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Employers can now claim £2,275 for employing a young person aged 18-24 for 26 weeks or more.
How it works
Take on a young person for 16 hours or more each week in a job lasting more than 26 weeks then you could claim an incentive.
There are two rates:
• for part-time work between 16 and 29 hours a week – £1,137.50
• for full-time work of 30 hours or more a week – £2,275.
This will be paid 26 weeks after the employee starts work. Small businesses with fewer than 50 employees can claim a part payment eight weeks after the employee starts work.
What will I need to do to claim the incentive?
In essence - once you have identified the candidate you will need to complete a claim form, and send this together with a consent form for the candidate which they will have and copies of wage slips from the first day they are employed. We can do the rest.
Who can claim?
Wage incentives are available to private, voluntary and community sectors and social enterprise employers.
Find out more
For more information and help about how you can unlock the wage incentive
Contact me
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Name
Contact Number |
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Speak to a jobcentre plus adviser |
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Call 0845 601 2001 or textphone 0845 601 2002 for speech or hearing problems |
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DWP Website - www.dwp.gov.uk/youth-contract/key-initiatives/wage-incentives/. Employer Factsheet - http://www.dwp.gov.uk/docs/youth-contract-employer-factsheet.pdf What is the Youth Contract Leaflet - http://intralink.link2.gpn.gov.uk/1/jcp/odet/bcd/youthcontract/dwp_t713071.pdf Claim a cash incentive and make a difference to youth unemployment - http://intralink.link2.gpn.gov.uk/1/jcp/odet/bcd/youthcontract/dwp_t730856.pdf |