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Reward scheme for job initiatives planned

Employment - Scheme aimed at SME's
Employment - Scheme aimed at SME's

A Government scheme is being proposed to reward Irish people abroad for coming up with ideas to create jobs.

Details are to be announced next week as part of the Coalition's initiative to boost employment.

It is understood that jobs provided under the scheme that are still in existence after two years would qualify for a €3,000 payment.

The measure is aimed at small and medium enterprises and would be administered by private sector interests and by the IDA.

Some 80m people across the world are believed to be of Irish descent, and members of the diaspora are being asked to help generate employment here at home.

The Taoiseach says that Ireland is faced with an unprecedented challenge, but also has a brilliant opportunity.

In today's Irish Times, Mr Kenny said the scheme was a version of 'ask not what your country can do for you'.

Minister for Enterprise, Jobs and Innovation Richard Bruton has said the Government would manage the scheme tightly and would not give away money if there was not proper contact with the IDA.

He said hard targets were not being put on it, but added that it was well worth piloting and would be judged on its results.

He said it would be targetted at small businesses that would not otherwise consider investing in Ireland.

Asked about the Irish Association of Pension Funds' warning that the Government would introduce a €500 tax on pensions to pay for its jobs initiatives, Mr Bruton said he would not comment in advance of any announcements by the Minister for Finance.

However, he said the jobs initiatives would have to be revenue neutral and any costs compensated for from elsewhere.

He did confirm that such a tax is in the Programme for Government, adding that it is clearly one of the possibilities that would make the tax code more pro-employment.

ICTU calls for new training agency

Ahead of the announcement next week of details of the jobs intitiative, the Irish Congress of Trade Unions has called for the creation of a new training agency and a new fund to finance up-skilling.

In its own proposals, submitted to Government today, ICTU also calls for the delivery of labour-intensive infrastructural projects through the harnessing of the expertise and the resources of the semi state companies.

ICTU General Secretary David Begg said this would be the best way to get quick results, as the semi-state companies have access to finance.

Congress says semi-states could be used in the delivery of large State projects like the national water and waste system and a next generation broadband network.

In its documents, ICTU also outlines terms it thinks should be applied to genuine internship and work experience programmes, which it says must not be used as a cheap form of labour.

A new training agency should be established that would focus on work-based training and would identify where future skills deficits might arise, it says.