More than 4,000 small businesses have used the Government\u2019s Kickstart programme to take on new workers, it has been revealed.<\/p>\n
The figures come after the initiative was launched last year to support young people most at risk of unemployment due to the global pandemic.<\/p>\n
Under the scheme, which runs until December 2021, employers can apply for funding to cover 100 per cent of the relevant National Minimum Wage for 25 hours a week, plus associated employer National Insurance Contributions (NICs) and employer minimum auto-enrolment pension contributions, for young people between the age of 16 and 24.<\/p>\n
While employers are required to top up wages if more hours are required, the Government will pay businesses \u00a31,500 to cover set up costs and training for people on a Kickstart placement, such as uniforms and remote working equipment.<\/p>\n
Commenting on the scheme, Work and Pensions Secretary Th\u00e9r\u00e8se Coffey said: \u201cEvery job created by the Kickstart Scheme is a potentially life-changing opportunity for a young person, and the heartening response of employers shows they recognise the huge value in giving youth a chance.<\/p>\n
\u201cEmployers from all corners of the country have signed up, creating thousands of new and interesting jobs and helping us to level up as we build back better.\u201d<\/p>\n
Small employers taking on less than 30 placements must apply for the scheme through an intermediary, such as a local authority, charity or trade body.<\/p>\n