Santander Universities are presently partnering with the University of Stirling Careers and Employability Service, offering small to medium sized organisations a subsidy to help them provide internship opportunities to Stirling students and graduates.
All eligible employers can apply for a subsidy of £600, £1200 or £1500 (No VAT). Depending on which option you choose, you will be able to get one of these subsidy amounts as full funding or half funding towards your internship. Subsidies will be provided on a first come, first served basis until available funds have been used up.
If you would like to offer these hours on a part-time basis during the academic year the internship could be 7 hours per week for 10 weeks. This is to ensure that the student has time to fit their work around their academic timetable.
If you want the student to work over the summer then the internship could be 7 hours per week for 10 weeks or 14 hours per week for 5 weeks.
You will receive full subsidy of £600 (no VAT), so long as you are paying the intern at least £8.57 an hour.
Subsidy of £1200, based on you paying an hourly rate of £8.57 an hour.
Subsidy of £1500, based on you paying an hourly rate of £8.57 an hour.
Access to a skilled candidate ready to take on a varied role, and provided our intern, with what was hopefully, a valuable experience in a professional environment to apply his knowledge in a real world business context. Participating in the Santander/University of Stirling scheme meant we could take on a skilled full-time employee with a shared cost. .
Marc Crothall, CEO of Scottish Tourism Alliance
The scheme was certainly beneficial to both the company and intern. Having used the scheme previously too, I think the scheme is a great way to get recent graduates with enthusiasm into the business and allow them to share and bring their ideas into the business. Via the scheme, Owen has secured long term employment with the company as have interns from the previous year.
Katy Gibson, YouTrain