Companies could receive up to £2,300 to recruit the young long-term unemployed in deprived communities.
The DfEE’s scheme, called Recruit, aims to reduce long term unemployment among 18 to 24 year olds.
Aimed at small businesses, the grant would be paid to them in two lump sums, the first when the employee starts and the second after 13 weeks.
It is hoped this structuring of the “golden hello” will promote retention.
By Paul Nelson