Redundancy Funding

Redundancy brings with it many problems and it can be difficult to see opportunities but opportunities do exist! Consider things you have always wanted to do but fear prevented you from taking that leap into the unknown.

You could be entitled to ReAct funding to retrain or update your skills. If you have got a new employer lined up, they too could get funding towards your wages and further training.

What is ReAct Funding?

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

Who is eligible for ReAct?

ReAct scheme is available for individuals who:

  • have become unemployed in the last 3 months because 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:

  1. Recruitment & Training Support
  2. Vocational training Grant – Discretionary Award
  3. Extra Support Grant – Discretionary Award

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

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 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.

Other help and support

Funding for learning if you are unemployed

If you are unemployed and claiming benefits:

  • You can usually do some part-time study without it affecting your benefits. Check with Job Centre Plus before you start a course
  • You might also get help with childcare and other costs.

What training can you complete through Karen Blake Coaching?

Give us a call on 01685 700946 and find out what training we can support you with to enable you to gain your next opportunity or have a complete career change! Karen Blake Coaching is on the Career Wales Training Provider list for Merthyr Tydfil and Blaenau Gwent. We also offer remote learning if you are unable to attend a site.

 

 

Source: careerswales.gov.uk