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The Kickstart Scheme provides funding to create new job placements for 16 to 24 year old’s on Universal Credit who are at risk of long term unemployment.
- 100% of the National Minimum Wage (or the National Living Wage depending on the age of the participant) for 25 hours per week for a total of 6 months
- associated employer National Insurance contributions
- employer minimum automatic enrolment contributions
- looking for long-term work, including career advice and setting goals
- support with curriculum vitae (CV) and interview preparations
- developing their skills in the workplace.
What’s the problem?
Young people are amongst the hardest hit by the Covid-19 global pandemic. As of August 2020, the number of British 16-24 year old’s claiming unemployment benefits stood at 537,700. This is an increase of 122% since March of the same year. Furthermore, over the same time period, the UK economy has seen a total of 730,000 thousand jobs vanish from the payroll, reflecting the difficulty young people face in finding a jobs
In response to these alarming statistics the UK government has decided to take action by launching a Kickstart scheme. This scheme provides funding to create new job placements for 16 to 24 year olds who are at risk of long term unemployment.
What Chipkoo Labs is doing to take young adults up to their career ladder?
Chipkoo platform fosters youth with the real-world skill set, mapping opportunities in the new economy, digital transformation and industry expert mentors supervision to evolve the careers over the course of emerging professions.
The Reskilling Revolution platform has been designed to prepare the global workforce with the skills needed to future-proof their careers against the expected displacement of millions of jobs and skills instability as a result of technological change.
Chipkoo Labs is shaping the career of generation Y & Z providing the opportunity to develop prosperous, inclusive and sustainable economies and communities. It focuses on co-creating a new vision in three interconnected areas: growth and competitiveness; reskill and work; and cohesive and inclusion.
Young employees will get the opportunity to learn all the key skills based on corporate need, led by industry experts and mentors and working on business focus real time projects as part of the programme.