Saturday, January 17, 2009
£2,500 Golden Hello.
In an attempt to get long-term unemployed back to work, £2,500 is going to be paid to firms for every person, out of work for six months, they recruit and train. So, this is how it will work: firms struggling during this recession/depression/credit crunch are going to leap at this. £2,500 is not going to impel them to employ someone they don't need or don't want to employ. Such a quantity of money doesn't go anywhere near covering a yearly wage or salary. But the firms will employ someone they wanted or needed, claim the money, and nothing will have changed. More useless 'action' because this government needs to be seen to be doing something and, doing something as far as Brown and crew are concerned, means throwing our money at it. Another £500 million down the plughole.