Building Your Business
Grants available to employers through JobsPlus Programme

3 August 2013

The new JobsPlus programme was formally launched on Monday 8th July by An Taoiseach, Enda Kenny. The programme replaces the Revenue Job Assist and the Employer PRSI schemes which closed at the end of June.

The objective of the new programme is to provide a simple, easily understood/operated and attractive scheme that will encourage employers to recruit from the cohort of the long term unemployed. The incentive will be paid one month in arrears over a two year period and is worth approx. 23% of the national minimum wage plus employers PRSI. Please note this grant is exempt from taxation.

The Scheme seeks to target 75,000 people who are currently long-term unemployed back into the workforce by 2015.  JobsPlus is another valuable addition to the range of measures being undertaken by the Department to get people back to work.

The scheme will provide a fixed grant payment to businesses for each new employee.

There will be two levels of incentive:-

• In respect of recruits unemployed for between 12 and 24 months: €7,500

• In respect of recruits unemployed for more than 24 months: €10,000

From an employer perspective, the typical value of the incentive over a two-year period is circa 23% of the gross minimum wage cost (including employer PRSI) for a person exiting the Live Register to commence full-time employment.

The Action Plan for Jobs 2013 outlines seven disruptive reforms, which are high impact measures with ambitious deadlines, implemented in partnership with senior industry figures and are ed because of their potential to have an immediate effect on job-creation.

It is proposed the scheme will:-

  • Be available to all full time employments of over 30 hours per week; spanning at least four days per week
  • Employers must be compliant with Irish tax and employment laws
  • Eligible jobs must not displace any other employee
  • The scheme will be available to employers filling new vacancies as consequence of natural turnover
  • No limit on number of recruits per employer

In order to address the deadweight cost issues with schemes of this nature, the incentive is bias in favour of the long term unemployed and is being piloted for six months initially, after which it will be subject to review.

 

For more information please visit the Department of Social Protection Website or more specifically for further information on the scheme visit here

For information on employment supports available from WCD click here  

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