- 100% of the relevant National Minimum Wage for 25 hours a week
- associated employer National Insurance contributions
- employer minimum automatic enrolment contributions
A sum of £1,500 per job is also available for set-up costs, support and training.
Evidence of this expenditure is required to reclaim from the scheme, and any business or organisation can apply for the funding, no matter the size, as long as the jobs that are being created are new.
They can’t replace existing or planned vacancies, nor can they cause existing employees or contractors to lose or reduce their employment.