What is the key purpose of the Employment Linked (ELI) Incentive Scheme?

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Understand the Problem

The question is asking for the main objective of the Employment Linked Incentive (ELI) Scheme, requiring knowledge about this specific scheme's purpose.

Answer

To encourage employers to hire first-time employees.

The key purpose of the Employment Linked Incentive (ELI) Scheme is to encourage employers to hire first-time employees.

Answer for screen readers

The key purpose of the Employment Linked Incentive (ELI) Scheme is to encourage employers to hire first-time employees.

More Information

The ELI Scheme is designed to formalize employment, especially helping new entrants gain access to jobs and social security.

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