Blog: The Kickstart Scheme – all you need to know
4 September, 2020
The Kickstart Scheme - all you need to know
On 8th July 2020, the Chancellor of the Exchequer, Rishi Sunak announced a new £2 billion Kickstart scheme to create job placements for 16-24 year olds.
At Instant Impact we've been running graduate and apprenticeship programmes for 10 years and are very supportive of the scheme’s aim to help young people to get onto the job ladder in this difficult time.
That being said, the government has set the bar high and it is important to be aware of the requirements needed to participate for both employers and employees.
- Has to offer at least 30 placements or apply through a representative that is collectively offering at least 30 placements across the employers that it's working with
- Has to ensure that roles are not replacing existing or planned vacancies
- Has to be 16-24
- Has to have been claiming Universal Credit and deemed to be at risk of long term unemployment by Jobcentre Plus
Tesco, the UK’s largest retailer, has backed the scheme and pledged to create a large number of jobs, as have other firms. At Instant Impact, we can see how it will work for frontline staff but it remains to be seen how beneficial it could be for office based professional services roles. We will be keeping track of any updates and have also registered our interest in becoming a representative of the Kickstart Scheme.
If you are able to participate and have placements available then there are a number of benefits to the scheme. The government will essentially cover the cost of 25 hours' work a week at the National Minimum Wage for 6 months.
If you would like to find out more or if your company or any companies you know would be interested in offering placements as part of the programme then get in touch.
Written by Frankie Youell, Marketing and Sales Executive
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