Scotland’s Employer Recruitment Incentive (SERI)
Funding for employers
SERI targets support at unemployed young people aged 16-29 with the greatest barriers to employment to enable them to obtain and remain in sustainable employment (including Modern Apprentices).
You can get up to £4,000 when your organisation commits to a new job or new Modern Apprenticeship (MA) in Edinburgh for an eligible unemployed young person. The funding is a contribution towards the additional costs of recruiting a young person during their first 52 weeks of sustainable employment. If an employer pays the young person the living wage they will also be entitled to claim an additional payment of £500 at the end of the 52 weeks. The funding is available to private or third sector organisations only and is not available to public sector organisations. The funding would be paid
- £600 after 4 weeks employment
- £1,400 after 13 weeks employment
- £2,000 after 52 weeks employment
- £4,000 total basic grant
- £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 is open for job starts from 8 May 2017 until 31 January 2018. Please note the following:
- due to the limited amount of funding available applications will be dealt with on a first come first served basis
- the young person you intend to employ has to meet the eligibility criteria (have been unemployed before taking up employment with you and have one or more of the multiple barriers listed)
- if the young person has started employment with you prior to our giving you a grant acceptance letter (decision based on the content of your application ) they will not be eligible for funding.
For an application pack or to ask any questions please get in touch.