Relevant Wage definition
Relevant Wage means the National Minimum Wage or the National Living Wage applicable to the Participant based on their age at the end of the six months of employment funded by the Kickstart Scheme. * The initial Grant instalment: † Confirmation that Participant paid through PAYE:
Relevant Wage means the National Minimum Wage or National Living Wage applicable to the Participant based on their age at the end of the six months of employment funded by the Kickstart Scheme. If, prior to the expiry of the intended six-month period, a Participant ceases to be employed by the Employer as part of the Kickstart Scheme during any month (either because the Participant leaves their job or has their employment terminated), the payment for that month will be reduced on a pro rata basis. The amount of the payment for that month will depend on when the Participant ceased to be employed as part of the Kickstart Scheme during that month. For example, if the Participant works for three weeks during a month and then ceases employment with the Employer, the payment for that month will cover 100% of the Relevant Wage for 75 hours of work (25 hours per week x 3) by the Participant, plus the associated employer National Insurance contributions and employer minimum automatic enrolment contributions. The payment for that month will still be paid in the following month on confirmation that the Participant has been paid through PAYE. No further payments will then be payable in respect of the relevant Participant. The Employer is required to achieve the following outputs and performance measures through the Funded Activities: Agreed Outputs pg. 26 • provide full details of the Kickstart Scheme vacancies to the Gateway and DWP and evidence that these jobs are new jobs promptly following signing of the Funding Letter • make available the number of Kickstart Scheme vacancies stated in the Funding Letter and use reasonable endeavors to fill the vacancies as quickly as possible • provide support to help each Participant with finding future employment. This can include on-the-job training, work search support, transferrable skills development, mentoring and careers advice, and support with CV and interview preparation • help to build each Participant’s work skills which can include developing attendance management, timekeeping, teamwork and communication skills. This will help the Participant’s employment prospects after the Kickstart Scheme job ends
Relevant Wage means the total weekly earnings on which Contributions are paid or Credits are awarded, or Contributions are paid and Credits awarded during a specified period, divided by the number of weeks in that period:
Examples of Relevant Wage in a sentence
DWP determines that a full day of work has been completed if the RTI submission for a Participant shows that the Participant has been paid the Relevant Wage for at least five hours of work.
More Definitions of Relevant Wage
Relevant Wage means the wage prescribed in this Agreement for the class of work which an Employee is engaged.
Relevant Wage means the total weekly earnings on which Contributions 1.5.89