YETP’s Retention Allowance: Up to a total sum of $12,000 - Youth.gov.hk
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YETP’s Retention Allowance: Up to a total sum of $12,000

Career & Study

11-11-2021

YETP’s Retention Allowance: Up to a total sum of $12,000

Youth Employment and Training Programme (YETP) is free of charge and offers you an allowance, up to a total sum of $12,000!

YETP’s Retention Allowance

A 3-year Retention Allowance Pilot Scheme under YETP was launched on 1 September 2020 to encourage trainees to undergo and complete on-the-job training, thereby stabilising employment.

During the Pilot Scheme period, trainees are eligible for a retention allowance of $3,000 if they are engaged in full-time on-the-job training for 3 months and an additional $1,000 for completion of each subsequent month. For part-time on-the-job training, the respective amounts grantable will be halved. Each eligible trainee would be granted retention allowance for a maximum period of 12 months (i.e. up to $12,000) under the Pilot Scheme.

Eligibility for YETP

-  Young school leavers aged 15 to 24
-  Sub-degree level or below (or equivalent)
-  No related academic qualification and work experience required
-  Lawfully employable in Hong Kong

For details, please refer to the website of YETP of the Labour Department or contact the Programme Office at 2112 9932.

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/en/career-and-study/stories/detail.htm?content-id=2389878§ion=CSA en /html/www/en/images/career-and-study/stories/cover-photo/RetentionAllowance_900x506.png /html/www/en/images/career-and-study/stories/cover-photo/RetentionAllowance_900x506.png /html/www/en/images/career-and-study/stories/cover-photo/RetentionAllowance_900x506.png YETP’s Retention Allowance: Up to a total sum of $12,000 Youth Employment and Training Programme (YETP) is free of charge and offers you an allowance, up to a total sum of $12,000!YETP’s Retention Allowance A 3-year Retention Allowance Pilot Scheme under YETP was launched on 1 September 2020 to encourage trainees to undergo and complete on-the-job training, thereby stabilising employment. During the Pilot Scheme period, trainees are eligible for a retention allowance of $3,000 if they are engaged in full-time on-the-job training for 3 months and an additional $1,000 for completion of each subsequent month. For part-time on-the-job training, the respective amounts grantable will be halved. Each eligible trainee would be granted retention allowance for a maximum period of 12 months (i.e. up to $12,000) under the Pilot Scheme.Eligibility for YETP -  Young school leavers aged 15 to 24-  Sub-degree level or below (or equivalent)-  No related academic qualification and work experience required-  Lawfully employable in Hong Kong For details, please refer to the website of YETP of the Labour Department or contact the Programme Office at 2112 9932. 2389878 |Career||YETP||Allowances| |CSA| 2021-11-11 00:00:00.0