Deputy John McGuinness has welcomed a Government initiative to exempt employers from PRSI to assist with job creation.
The Employer Job PRSI Incentive Scheme will save an employer in the region of €3,000 from the annual cost of employing an additional worker making it easier for employers to create new jobs.
Deputy McGuinness said the Scheme is deliberately targeted towards those who have been unemployed for six months or more.
“As there is a risk for those who are unemployed for over six months will become long-term unemployed it is important that we target support at these people.”
“The Scheme will be open to any employer who created jobs in 2010 and hired someone who was unemployed for over six months. Upon approval of the application to the Scheme employers will not have to pay PRSI for 12 months from the date of acceptance. I am pleased that the Scheme is being administered in this way to include those employed from the beginning of the year,” he said.
It is hoped that this Scheme will support employers to create new jobs and is only one of a number of initiatives being implemented by the Government.
“Employers must meet certain criteria to participate in the Scheme. As well as the employee being unemployed for at least six months, the job must be full time and a new position. Employers will be limited to a maximum new jobs to equal five per cent of the existing workforce or for smaller companies, five new jobs. The jobs must also last for six months or more. If positions last for shorter periods the employer will have to repay the PRSI amount to the Government.”
“Kilkenny employers who are interested in the Scheme can get more information at www.welfare.ie or by calling 1890 927 999.”
“I am hopeful that this Scheme will assist local employers and those who are currently unemployed. It is vital that we give every practical support possible to those who are endeavouring to create local jobs,” concluded Deputy McGuinness.
