As the UK starts to come out of lockdown and tries to get back to ‘normal’, the government has been looking at ways to boost the fragile economy.
The Chancellor of the Exchequer, Rishi Sunak, has stepped in with an economic package intended to help the industry get back on its feet. The £2bn kickstart jobs scheme is aimed at the younger generation who are now coming into the job market. The concern is with high unemployment they could be left behind.
For each role created under the scheme the government will pay for 25 hours of work a week. This will be based on the National Minimum Wage, which ranges from £4.55 for under 18s up to £8.20 for 21 to 24-year-olds. It can be topped up by the employer if they wish to do so.
The government‘s aim is to help young people find real jobs. On-the-job training is extremely effective as not only does the young person learn job related skills, but they also learn valuable people skills and see real life work situations play out. In the long term this experience will be invaluable.
Investing in young people is key when it comes to the future of industry. Construction Helpline was encouraged when financial support for traineeships was also announced. The government plans to invest £111m in traineeships for young people, with every business that takes on a young person receiving £1,000 per trainee they employ.
Businesses who have never had trainees can apply to the scheme, but it is also available to those who want to expand their training. The aim of the scheme is to get three times the number of under 25-year olds into training. It also sits alongside the Government’s “opportunity guarantee” which aims to give all young adults the opportunity to take up an apprenticeship or a relevant work placement.
This is a great opportunity for businesses to invest in young employees. Not only will the training be beneficial to the company overall, but when employees see they are being invested in, they feel valued. A valued employee will always go that extra mile.
Construction is expected to pick up rapidly thanks to the Government’s Project Speed, so training is key. Construction Helpline is here to support all training needs. There are a wealth of health and safety courses, NVQ courses, and CSCS card qualifications to get workers onsite faster.