The Government has started taking applications for employers to apply to take part in the Kickstart Scheme.
The scheme, which is part of the Government’s Plan for Jobs, aims to get young people in the workplace.
The 6 month placements are open to those aged 16-24 who are claiming Universal Credit and at risk of long term unemployment.
Funding will be given to pay for 25 hours of work per week at the relevant minimum wage for the employee, as well as associated employer National Insurance contributions and employer minimum auto-enrolment pension contributions.
Extra funding will also be made available to support young people in finding long term employment after the scheme ends.
Chancellor, Rishi Sunak, said:
“This isn’t just about kickstarting our country’s economy – it is an opportunity to kickstart the careers of thousands of young people who could otherwise be left behind as a result of the pandemic.”
Secretary of State for Work and Pensions, Therese Coffey said:
“As we launch our £2 billion Kickstart programme, putting young people at the heart of our revival - we are urging businesses to get involved in this innovative scheme and take advantage of the enormous pool of potential out there.
“There is no limit on the number of opportunities we’ll open up through Kickstart and we’ll fund each one for six months as part of Our Plan for Jobs to create, support and protect jobs.”
Around 700,000 young people are set to leave education and enter the job market this year, with a quarter of a million more people aged under 25 claiming unemployment benefits since March – with youth unemployment having a long-term impact on jobs and wages.
