ReAct II for Employers Recruiting?
The Redundancy Action Scheme II (ReAct II) is a programme of funding for training provided by the Welsh Assembly Government for people living in Wales who are facing redundancy.
Get two packages for taking on someone who has been made redundant.
1. Employer Recruitment Support funds employers who recruit individuals made redundant in the past six months. The award offers up to £3,000 paid in four installments as a contribution towards wage costs.
2. Employer Training Support is a separate discretionary fund of up to £1,000 that an employer can put towards the cost of the new recruit’s job-related training.
Who qualifies for the funding?
The funding is available to your business if the individual you wish to recruit is under formal notice of redundancy or has become unemployed in the last six months as a result of redundancy. The individual must have been a resident in Wales at the time they first became eligible for ReAct II.
Individuals working 25 hours per week or more will attract a full wage subsidy whilst those employed between 16 and 24 hours per week will receive a wage subsidy equal to 50% of the full time rate. No wage subsidy is payable for employees who work less than 16 hours per week.
Employer Recruitment and Training Support is available if:
- Your business is expanding and the post is new; or,
- You seek a justifiable replacement for a vacant post; and,
- Your business does not have a director in common with the company that made redundant the person you want to recruit;
- The employee is working at least 16 hours per week;
- Their role is expected to last for at least 12 months;
- The employee is not being supported by any other public or European Fund; and
- Your business has not reached the ‘de minimis‘ threshold for State Aid rules.
Important note: Individuals who might otherwise have been eligible are disqualified for funding if they have:
- Started working for you before your application for ReAct II funding has been approved;
- Received paid employment of any kind continuously for six weeks or more in the six months prior to applying for support; or
- Undertaken any publicly-funded training, including Work Based Learning programmes, since being made redundant.
Find out more
You can get more information on ReAct II from the ReAct Team in Chepstow, from your local Careers Wales office or from Learning and Careers Advice on 0800 100 900.