have introduced a new payment of £3,000 to employers in England for new apprentices of any age who join their organisation from 1 April 2021 to 30 September 2021.
The incentive payment is in addition to the £1,000 employers already receive for hiring an apprentice:
- aged 16 to 18 years old;
- under 25 with an education, health and care plan or who has been in the care of their local authority.
Full information on the incentive and how to apply – here.
Employers can now apply for a £1000 cash support to help them take on new trainees. The aim of the new scheme is to support young people to gain the skills and experience, by providing facilities, uniforms or helping with travel costs. Businesses offering new traineeship opportunities will receive the £1,000 bonus for every trainee they take on with up to a maximum of 10 trainees. Employers can claim the cash incentive for all work placements that have been completed since 1 September. The cash support is available until 31 July 2021 and details on how to apply can be found here. It was announced in the March 2021 Budget that this incentive would be extended to cover the 21/22 year.