Scotland’s Employer Recruitment Incentive (SERI)
Funding for employers
SERI targets support at unemployed young people aged 16 to 29 with the greatest barriers to employment to help them obtain and remain in sustainable employment, including Modern Apprenticeships (MA).
You can get up to £4,000 when your organisation commits to a new job or new MA in Edinburgh for an eligible young person. The funding is a contribution towards the costs of recruiting a young person during their first 52 weeks of sustainable employment. If you pay the young person the living wage you are entitled to claim an extra payment of £500 at the end of the 52 weeks.
The funding is available to private or third sector organisations only. The £4,000 total basic grant would be paid as follows
- £600 after 4 weeks employment
- £1,400 after 13 weeks employment
- £2,000 after 52 weeks employment
- £500 living wage bonus payment after 52 weeks employment if applicable.
The fund can be used to
- pay wages
- fund extra supervisory costs
- offer extra training
- meet travel to work costs.
The fund will open for job starts from April 2019 until March 2020 shortly.
Please note the following:
Due to the limited amount of funding available we deal with applications on a 'first come first served' basis
The young person you intend to employ has to meet the eligibility criteria, that is, they have been unemployed before taking up employment with you and have one or more of the barriers listed.
If the young person has started employment with you prior to our giving you a grant acceptance letter they will not be eligible for funding. Our decision is based on the content of your application.
For an application pack or to ask any questions please get in touch.