Rebuildingsociety has been approved to take part in the Kickstarter scheme to hire 10 young people over the summer.
The Department of Work and Pensions approved the peer-to-peer business lender’s application for the scheme, which provides employers funding to create new jobs for 16 to 24 year olds on Universal Credit who are at risk of long-term unemployment.
The scheme pays employers 100 per cent of the national minimum wage, or the national living wage depending on the participant’s age, for 25 hours per week for a total of six months.
Rebuildingsociety’s Kickstarter roles include business development executive, customer insight analyst, social media coordinator, marketing executive, marketing communications assistant and the platform intends to add a legal, ops and compliance associate role too.
The platform has begun interviewing candidates and hopes to fill the positions by mid-June.
The Kickstarters will work closely with business development manager Rick Hyland, who will train, motivate and lead the young professionals.
All being well, the platform will offer full-time positions to the strongest candidates at the end of the six-month program.
Rebuildingsociety appointed global HR manager Alfie Quiming in February to assist with finding and supporting new talent.
“We’re working on a graduate training programme that gives graduates exposure to working in various departments of a regulated financial services firm,” he said.
“We understand that graduates may want to experience working with different roles and managers to help inform their career direction.”
Rebuildingsociety said the platform has considerable experience of hiring university graduates and invests in professional training and development.
Senior managers Kylie Greeff and Michael Lawther both started as graduates straight from university. After five year’s continued service, the firm paid 50 per cent of Lawther’s legal practice course costs to support him in becoming a qualified solicitor.