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Support for Business Recovery - start of article

Support for Business Recovery

As we reach the end of 2020, there is hope that the New Year will bring back some positivity to the sector. To help support businesses to recover after this 'unprecedented year' ( a term we plan to retire with any luck), the Cardiff Capital Region have outlined some of the packages that could help companies on their path to a more prosperous New Year. Kick Start Scheme The Kickstart Scheme can be used to create new 6-month job placements for young people who are currently on Universal Credit and at risk of long-term unemployment. The placements are open to those aged 16 to 24 who are claiming Universal Credit and at risk of long-term unemployment. They will be available across a range of different sectors in England, Scotland and Wales. Employers will receive funding for 100% of the relevant National Minimum Wage for 25 hours a week, plus associated employer National Insurance contributions and employer minimum auto-enrolment pension contributions. To find out: • How the scheme works • Who can apply for funding • How to apply • Other help you can get For further information and to find approved gateway organisations, you can visit the GOV.UK website here: https://www.gov.uk/government/collections/kickstart-scheme#who Personal Learning account Program (PLAP) A Personal Learning Account will allow employees to study flexible, part-time courses around their existing responsibilities. It will enable them to obtain the skills and qualifications they need to switch careers and embark on a new pathway. Personal Learning Accounts provide flexible and fully-funded learning, both online and face to face. Individuals will be able to get new skills and qualifications that local employers need to help them progress their current career or change it altogether. All of the courses on offer through a Personal Learning Account are being funded by the Welsh Government. For full information on eligibility, and where to access a provider please visit: https://careerswales.gov.wales/courses-and-training/funding-your-studies/personal-learning-accounts Apprenticeship Employer Incentive Scheme (EIS) The Apprenticeships Employer Incentive Scheme (EIS) is aimed to support employers from small and medium-sized enterprises (SMEs) in recruiting 16 to 19 year old apprentices. The EIS is delivered by a network of providers across Wales. Participating employers will receive an incentive payment from their provider eight months after recruiting an apprentice, which is funded by Welsh Government. For further information, please visit: https://gov.wales/apprenticeship-employer-incentive-scheme-research-study

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