Revised Financial Assistance for Employers of Reservists

The financial assistance available to employers whose employees, apprentices and business partners are absent due to mobilised service has been amended as at 1st October 2014. This scheme has been introduced to allow payments to these employers of up to £500 per Reservist per month based on 35 hours per week or more. This scheme is only available to SME’s employing up to 250 employees and an annual turnover of less than £25.9m as well as partnerships who meet the same criteria. Public Authorities are not included.