Finding good people with the right skills is the key to success.
By recruiting someone who has been made redundant you can benefit from the ReAct redundancy support programme. ReAct can help you pay their wages and fund job-related training to sharpen skills. So you get the right person for the job – and reduce your staff costs.
What it's about
We are all talented people. Those who lose their jobs through no fault of their own shouldn’t be left standing on the sidelines. It’s bad for them and it's bad for business.
ReAct offers a package of support to help those who’ve been made redundant get back into work quickly. It’s good news for them – and great news for you.
How it works
When you employ a qualifying recruit, we’ll give you up to £3,000 in quarterly instalments for the first 12 months to help cover their wages. We will also pay up to £1,000 for any job-related skills training needed to bring them up to speed.
It makes employing someone who’s just been made redundant a very attractive proposition.
Who is eligible
The person you wish to recruit must either be under formal notice of redundancy or have been made redundant within the last 3 months. They must also have be resident in Wales at the date of redundancy and at the date you make your application for funding.
The job you’re offering must be for 16 hours a week or more, paid at National Minimum Wage or above and be expected to last at least 12 months. The job must not supported by any other public or European funding. Also, your business must not have reached the 'de minimis' threshold for State Aid which limits the amount of funding the Welsh Government can provide.
The recruit will be disqualified from the programme if they start working for you before your application for funding has been approved or if they have been in continuous employment for 6 weeks or more since being made redundant.
Other conditions apply.
What’s in it for you
- improve your productivity and competitiveness through recruiting quality staff
- get funding for job-related training to sharpen the skills of new recruits
- reduce your staffing costs
- boost your working capital
- lower overheads and increase profit
It's TIME to find people with the right skills
For more information on funding and terms and conditions please read the ReAct Guidance Notes. When you’re ready to apply, print off and complete the Employer recruitment and training support application form.
If you have any queries please call the Business Wales Helpline on 03000 6 03000 or contact us.
ReAct is part-funded by the European Social Fund through the Welsh Government.
|Programme Checklist||EU funds in Wales|
|Delivery Area||All Wales|
|Supported by the European Social Fund?||Yes|