The labour policy has launched an important project, but its feasibility is yet to be determined. According to the government’s latest decision, businesses will receive £3,000 in aid if they hire young people under the age of 24.
Whether this project has a chance of success is still unknown. However, what is known is that for businesses to hire young people under 24, those young people must first apply for the jobs. They need to incentivize these young people to apply. If employers needed young people, they would hire them regardless of the government’s decision, but if there are no qualified young people, what will they do with them? Let’s say businesses receive £3,000 from the government, but that money doesn’t even cover two months’ salary. Clever business owners might hire temporary employees to get this money from the government.
Or they might hire their relatives and present them as new employees. It’s impossible to know. How long will the hired young people work? Will their social security contributions be paid? These things are still unknown. What’s known is this: It’s not important to make decisions based on trusting people; what’s important is acknowledging that dishonest people and businesses exist everywhere and imposing legal obligations accordingly.It’s also difficult to find young people to do heavy, long-term work. They prefer comfortable jobs with shorter hours and higher pay.
It seems that the working age for young people is over. Applying for benefits and receiving lower wages is their first choice. Even if they are hired, identifying their skills and finding a job that suits them is another problem. In this situation, businesses need to find jobs that match the employees, not just find employees for jobs.
The intention may be good, but the result doesn’t seem likely to be much better; we’re warning you in advance.