As of next month employers will be able to apply to the Kickstart Scheme without a minimum threshold of 30 jobs.
The Kickstart Scheme provides £2 billion to support the creation of six-month work placements for 16 to 24-year-olds on Universal Credit and at risk of long-term unemployment.
The Government provides employers that offer the placements funding equivalent to 100 per cent of the relevant level of the National Minimum Wage (NMW) for 25 hours a week.
It also covers the associated Employer NICs and minimum automatic enrolment pension contributions.
The scheme, which has been underway since September, is helping to put young people who have been some of the hardest hit by the economic impact of the pandemic on the first rung of their career ladder.
The scheme has now become easier for employers to join, as from February 3, 2021 there will be no minimum threshold.
“Young people are among the hardest hit in times like these, which is why we’re doing everything we can to ensure they’re not left without hope and opportunity,” said Chancellor Rishi Sunak.
“The Kickstart Scheme is central to this. Since opening for applications last Autumn, we’ve worked with some of the most exciting companies to create more than 120,000 Kickstart jobs – which is a huge vote of confidence in our young people at a challenging time.”
Since applications opened in September, there are now more than 600 approved gateways covering many sectors and all parts of the country.
Referrals to the Kickstart Scheme will run until December 2021 and is expected to create hundreds of thousands of new job placements.
For those employers who want support to get involved with the scheme please contact your Local Authority or Chamber of Commerce.
Ellis & Co Chartered Accountants and Business Advisers, Chester & Wrexham - 01244 343504, email@example.com