tallagHt news ©
JobsPlus InItIatIve announced
28TH FEB. 2013 P.O. BOx 3430, TALLAGHT, DuBLIn 24 TEL: 451 3822 email: info@newsgroup.ie web: www.newsgroup.ie
The Minister for Social Joan Protection, Burton, T.D. has announced details of the new JobsPlus scheme which will incentivise businesses to hire additional employees from the Live Register. The innovative job creation scheme is focused on the long-term unemployed, providing a cash-flow benefit to businesses which hire jobseekers who have been on the Live Register for 12 months or more. It is one of a series of strategic and reforming measures which the Department of Social Protection is
implementing as part of Government's the Action Plan for Jobs 2013. Speaking at the opening of an Employment and Advice Fair in Marshes Shopping Centre in Dundalk, Minister Burton said: "JobsPlus will help businesses to create new jobs and reduce long-term unemployment. Since becoming Minister for Social Protection, I have radically reformed the Department's services for jobseekers, launching Intreo - a one-stop shop service which jobseekers can get their financial and employment supports in the one place for the
scheme will incentivise businesses to hire additional employees from the live Register
first time. We are also the implementing Pathways to Work strategy, which aims to get 75,000 people who are currently long-term unemployed back into the workforce by 2015. JobsPlus is another valuable addition to the range of measures being undertaken by the Department to get people back to work." The scheme will provide a fixed grant payment to businesses for each new employee. There will be two levels of incentive: • In respect of recruits unemployed for between 12 and 24 months: €7,500
• In respect of recruits unemployed for more than 24 months: €10,000
From an employer perspective, the typical value of the incentive over a two-year period is circa 23% of the gross minimum wage cost (including employer PRSI) for a person exiting the Live Register to commence full-time employment. It is proposed that the new incentive will be payable, on a monthly in arrears basis, over a two-year period. "This is a scheme that will be straightforward to administer and will encourage the
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