The Youth Contract is an initiative from the Department for Work and Pensions Work Programme, to support 18-24 year old into sustainable employment.
The Work Programme in a government initiative, part-funded by the European social fund, which provides a package of support to long-term unemployed individuals, regardless of the benefits they claim.
The Youth contract is intended to help Britain’s young unemployed to get a foot into the job market.
What are the benefits?
Who can benefit?
Any business, charity, voluntary organisation or social enterprise can benefit from the Youth Contract if they employ a NEW member of staff aged 18-24 working a minimum of 16 hours and keep that person employed for at least 26 weeks can receive this incentive. Small businesses with less than 50 employees can make an initial claim of £700 after 8 weeks on employment to help with cash flow.
How to claim
For more information about the Youth Contract Wage Incentive please read this DWP Q&A http://www.dwp.gov.uk/docs/wi-questions-answers.pdf