Availing of Employer Incentives and Supports

Jobs Employers can now take advantage of many employer incentives and supports. The most recent incentive, introduced by the government this month is the JobsPlus scheme.

The JobsPlus scheme 

The innovative JobsPlus scheme is primarily focused on the long term unemployed, providing a cash flow benefit to businesses who hire jobseekers that have been on the live register for 12 months or more.

The objective of JobsPlus is to provide a simple, easily understood and attractive scheme that will encourage employers to recruit from the cohort of the long term unemployed.

Under the scheme the Government will pay a quarter of some workers’ wages to get people back to work. The plan is to offer businesses a €1 cash refund for every €4 spent hiring someone off the dole. The refund will continue for 2 years. The employer has to commit to take the worker on for a full year at least. The refund will equate to 25% of the gross cost of hiring someone in a job worth about €18,000 to €20,000 a year.

There will be two levels of incentives for employers:

  1. Employers that recruit unemployed for between 12 and 24 months – € 7,500
  2. Employers that recruit unemployed for more than 24 months – € 10,000

The direct cash grant for businesses can be claimed a month after wages are paid. The Minister for Social Protection Joan Burton said recently- “JobsPlus will help businesses to create new jobs and reduce long term unemployment”.

The main eligibility criteria for JobsPlus are:

  • Jobs must be ‘full-time’ employments of over 30 hours per week, spanning at least four days per week
  • Employers must be complaint with Irish tax and employment laws
  • Eligible jobs must not displace any other employee
  • Recruits must have been unemployed for a period of at least 12 continuous Months

There is no limit on the number of eligible recruits per employer and the incentive will be available to employers filling new vacancies as a consequence of natural turnover.

This JobsPlus Incentive was launched in early July and will be available in respect of all employment commencing on or after or after the 1st July 2013.

Employers will be able to register on www.jobsplus.ie to become an eligible employer under the JobsPlus Incentive. An employer will also be able to instruct a potential employee to apply on-line at http://www.jobsplus.ie to verify their status as an eligible employee under the JobsPlus incentive.

Please note: Revenue Job Assist (IT59) and Employer Job (PRSI) Incentive Scheme have been replaced with this new JobsPlus scheme as of the 30th June 2013; however beneficiaries of these schemes will continue to receive the tax and PRSI exemption benefits for such time as they are entitled to these benefits in accordance with the terms of these schemes.

Other incentives that employers may avail of include the following;

PRSI Incentive Scheme

The lower employer’s PRSI rate reduced from 8.5% to 4.25% on incomes of up to €356 per week. The rate will be restored to 8.5% from 1 January 2014. The cost of employer’s PRSI for staff who are earning €356 per week is €15.13 compared to €38.37 previously. For every employee who earns €1 above €356 per week, it is going to cost you €23.24 in employer’s PRSI per person per week

National Internship Programme: JobBridge

JobBridge is a new National Internship Scheme that will provide work experience placements for interns for a 6 month or 9 month period. The aim of the National Internship Scheme is to assist in breaking the cycle where jobseekers are unable to get a job without experience, either as new entrants to the labour market after education or training or as unemployed workers wishing to learn new skills.

The scheme will also give young people a real opportunity to gain valuable experience to bridge the gap between study and the beginning of their working lives.

Interns will receive an allowance of €50 per week on top of their social welfare entitlement.

This will be payable for the period of the internship. By taking part in the JobBridge scheme, your organisation will:

  • Give an unemployed person the opportunity to gain relevant work experience
  • Access potential future employees
  • Enhance the performance of your organisation by offering an internship to motivated individuals with enthusiasm and a passion for developing their careers
  • Bring in fresh talent, fresh ideas and new thinking
  • Access newly trained interns with recent skills sets or skilled workers that add real value to your organisation.

Caroline McEnery - Beacon Initiative Caroline McEnery – Human Resources Development

Caroline is part of the Beacon Initiative, Grow Programme Virtual Management Team, which can assist qualifying SME’s to grow through the provision of management expertise that may not be accessible to them currently

1 thought on “Availing of Employer Incentives and Supports

  1. Pingback: What Is Really Going On When Designing Sales Incentive Schemes? | prosperosworld.com

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