Originally written by Anna Jordan on Small Business
The government has launched its Kickstart Scheme, an incentive for businesses who help at-risk young people get back into work.
It was first announced in the Chancellor’s Summer Statement back in July. We explain what the scheme is, how it works and how to apply.
>See also: Rishi Sunak Summer Statement what it means for small business
What is the Kickstart Scheme?
With the Kickstart Scheme, you can create six-month job placements for young people who are on Universal Credit and are at risk of long-term unemployment.
The job placements you create should encourage workers to develop skills and experience that will be useful to them in the jobs they undertake after the placement.
It’s available to businesses in England, Scotland and Wales.
How does the Kickstart Scheme work?
Funding will cover 100 per cent of the relevant National Minimum Wage for 25 hours a week along with associated National Insurance contributions and the employer’s minimum automatic enrolment contributions. A sum of £1,500 per job is also available for set-up costs, support and training.
You’ll get the funding if your application is successful. One thing you should know is that is that applications must be for a minimum of 30 placements. If