Government plans to support, create and protect jobs’ in an initiative called Kickstart.
The new Kickstart Scheme is a £2 billion fund to create hundreds of thousands of high quality 6-month work placements aimed at those aged 16 to 24 who are on Universal Credit and are deemed to be at risk of long-term unemployment. An Employer Guide provides more detail.
Funding available for each job will cover 100% of the relevant National Minimum Wage for 25 hours a week, plus the associated employer National Insurance contributions and employer minimum automatic enrolment contributions.
Though Government specify that applications for the Kickstart scheme must be for at least 30 job placements, the CII have agreed to facilitate a solution specifically for the insurance sector which will allow members to apply for as few as one placement, so is accessible to brokers regardless of size.
We are collaborating with the CII who will manage the numbers to enable you to have excellent outcomes through this broadened acceptance criteria, which could be of great benefit to you business.
Click here for more information about the Kickstart initiative.
DWP Work Coaches will decide on a case by case basis who is eligible for a kickstart placement and therefore graduates who have been unable to find a job for some time could be eligible.
If you want to express an interest in having a placement via the scheme with assistance from the CII please register that interest here
What happens next?
On completion of the expression of interest survey one of the CII Development team will contact you to explain the initiative in more detail, they will discuss how many placements you can accommodate, who the individuals might be and where they will come from, how they get introduced to you to determine if they are both right for the placement and you are right for them.
We hope that this initiative will help to introduce more young people to the insurance and financial services sector and help secure your employment needs.