Information for SME employers

Santander Universities are presently partnering with the University of Stirling Careers and Employability Service, offering small to medium sized organisations with a subsidy to help them provide internship opportunities to Stirling students and graduates. 

Eligibility for Subsidy

  • You must be an organisation with 250 employees or less
  • Annual turnover of £50 million or less
  • Include companies, sole traders, partnerships and charities
  • Cannot apply for further Santander UK plc funding to extend an intern contract or employ the same student or graduate after the internship has completed.

View case studies:

All eligible employers can apply for a subsidy of £600 or £900 (No VAT). Depending on which option you choose, you will be able to get one of these subsidy amounts as full funding, half funding or quarter funding towards your internship.  Subsidies will be provided on a first come, first served basis until available funds have been used up.

Full-time:

This type of internship can run for 2 weeks full-time, based on a 35 hour week.  The employer will received a subsidy of £600 (no VAT), so long as the employer is paying the intern at least £8.57 an hour.

Part-time:

If you would like to offer these hours on a part-time basis during the academic year, allowing students to work around their studies, the pattern can be 1 day (7 hours) a week for 10 weeks or 2 days (14 hours) a week for 5 weeks). The employer will received a subsidy of £600 (no VAT), so long as the employer is paying the intern at least £8.57 an hour.

 We will allow part-time internships for students up to 14 hours a week, so long as some of this time is not based during week-day office hours.  This is to ensure that the student has time to fit their work around their academic timetableIdeally, a student should work 7 hours a week if the job will only be carried out during weekday office hours.  

 

Part-time subsidised internships over 70 hours (TAB)

 Any internships longer than 70 hours will receive a half subsidy of £600 or £900 (No VAT),based on the intern being paid at least £8.57 an hour by the employer.  These internships can be offered in one of the following patterns:

For £600 subsidy: 

  • 2 days (14 hours) for 10 weeks
  • 1 day (7 hours) a week for 20 weeks

For £900 subsidy:

  •  2 days (14 hours) for 15 weeks
  • 1 day (7 hours) a week for 30 weeks
For any internships longer than 70 hours, we will pay the employer a half or quarter subsidy of £600 or £900, depending on the length of the internship, with the employer paying an hourly rate of at least £8.57 an hour
  •  4 weeks or 8 weeks full-time (35 hour week)

Subsidy of £600, based on you paying an hourly rate of £8.57 an hour

  •  6 weeks or 12 weeks full-time (35 hour week)

Subsidy of £900, based on you paying an hourly rate of £8.57 an hour.  

Terms and conditions

You must:
  • Provide a job description for the internship and agree tasks/role in advance
  • Shortlist and process all applications for the internship and let them know if they have been successful or not
  • Provide adequate support or training to enable the student or graduate to complete tasks or roles associated with the Internship
  • Provide working hours and conditions in line with national employment law
  • Invoice the University of Stirling Careers and Employability Service for the agreed amount (no VAT) once the internship starts.  The University of Stirling’s payment terms are 30 days from the date of invoice. 

Next Steps

  1. Complete the Stirling ‌‌internship vacancy form> and send to internship@stir.ac.uk to be approved by the Careers and Employability Service. Final date for submitting an internship vacancy is Friday 10 February 2017.  Internship proposals will be approved on a first come, first served basis
  2. The Careers and Employability Service will start advertising the internship at an agreed time and collect all applications until the deadline date. For summer internships, we plan to advertise from the start of February, in conjunction with our This is Your Life’  careers fair on Thursday 02 February 2017
  3. The Careers and Employability Service will send all applications to you after the application deadline date
  4. Employers are asked to invite candidates for interview and inform unsuccessful candidates.  
  5. Summer internships for returning students need to be completed by Friday 8 September 2017
  6. You will need to complete and sign the  Santander Internship Agreement Form

Employer Quotes

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

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