People, Places, Business

ReAct

Redundancy Action Scheme (ReAct)

The Welsh Government’s Redundancy Action Scheme (ReAct) provides a package of support to help people who have been made redundant or are under threat of redundancy.

Financial support helps individuals gain new skills, overcome obstacles and improve their prospects of returning to work in the shortest possible time.

There are three parts to the scheme:

  • Employer Recruitment Support funds employers who recruit individuals made redundant in the past six months. The award offers up to £2,000 paid in four installments as a contribution towards wage costs.
  • Employer Training Support is a separate discretionary fund of up to £1,000 that an employer can put towards the cost of the new recruit’s job-related training.
  • Recruitment Consultancy Support provides a comprehensive package of recruitment support and guidance to help companies find the right person.

Employers can choose whether to apply for Recruitment Support alone or Recruitment and Training Support. Employer Training Support can only be used in conjunction with Employer Recruitment Support.

Applications must be submitted within six months of a new employee’s date of redundancy with a previous employer. Companies must not have received any other work-based training funding for an individual since redundancy.

To apply for ReAct funding contact 01792 765888 or email: ReAct.team@wales.gsi.gov.uk or visit www.wales.gov.uk/react