Update as Telegraph runs story on welfare reform from the coalition perpective....
Welfare reform: companies could make up to £14,000 for every claimant who gets back into work
Private firms could make up to £14,000 each for every long-time benefit claimant they get back into work, the welfare reform minister has said.
The new Welfare Reform Bill will sweep away a range of benefits and replace them with a simple Universal Credit. Benefits claimants will get higher payments when they go to work, trying to give them a stronger incentive to take jobs.
Welfare-to-work providers will be rewarded for helping long-term unemployed back into work and able Lord Freud said they would be able to earn “very good fees” from the benefits overhaul.
He said: “Depending on the scale of the challenge the jobseeker faces, we will pay anything between £4,000 and £14,000 to the employment specialists – if they can get people into sustainable employment.”
The Government recognised that “it is very easy to throw an incredible amount of money” at new benefits programmes “without seeing results”.
There are 2.2million people on incapacity benefit, of whom 1.6million will be assessed to see if they are fit for work. Trials have suggested that one in three will be judged to fit to go back to work.
Source;
Telegraph