Wage subsidies are paid to eligible employers only after receiving the employment review and wages paid to the worker. Employers must negotiate directly for wage subsidies with a SERVICES provider. Wage subsidies must be agreed before the new worker arrives and can only be paid if the employer has signed a wage subsidy contract with the DES operator. Start up to $10,000 to hire a job seeker starting at age 50. Youth premium Up to $10,000 for job seekers aged 15 to 24. Youth Up to $6,500 for job seekers aged 25 to 29. Parents Up to $6,500 if you hire a job seeker who is the primary culprit. In the long run, if a job seeker has completed 12 months in our Jobactive program, you may be eligible for a grant of up to $6,500. There is no age limit for this grant. Tell us today how we can help you access government wage subsidies. Employers are required to keep the appropriate documentation to support the wage subsidy agreement. Training and internships can also benefit from a wage subsidy and other financial incentives made available to employers under the Australian Apprenticeships Incentives programme.
Apprenticeships and internships are also eligible for wage subsidies. As a general rule, you receive wage subsidies for a period of six months. A wage subsidy is a government financial incentive of up to $10,000 (including GST) available to qualified businesses employing eligible job seekers. Payments are available over a six-month period. For example, the maximum amount of the restart allowance is $10,000, but it can be reduced depending on the job seeker`s work capacity, the length of the job (full-time or part-time) and the length of the employment. We also assist you in the grant application process if you hire through one of our programs. Employers who choose to hire someone who has completed a national work experience program may also be eligible for a wage subsidy. To learn more about wage subsidies, talk to your investment service provider. Employers can receive a wage subsidy if they apply to an investment service provider within 12 weeks (84 days) of your new employee`s start date to apply for a wage subsidy. Employers can claim up to $10,000 for eligible Aboriginal job seekers who meet the criteria for an active wage subsidy.
Waiting times can also be waived for these payments, so employers can apply as soon as the job seeker joins the Jobactive program. In some cases, an employer is not eligible for a wage subsidy. Some exclusions are frequent: attempts at paid work may be part of a wage subsidy contract, with the exception of those funded by the Employment Fund. This depends on the wage subsidy program and the agreed negotiated amount, based on the program criteria, the individual circumstances of the job seeker and the needs of the employer.