Funding

 

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Redundancy funding

If you’ve been made redundant, you could be entitled to ReAct funding to retrain or update your skills.

If you’ve got a new employer lined up, they too could get funding towards your  wages and further training.

If you are facing redundancy in these difficult and uncertain times, we can help with expert advice. 

 Things are changing day-by-day, but we can help you with the most up-to-date advice on the support available.  Contact us.

 

 

Support from the ReAct Scheme

      ReAct helps people affected by redundancy gain new skills and encourages recruiting employers to employ a redundant worker. 

Read the ReAct Guidance Notes for individuals from Welsh Government for full details of the scheme.

 

Who is eligible for ReAct?

Support under the ReAct scheme is available for individuals who:

have become unemployed in the last 3 months as a result of redundancy,

  are currently unemployed, and who have not been in continuous employment for 6 weeks or more since being made redundant

are currently under notice of redundancy

have not undertaken any publicly funded training since being made redundant, including the work-based learning suite of programmes

What is available?

There are 3 elements to ReAct:

Recruitment & Training Support

Vocational training Grant - Discretionary Award

Extra Support Grant - Discretionary Award

Support is available for eligible applicants to increase their skills and remove barriers to learning, or returning to work.

     In order to ensure that this training provides the best possible chance of finding new employment, all applicants will need to have their training needs assessed by Careers Wales.

Careers Wales will also advise on suitable training courses and training venues.

Under this part of the scheme the following financial support is available:

100% of training costs to acquire new skills (up to a maximum of £1,500)

help towards the cost of travelling to training courses

overnight accommodation costs, where appropriate

a contribution towards childcare costs whilst training (subject to limits and conditions)

help with the cost of special equipment to remove barriers to training

     If you’re offered a job after having been made redundant in the last 3 months, your new employer could get funding for taking you on.

The Recruitment and Training element of ReAct could give your employer:

Up to £3000 for taking you on

Up to £1000 towards the cost of training

How much they will get depends on their circumstances. 

How to apply

      If you wish to apply for the ReAct Vocational Training grant, you first need to see an Adult Guidance Adviser at your local Careers Wales office.

Contact us on 0800 028 4844 to make an appointment.

Careers Wales can also supply you with an application pack.

      Your prospective employer will need to contact Welsh Government on 03000 255 888 if they wish to apply for Employer Recruitment and Training Support.

Our Address:
The Business Centre, Cardiff Road
Barry, Vale of Glamorgan, CF63 2AW
Hours of Operation:
Mon. to Fri. 9am to 5pm
Weekends 9am to 12am